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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > Class action anyone ?
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Post by doinaokwithmj on Jun 11, 2019 10:59am

Class action anyone ?

Is anyone aware of any effort to investigate whether or not any actual fraud was committed by management or leadership of the former Newstrike Brands ?

YES, I am a bagholder and I am trying to simply move on and hope that I someday break even with the HEXO crumbs I was given in exchange for my HIP shares,  but how this all went down sticks in my craw and seems like more than your basic stock market - you win some you lose some scenario.
Comment by mozzarella on Jun 12, 2019 8:26am
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Comment by flyboy27 on Jun 12, 2019 1:28pm
there should be a formal investigation.   from the manipulation started November 2018.  for sure the Bs in Feb 2019. yes it stinks   bad deal all round so far....   and the exersise of options and then selling of millions of hexo shares prior execution of the deal.   lets see WTF happens here next......  I have my idea. the band, to me, just will ...more  
Comment by mozzarella on Jun 12, 2019 7:39pm
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Comment by Jack4000 on Jun 13, 2019 5:02pm
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Comment by flyboy27 on Jun 15, 2019 11:34am
Everyone was Rail Roaded...  the trade commission should have been notified  in February .. string along untill ...boom the big give-a-way.   .0633....   and now even more BS. nothing hip about this tragedy......hate to say it..  thanks Jay    I guess we will see how this all pans out.....
Comment by Jack4000 on Jun 15, 2019 7:08pm
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Comment by mystique1 on Jun 18, 2019 10:40pm
97% saw the benefit and voted in favor.  Malcontents totaling 3% still are having difficulties accepting a good deal.
Comment by flyboy27 on Jun 19, 2019 9:19am
Your blind, to what they have done to investors with this one.  CEOs selling millions prior to the conversion, share price manipulated to suit the deal.  so much more.  can only hope Newstrike finacials really boost Hexo next Qt  or this is a massive bag over the head- screw job for all who believed .  IMO.....!
Comment by VeritasVern on Aug 01, 2019 3:34pm
screwed on the conversion. HIP orginal shares, converted are now at a 52 week low. What ever happened to the HIP branding that most were certain was going to propel the stock? No pun intended but looks like HEXO couldnt care less and that has tragically ended. So sad to see so many lose so much.
Comment by flyboy27 on Aug 06, 2019 1:36pm
-----They fed everyone a line of $hit for 8 months,   Many many people are totaly screwed on this one.  something should be done for the manipulation, and the destruction of shareholder value.
Comment by mystique1 on Jun 18, 2019 10:36pm
doinaok................there was nothing wrong with this transaction. Hexo took over a struggling company. Hip president realized the company problems and made the best decision available to him.
Comment by mozzarella on Jun 19, 2019 11:45pm
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