Newstrike Brands Ltd NWKRF

RE:RE:As for the Tragically Hip

[itsalie]

TheBar10der wrote:

Your reply has nothing to do with facts. And my post suggested nothing in regards to The Hip selling for pennies, nor is the band being used for advertising. HIP is just a stock ticker and not the companies name or brand recognition.

Posting opinions are great - posting things that are not true isn't.

Some people dont actually fact check the info they read on these boards - so again, opinions are great, posting thngs that are not true isn't

The tragically Hip are going to do ok in this deal.  Actually lost a bit of respect for the band.. bit of a sell out really.. 

""According to a May regulatory filing, The Tragically Hip has a "comprehensive licensing and promotional services agreement" with HPI Holdings Ltd., which was taken over by Newstrike effective Feb. 3.

Under the agreement, The Hip and its members will get 2.5 per cent of gross revenues "from the sale of products bearing the brand or likeness of The Tragically Hip." The band also received three million shares in the company, plus "a non-refundable advance payment against future royalties of $1,000,000."

Trading in Newstrike Resources shares was halted on Tuesday, with the stock worth $0.145 on the TSX Venture exchange. If The Tragically Hip still holds three million shares in Newstrike, those shares were worth $435,000 on Tuesday.