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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 by User

Comment by dogger05on Nov 19, 2017 5:52pm
330 Views
Post# 26992988

RE:Sharks in the waters are circling.

RE:Sharks in the waters are circling.
CallMeRocketMan wrote: MY Opinion for the week ahead. Lets take a look at the bigger picture.

I said earlier in the week, in a post that I thought the CMED-HIP deal would get done, but I didn't think the ACB-CMED deal would close. As of Friday the CMED-HIP deal is good to go,
however the ACB -CMED deal didn't happen. No big surprise there.

I would image with all that square footage of grow space that Aurora has opening soon in Edmonton, they are gonna need the proper guidance in place to be able to grow a product of good quality and consistancy. I think that CMED adds enormous value in that end of operations as well experience and that ACB is aware of needs/wants this value added to they're company among other things. Having 900,000 sq ft of growing inconsistant, sh!tty weed won't cut it. There is too much a stake.
I do believe that after doing some research on CMED, is that growing experience they have had for so long is a very valuable asset to this industry.

I remember when Canopy bought out Bedrocan early, as Bedrocan had previous years of grow experience in Holland. That has worked out well for them.
 
Enter ACB w CMED situation..
ACB thought for some reason a "hostile" take over of CMED, was appropriate and the way to approach this I guess.
ACB is pretty impressed w CMED reportingly buying up 30+% of CMED shares in the market recently......Unfortunatly for ACB, they didn't take into account the CMED-HIP deal that was already in the works, that ACB didn't have knowledge of.
Enter now, HIP outstanding shares into the picture. *important*
These shares were never accounted for in the ACB-CMED offer.

CMED-HIP deal was done with negotitions and proper proceedures like a normal business transaction. This deal is a 99% done deal in my books. Share holders will need to vote in favour.
We will be trading HIP stocks for another 2 months or so aprox until the merger of CMED-HIP shares merge as one stock symbol.

If you do some research, you will notice "insider" of ACB executive Dale Lesack has been SELLING alot of ACB shares this year and as of most recently last week. Here is a link to his recent sells.
Dale got out on top last week at $5.38 and $6.45 w a huge amount of shares sold w profit taking. Congrats Dale!! Thats a big win for you!!!

https://www.canadianinsider.com/company?menu_tickersearch=ACB

What do you think that is gonna happen next week w ACB shares??
investors in my opinion might follow Dale by selling ACB shares and taking profits too.

I would think at this point, it's in the best interest of a ACB share holder to buy CMED or even HIP shares as ACB already has informed us of there 30% invested interest in CMED. 
If your an ACB investor, like Dale, your gonna want to take some of your profits off the table from the recent run up, I would think.  Follow the leader, leader right Dale??

What is he possibly doing with all that money? 
Well, according to Aurora recent revelations, possibly buying CMED shares, might be the game plan??  buying some votes perhaps??
 
ACB has valued CMED at $24.00 ---(thats gives HIP a share value of 0.79cents) in that quote, so the cards are on the table on what ACB would pay CMED without the HIP stocks entered the equation. The price of poker just went UP as HIP is now gonna be with CMED and the shares are ready to fly high. Add to the mix, HIP will be getting a sales lic soon!!!

What will be the new offer that ACB will put on the table for CMED/HIP now is the million dollar question.
I don't mind if all 3 merge into 1, but its gonna have to a offer be higher than $24 w HIP now included in the situation and pending sales license due soon.

Bottom line, look for a strong week with CMED and HIP.
If people that currently own HIP, stay strong and long and hold the line and don't sell they're HIP shares, that will drive the share price to the sky basically.
These prices in the last couple weeks of HIP stocks are not going to be available any more 0.30,.40 or 0.50 cents. Kiss those prices bye bye.

Watch out for sell off / profit taking w ACB this week and that new $$$ coming into CMED/HIP for investment and strategic voting purposes as ACB already has 30% interest in CMED and wants more!!!
If im a ACB investor and I can buy a stock (CMED/HIP) at current market price around $20
that ACB has valued at $24 minumum, that seems like a solid investment.






not really a well thought out post. Acb does not own 30% of cannimed
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