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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > Did I read this correctly?
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Comment by Extallioneson Jan 05, 2018 7:27pm
195 Views
Post# 27294666

RE:RE:RE:Did I read this correctly?

RE:RE:RE:Did I read this correctly?
Gulruthina wrote: but if CMED is issuing shares to HIP shareholders isnt that free money? Since they get CMED shares aside from their current HIP shares?


No.  Your HIP shares will be converted into CMED shares.  Meaning you will no longer hold shares in HIP.  Only in CMED - Newstrike will continue to exist as a subsidiary of CMED, but CMED will hold all of its shares, and you will only hold shares in CMED. 
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