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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 > Opinion and HIP CMED Synopsis
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Comment by Sevam123on Jan 12, 2018 2:57pm
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Post# 27344600

RE:RE:RE:RE:RE:Opinion and HIP CMED Synopsis

RE:RE:RE:RE:RE:Opinion and HIP CMED SynopsisThe share exchange ratio is influenced by the value of the deal and the number of shares each company has outstanding.  The wide ratio is not just price.  HIP has 389,000,000 shares outstanding. CMED only has 24,443,000.  Even if the values of each comany were identical the exchange ratio on the shares would have to be  roughly 389 to 24.  
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