OTCPK:NWKRF - Post by User
Post by
Underwhelmedon Jan 16, 2018 5:17pm
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Post# 27371781
Do not understand why anyone would buy shares at this point
Do not understand why anyone would buy shares at this pointDeal with CMED is pretty much done. News release today by a huge stakeholder saying they support the deal. What does that mean? your share value will be reduced dramatically.
There are people here posting "LOL don’t worry HIP shares will go up to $3 after the deal bro"
This is just blatant misinformation. They are saying this praying that the stock goes up to a share price so they can recoup losses. This is an acquisition, all your HIP shares will be converted to CMED at the agreed ratio (I know it was 33 for every 1,0000). There will be no HIP.V listing anymore.
The real losers are those who bought at that $3 high last week. I feel for you guys, you will just have to now hold on to your stocks and ride out CMED. This was a board of directors who had majority shares that wanted to sell no matter what, it’s the nature of any resource/mineral small cap company.