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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 MNK3240on Jan 16, 2018 9:23pm
189 Views
Post# 27373384

RE:If Aurora takes over CMED

RE:If Aurora takes over CMEDDepending on how that happens? If it is not a merger, then CMED may become a subsidiary of Aurora and both will continue in their own names and HIP shareholders will become shareholders of CMED and will continue the same. But if Aurora acquires CMED and dissolves them by giving their shares to CMED (whatever the agreed ratio is), then HIP shareholders will become shareholders of Aurora. 

Interestingly, Aurora’s share price is half of CMED, so depending on the terms, HIP’s current shareholders will have something but that is another uncertainty. God help hip’s current shareholders!
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