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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 TooMuchInvestedon Jan 20, 2018 10:43am
309 Views
Post# 27400491

RE:offer

RE:offerNow why would a offer 1.47/share when they know that 90%+ voted yes to a valuation of around $0.90? Speaking as an individual whom wrote up a business plan for a 20000sqft facility, Hip is worth maybe $250mn on expected free cash flow on 10 years and 20% discount rate. I would love to know why Hippocrates worth more than $0.90.
cashcourier wrote: I think it will be 900 Hip for 100 ACB or 9 for 1 900 x 1.47=$1323.00  100 x $13.48= $1348.00


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