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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

Post by hossain499on Mar 01, 2018 5:07pm
314 Views
Post# 27647253

Warrant HIP.WT

Warrant HIP.WTStrated trading today. I bought 95k at $0.07 and wondering what you guys feel about this warrant. Here is the details on HIP.WT:

Excercise price = $1.75 
Expiry Date       = 24 months from the recent clossing of financing 

Acceleration Clause: If HIP trades over $2.60 for 10 consecutive days, management may issue notice for accelerated exercise of the warrsnt.

I bought on the assumption that over the next couple of months if HIP hits $1.50, this warrant will trade over $0.25. If HIP goes to $2.60 within a year or so, HIP.WT will be worth over a $1. It's an amazing opportunities. 

Thanks
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