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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 Smoogirlsimson Jun 18, 2018 9:39am
94 Views
Post# 28185115

RE:RE:RE:remember the last $40 mill bought deal

RE:RE:RE:remember the last $40 mill bought dealOnce the private placement shares are free to trade in the open market (after the typical 3-4 month restricted period), they are treated just like any shares you may have purchased in the open market. They are taken into consideration for EPS etc.  They are included to the outstanding shares calculation.  If EOM gets bought by another company these shares get the same peice of the pie you would.  Basic high school accounting here.  Once the restricted shares are free to trade you will see the O/S share number increase by theat of the private placement.  
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