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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 goldman777on Jun 22, 2018 2:25pm
123 Views
Post# 28214841

RE:RE:RE:RE:Hip Warrant A

RE:RE:RE:RE:Hip Warrant A
Charles86 wrote:
321Blastoff wrote:
Basically...the strike price on the old warrant is $1.75 and they expire in Feb of 2020 and the new warrants have a strike price of $1 and expire 5 years from now in 2023.

1$ by 2023,
lol how can I resist.  Got some at .26
Might be a bit pricey at the moment......but 2023 ! seriously unless it massivly flops and get delisted nobody is going to lose money with these warrants.


I`m new to the warrant thing but have been doing a bit of research...a few questions if I may. if I sell my 50,000 HIP shares and pile into the warrants I can end up with maybe 120,000 warrants which will entitle me to buy 120,000 HIP shares at any time for $1.00 each until 2023 regardless of what HIP is trading at ? I can sell the warrants at anytime for current market value so I can day trade them and move in and out at my discretion ? When the warrants expire in 2023 if HIP for some reason is still below $1.00, do I have to exercise them @ $1.00 regardless...when the warrants expire if your still holding them do they get paid out at current market price or become worthless ? TIA
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