RE:RE:Is HIP doing a reverse stock split ? pdcon1 wrote:
this is the shorters last resort to shorting and that's advertising a share consolidation that there is no news of and not happening . all weed stocks are on the rise now sentiment has changed , hip is loaded with cash and should worry about a takeover if share price drops more. no split
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TORONTO, May 22, 2018 -- Newstrike Resources Ltd. (TSXV:HIP) ("Newstrike" or the “Company”) announced today that all business tabled for consideration and approval at Newstrike’s Annual and Special Meeting of Shareholders (the “AGM”) held on May 22, 2018 in Toronto, were passed with approximately 99% of votes cast being in favour of: (1) the election of the Management slate of directors; (2) the appointment of DMCHL LLP as auditors of the Company; (3) the approval of a resolution affirming the Company’s stock option plan, in accordance with the requirements of the TSX Venture Exchange;
(4) the approval of a special resolution providing the Company’s directors with the ability - but not requirement - to consolidate the Company’s common shares at a time and in such circumstances as may be later determined; and (5) the approval of a special resolution to change the Company’s name to “Newstrike Brands Ltd.”. Details of the business conducted at the AGM may be found in the Company’s Information Circular, dated April 23, 2018
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It's important to be literate.
Disclosure : Very, very long HIP.