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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd
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Post by Ryspen27on Oct 18, 2018 10:45am
125 Views
Post# 28826913

Warrants and Sale Exploration

Warrants and Sale ExplorationIn my opinion, this is why this thing is not moving:
https://www.bnnbloomberg.ca/tragically-hip-backed-pot-producer-newstrike-eyeing-sale-sources-1.1137485

Not sure why they would leak this information.

Question on the A warrants.  Let's say hypothetically they sell the company at $1.20 per share, do the warrants only get paid out at 20 cents based on the strike price of $1?  Wouldn't the time value go away at that point?

Any insight is appreciated.
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