OTCPK:NWKRF - Post by User
Comment by
Greenshooeson Mar 13, 2019 8:57pm
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Post# 29482736
RE:How does this all work..
RE:How does this all work..The Hip shares 0.0633 per share @7.40 price of Hexo share. It will be proportionate to Hexo shares. Sometimes these things at signing. An example is if hip goes to a dollar, it would have to be renegotiated some. Our deal with Hexo is contingent always until voting and final signing agreements. 0.0633 hip shares equals 0.47. One of your shares is valued at .47 give or take a penny in this deal. What people on here don’t like is we got no premium for the deal which means all the people waiting got little like 4% according to BNN. BNN said Hexo got us at a discount. My opinion is that Jay was a little excited to partner with Hexo and realizes mergers and acquisitions are certain to happen. That was there whole plan,create value and sell. I hope Hexo is a good company if we do end up their..