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."

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Newstrike Brands Ltd > Hip.wt Warrants

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Comment by silkroad007on Mar 14, 2019 8:34pm

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Post# 29488628

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hip.wt Warrants

reefercat is correct and this example was just a moment in time whenteh deal was made. Simple example with round numbers for simplicity.

At the end of the day its the ratio that was set. 0.06332. or inversley 15.79. Price does not matter as the intrisic value and % remain the same. Its all flow through and normalized.

Sunjam wrote:

reefercat wrote: .50 × 15 = 7.50 (hexo sp) when deal happened. .50 × 3.5(350%) = 1.75 (striking price of HIP.WT) Simple math. Not sure of your issue.

You're not sure about a few things. It's a simple transfer of warrants at a set price. This has nothing to do with the share price..