Newstrike Brands Ltd NWKRF

Strong vote for NO

[Investorguy1234]

It has been a week or more since the announcement and i am still scratching my head trying to figure out why we would accept a deal to be purchased at or below our market value. Most deals, if not all of them, come at a premium. 

HEXO is not a profitable company, operate in the Province of Quebec, issued 100,000,000 shares in their last quarter and will be issue god knows how many more to pay us for our solid company. 

We bring to them access to the 9 provinces and world class production facility, product recognition and also diversification. And we are getting no compensation for this goodwill. 

This leaves me to believe that existing management want to get their money out of Newstrike and cash out. None of the insiders have paid fair market for their 27% ownership and with this deal they become insignificant and can sell into the open market without disclosure. 

I truly believe that Newstrike is worth more that $0.06332 per share of Hexo and actually am very concerned that HEXO might drop in value prior to the sale date. They have no problem with dilution in order to operate.

With Newstrikes growth opportunities it should be worth north of $ 0.80 per share not $ 0.53 or .54

Please don't tell me that A + B = C + If that is the case then we should be paid for that.