Newstrike Brands Ltd NWKRF

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"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 > ORIGINAL WARRANT CHAT NEVER ENDS

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Comment by Bigbaboonon Apr 04, 2019 10:30am

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Post# 29581661

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ORIGINAL WARRANT CHAT NEVER ENDS

Lol mozza,

what are the terms?

mozzarella wrote: Baboo hope no one gives me shet for asking yur opinion on the originals warrants but spill the beans? Point blank original warrants Sell? Buy? . .... .

Bigbaboon wrote: Hi, possible scenarios : nothing changes except that each exercized warrant will give you 0.06332 hexo shares. if your exercize 10 000 at 1$, you will pay 10 000 $ for 633 hexo share, which represents 15,79 per share (not a very good deal...)

or number of warrant is multiplied by 0.06332 and market price of warrant is divided by 0.06332, each warrant having a value of 2.37 before the first trading day of the new warrants (for indicative purpose only). Then market will decide what they are worth trading for given the new circumstances.

in the end it is not for the corporation to decide what price the new warrants will trade for.
does this make any sense?

SKL6600 wrote: I hope everyone understands how warrants work. That isn’t the isssue here with me. I just wonder what the HEXO price will be set at for warrants on the day of conversion. Let’s say you have a 100000 A warrants right now. They are worth $15000 but after the conversion you will only have 6332 warrants which at .15 cents is only worth $950. That doesn’t add up at all and would take you years to just recoup your initial investment and you probably never would. Thoughts?