Newstrike Brands Ltd NWKRF

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

[Bigbaboon]

Agreed, with or without the deal, they are going down the drain...

mozzarella wrote: Interesting situation. Strike price for originals is $1.75 ends Feb. If the hexo deal goes through deadline of originals stay the same. But when and if the Hexo deal even goes through when it does throw the $1.75 away off the cliff. Now i see why this thread can go on and on and on like the ever ready BUNNY! . .... .

quinlash wrote: Originals are selling below where we were prior to hexo coming in and the sp was .45. They are worth doing some DD on JMHO

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?