Newstrike Brands Ltd NWKRF

CMED to HIP Ratio

[ffjaydee]

HIP owners will receive 33 shares of CMED for every 1000 HIP shares owned. That is the conversion in the news release. CMED at $20 per share works out to $.60 for every HIP share

[TheWoodi]

20 CMED = .66 HIP. Using current SP, HIP (0.63) would be converted to 19.09 CMED. That is a premium of 0.52 (CMED currently 19.61) or 2.7%. 

[funtimes]

Just bought some HIP the other day before realizing the premium. Not sure I like it very much because 1 HIP can never be worth more than .033 CMED.  CMED is currently 19.54 (took a bit of a hit so far today) so that works out to .64 cents.  Yeah that is a bit of a premium, not much. You could make 4$ on a $1000 investment, borring.  Even worse if CMED takes too big of a hit, we