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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"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."

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > Question??
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Post by Mdaw94 on Jan 11, 2018 7:10pm

Question??

So if Cmeds share price is inflated today by a least 25 percent ( remember when take over first announced sp went from 15 to 21 same day) and they are offering us 89 cents of Monopoly money but we could sell for double that in cash today or even more tomorrow. Why should we consider this?And how much would the new stock price drop once ACB announces its gonna walk. Something fishy..
Comment by newday123 on Jan 11, 2018 7:17pm
I think the 1000 for 33 cmed is offered in Nov, that was when Hip was trading around 50c or so..so that makes sense, but a lot has changed since, license to increase production, license with entertainment group, that should bring the value of hip up a lot already.  I think the merger of Hip and CMED makes a lot of sense, and would be ra eally good combination, but I am really not happy with ...more  
Comment by Mdaw94 on Jan 11, 2018 8:10pm
It may may even be for 50cents offered when it was at 33. Etherway before my time. Got in around a buck too. Just wondering what's in it for us. I think this could be 7-10 by summer with cmed. Why do we have to go backwards first
Comment by acedabjuly2018 on Jan 11, 2018 10:10pm
Seems the deal between cmed/hip is a bit foggy, even through media interviews,neither ceo has stated clearly what the share exchange would be or even how it would work. Let's hope if does happen, that a new, updated share exchange will be set according to the current SP of both companies.
Comment by WeedMadeMeRICH on Jan 11, 2018 10:13pm
This post has been removed in accordance with Community Policy
Comment by Rockpaperstock on Jan 11, 2018 10:42pm
There is not enough time between now and the Jan 19th vote date for an amended vote package to be sent out to all shareholders for them to consider....as much as you and I and everyone here wants a much better deal. If you have the voter package, you have to vote on the original conditions spelled out in the Nov 17th offer. As much as all of us would want a better deal....there's no use ...more  
Comment by newday123 on Jan 11, 2018 10:43pm
well then let the vote begin and let the fate be known. does anyone know about when the results will be out?
Comment by CLitchfield on Jan 11, 2018 10:47pm
Where do I vote!
Comment by WeedMadeMeRICH on Jan 11, 2018 10:53pm
This post has been removed in accordance with Community Policy
Comment by Bagofhammers on Jan 11, 2018 7:19pm
So to clarify, if CMED is offering .89 cents on the share for HIP, why would anyone hold above .89 cents. Even the a basic math Doesn't compute.  Sorry I can't answer that. Is that info accurate?
Comment by newday123 on Jan 11, 2018 7:24pm
Yeah, I bought in too quick, didn't know that the merger deal is still pending. Without the merger deal, this stock has potential to go to $10.00 over the long term. Thought this stock is trading at a price with all information taken into account when I bought it. I guess this stock is just not trading very rationally at all. Although, there is still some hope that the merger didn't go ...more  
Comment by Brento1 on Jan 11, 2018 9:49pm
Bagofhammers. There are times in life when basic math and straight up logic are the perfect way to go.  There are people on here that say hold or buy to $2.50 or whatever and you will come out the same with the CMED merger.  Does selling out at $2.00 or $2.50 and using the $ to buy straight up on market CMED make better basic math than holding at $2.00 or $2.50 and getting merged at $0 ...more  
Comment by WeedMadeMeRICH on Jan 11, 2018 10:05pm
This post has been removed in accordance with Community Policy