Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis

"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."

Add To Watchlist

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > Margin call

View:

Post by Matteo1234 on Jan 12, 2018 5:38am

Margin call

Stock basically cut in half. E

141

Comment

Comment by rexinvestor on Jan 12, 2018 7:29am

Stock isn't cut in half!! They are just saying the support the deal. To me if you listen to the BNN interview with the CEO it completely makes sense doing the merger. If you read further down it leaves it open that the terms of the deal may be renegotiated. The CEO is a smart man holding shares himself as well why would the Tragically Hip announce to the world that they support the deal if it ...more

281

Comment

Comment by Luvtheleafs on Jan 12, 2018 7:37am

Excellent points Rex. I’m holding my Lincoln gold.

Comment

Comment by Soccerguy on Jan 12, 2018 7:45am

rexinvestor......I have to agree with you. I assume the ceo and others in the company have upwards of 15-20million shares each.....they would stand to lose millions in this transaction of 1000 hip shares for 33 cmed at these current levels. If you do listen to the wording there is nothing etched in stone....some of you on the board think it is a done deal.....it is not. In theory, the partnership ...more

196

Comment

Comment by KingMidasAu on Jan 12, 2018 8:10am

Exactly. No investors are going to advocate for a deal that screws them over just as much as the average shareholder. Their 7% holdings would drop to a tiny ownership of CMED, and now they can get more. If the deal was going through as stated previously they would be losing a ton of money and value themselves. Betting on revisions. Pot stock market all over is looking a bit weak this morning in PM ...more

161

Comment

Newstrike Brands Ltd