Newstrike Brands Ltd NWKRF

HIP shareholders will take way more than 50% haircut

[douglasedd]

If the HIP / CMED deal goes through and Aurora walks away, CMED would be well below $20 if it weren't for the ACB $24 capped offer.

[Whitewitch]

This post has been removed in accordance with Community Policy

[stckapprentice]

exactly, we stand to lose about 50-80 percent of investment if deal goes through. Depending on what price you paid for the hip shares. if hip shares can hit 3 dollars with no revenue... imagine what they will hit WITH revenue and brand in full swing.  and where is all of this lost investor money going to go when the deal goes through? People who put in lots of money will lose 70 percent

[andrewkursa]

It's very sad how they play with this stock but it is obvious that lots of people will loose big money. Monday will be a disaster day for HIP shareholders. Thanx God I've sold all my shares. Took a little damage but it's nothing compared to what's going to happened in next few days. Iroc should investigate this company and I won't be surprised to see class action lawsuit in the

[stckapprentice]

iroc hasn't and won't do anything the tragically hip are a canadian icon.   no ones gonna mess with them or tarnish their name

[andrewkursa]

You could be right but why TH guys want to go for this Pis ofS deal instead of making more money in the very near future.

[cashcourier]

It is done deal on to the Hip side IMO. The owner of uvalux in Woodstock owns 104,000,000 shares alone that's 1/3 of HIP. He is set to receive 3.35 million shares of Cmed more than the current CEO. I think ACB had something to do with his spike or rumors of another offer. If you paid $3.00 you don't get to vote. The price of HIP was around. 53 cents when the deal was announced . The