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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 > Hip action
View:
Post by lewybdzay on Jan 18, 2018 1:41pm

Hip action

I don’t understand why anyone would want this over a buck...
correct me if I’m wrong...
if acb takes over cmed... and cmed takes over hip
acb shares are approx 4.2 to 1 cmed share
hip shares will be worth .033 for 1 Cannimed share (27.42)
my math puts a hip share worth about 92 cents...

What am I missing? ... or am I out to lunch with my figures
Comment by WeedMadeMeRICH on Jan 18, 2018 1:43pm
This post has been removed in accordance with Community Policy
Comment by lewybdzay on Jan 18, 2018 1:49pm
Dam.. I didn’t pay enough attention to Newstrike  thanks
Comment by Underwhelmed on Jan 18, 2018 1:43pm
when ACB takes over CMED. the CMED deal with HIP is off the table essentially. So people are now buying like crazy because of the $9 million owed to HIP and maybe another buyer will attempt to take over HIP
Comment by londonsate on Jan 18, 2018 1:44pm
You have to remeber 1=0.033 deal was done before HIP has  few good news, plus whole weed sector was Up lot since then.