Newstrike Brands Ltd NWKRF

offer

[cashcourier]

I think it will be 900 Hip for 100 ACB or 9 for 1 900 x 1.47=$1323.00  100 x $13.48= $1348.00

[TooMuchInvested]

Now why would a offer 1.47/share when they know that 90%+ voted yes to a valuation of around $0.90? Speaking as an individual whom wrote up a business plan for a 20000sqft facility, Hip is worth maybe $250mn on expected free cash flow on 10 years and 20% discount rate. I would love to know why Hippocrates worth more than $0.90.

[cashcourier]

I'm thinking that ACB will have to offer Cannimed around $44.00 to $46.00 per share because I personaly won't take less than 3 ACB for 1 Cannimed which at todays price gives me $40.44 . Hip is currently at $1.15 with the .033 conversion and it tied to Cannimed's price.  Remember the vote is only postponed for 2 days and Cannimed is not going to let Hip walk away. As the guy on Bnn