Post by
KingMidasAu on Jan 24, 2018 12:08pm
Bloomberg saying we actually get $14.1mil
WHAT NICE PAYDAY!https://www.bloomberg.com/news/articles/2018-01-24/marijuana-growers-aurora-cannimed-said-to-reach-deal-on-merger
Comment by
KingMidasAu on Jan 24, 2018 12:10pm
sorry been gone all morning, forgot to thank the panic sellers for the $1.40 and $1.42s I got :) adding to that pile.
Comment by
Swampcat27 on Jan 24, 2018 12:16pm
welcome back... yes i read the same thing... 14 mil will build a nice big shiny castle...
Comment by
Swampcat27 on Jan 24, 2018 12:18pm
annnnd i believe they are investing it towards shares.. i believe
Comment by
KingMidasAu on Jan 24, 2018 12:20pm
Thank ya!Definitely a shiny castle. Fully pays for the expansion build out and we have more remaining to expand more or look to buy another green house that's already built. Good times ahead. Rough flat, down market anyway.
Comment by
acedabjuly2018 on Jan 24, 2018 12:17pm
https://www.marketwired.com/press-release/-2244997.htm Straight off their website. Newstrike to Receive $14.1 Million and Strengthen Balance Sheet with Debt Conversion Following Termination of Arrangement Agreement
Comment by
keepitrealhomie on Jan 24, 2018 12:32pm
wont this cause masssive dilution?
Comment by
10diamonds on Jan 24, 2018 12:36pm
Dilution ..?? they got cash my friend its considers as revenue or equal too
Comment by
keepitrealhomie on Jan 24, 2018 1:02pm
im talking about the coversion of the debenture and the acceleration of the warrants.
Comment by
Jul2017 on Jan 24, 2018 12:59pm
it looks like Newstrike is better off now ;-)