Newstrike Brands Ltd NWKRF

LOAD UP ON CMED TRAIN BEFORE ITS TOO LATE

[WarrenBuffettt]

As you all know the ACB/CMED merger is on the way.

The merger gives CMED shareholders 3.4 ACB shares per CMED share OR $5.70 cash plus 2.4 ACB shares per CMED share.

https://www.cannimedtherapeutics.com/investors/news/news-details/2018/Aurora-Cannabis-and-CanniMed-Therapeutics-Agree-to-Terms-on-Friendly-Transaction/default.aspx


"Under the New Offer, CanniMed shareholders may receive in respect of each CanniMed share, 3.40 Aurora shares or a combination of cash and shares at the election of each CanniMed Shareholder, subject to pro-ration with the maximum aggregate cash consideration of $140 million. Based on an implied Aurora share price of $12.65 and the 3.40 exchange ratio, the New Offer would equate to $43.00, representing a 181% premium over the closing price of CanniMed Shares on November 14, 2017, the last day prior to the public disclosure of Aurora’s intention to pursue a combination with CanniMed, and a 79% increase to the previous offer Cap Price of $24.00.

The total consideration for CanniMed under the New Offer is approximately $1.1 billion based on Aurora’s implied share price of $12.65. The maximum amount of cash available under the amended offer will be $140 million, and the number of Aurora shares to be issued will be between approximately 72 million (assuming full cash elections) and 84 million (assuming full share elections and no cash elections). Assuming maximum cash elections, each CanniMed shareholder would receive $5.70 in cash and 2.9493 Aurora shares."

To confirm I just got off the phone with investor realtions of both CMED and ACB
They said the conversion should happen fairly soon (could be next week)

Current Cmed price of 38.55 will give you ACB shares at $11.32 per share.

This will not last long.

Option 1.
$38.55CMED/3.4ACB= 3.4 ACB shares at $11.32

Option 2.
($38.55Cmed-$5.7Cash)/2.9ACB= 2.4 ACB shares at $11.32
Both scenarios offer a 17% discount on ACB shares
DONT MISS OUT AS THIS WONT LAST LONG

If you dont believe me call them yourself.

Their contact numbers on on their website

[mmjchef]

The concern is why are they not saying CMED shares are worth a minimum of $38.55? Because they are playing games. The value of your CMED shares will be worth whatever ACB is worth when the transition happens. For example if the value of ACB is at $8 (where they belong, at best) you will get $27.20 or $28.9. These two companies have been playing a big game to inflate there share prices. The hype

[cashcourier]

Wow!!! Why do people get bitter with a company that just gave them a pot full of money? I'm in Hip, cmed,ogi,nac and CVM oh that's medical my point is we are all here to make money!!! If ACB and cmed fall hard then so will they all so be careful what you wish for.

[mmjchef]

No not bitter. I bought CMED at $9 and sold at $45, $43 and finally the remaining today at $40.  So nothing to be bitter about merely sharing my opinion. Let’s face it most of us are making guesses and others are controlling the market. This board is to share opinions and information from there people should do their own DD then guess. Instead of trying to determine my state of mind I would

[cashcourier]

I can only look at the hard facts and the Hip is way more over inflated than both ACB and cmed and yet here we are. Now ACB at $13.29 x3.4 = $45.18 and yet you can buy cmed at 39.47 which is a discount of $5.71 so yes cmed is a buy it my mind. The deal is waiting for approval and will close soon. I'm buying more shares of Cmed and will gladly take the $5.71 gift per share. It's not often