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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 > My old warrant question revisited
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Post by 321Blastoff on May 31, 2018 11:39pm

My old warrant question revisited

I had suggested previously that if the investors buy in to this company and part of the deal includes warrants, who makes money from the sale of those warrants when they are eventually publicly traded.

I was laughed at by JJ who stated that the warrants belong to Newstrike and they will benefit financially and then largely ignored by others.

That is fine however the question still remains who makes money from the sale of a warrant ?

Let's look at this scenario. Imagine that you bought 10 warrants today for .09 cents and were able to sell them tomorrow for .20 cents. Who pockets the profit ? It seems pretty clear to me that the owner of the warrant has made .11 cents per warrant. The company only can benefit if the warrant is exercised.

So now let's look at both bought deals. Both of these deals allow the investors to make money by selling warrants to the public. They got them for free and you are paying money for them. Who is pocketting the profit ? If your answer is Newstrike then I give up.
Comment by mmjgaadzilla on Jun 01, 2018 12:44am
This post has been removed in accordance with Community Policy
Comment by Yskoorb on Jun 01, 2018 12:48am
This post has been removed in accordance with Community Policy
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