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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 > Reverse Split
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Post by Shelly6600 on Jul 07, 2018 11:52am

Reverse Split

I am also very interested in this topic. I can’t find much information on what happens to warrants either. I am guessing if the warrants don’t do the reverse split which it seems then it can only be positive. The only thing we will have to watch for is that they might trigger the call back of warrants after 10 days of being above $1.75.
Comment by OSKARtheRED on Jul 07, 2018 12:25pm
This post has been removed in accordance with Community Policy
Comment by 11runner11 on Jul 07, 2018 12:33pm
Not sure if I totally right but from what I have read. If there is a 10-1 split, 10 warrants will be worth one share but they do gain valve as they are close to or at the exercise value...
Comment by 11runner11 on Jul 07, 2018 12:44pm
If you go to Canadianwarrants.com and look at the chart. For eg. hsm.to went throw a 5-1 split and the share price is now 12ish and the exercise price is 1.50... there value is 2.21 but in the column for warrants for share is 5 warrants is exchangeable for 1 share... hope this helps
Comment by Biomed4077 on Jul 07, 2018 2:24pm
They are also reverse split 
Comment by itsallgame on Jul 07, 2018 3:24pm
When they do the reverse split ,it will create the spin off for Hip,then we get a new buyer,we all get rich ,YEAH !!!