Newstrike Brands Ltd NWKRF

look at bashers and misleading information for last 3 months

[baystreetguru]

first of all,
200 million shares are in ESCROW
and 
no rollback of shares

 

Newstrike Resources name change to Newstrike Brands

 

2018-07-25 20:34 ET - Change Name

 

Pursuant to a resolution passed by shareholders on May 22, 2018, the company has changed its name as follows. There is no consolidation of capital.

Effective at the opening on Friday, July 27, 2018, the common shares and common share purchase warrants of Newstrike Brands Ltd. will commence trading on the TSX Venture Exchange, and the common shares and common share purchase warrants of Newstrike Resources Ltd. will be delisted. The company is classified as an other crop farming company.

 

Capitalization:  unlimited shares with no par value, of which 552,539,185 shares are issued and outstanding

Escrow:  186,464,330 shares

Transfer agent:  TSX Trust Company

Trading symbol:  HIP (unchanged)

Cusip No.:  65250J108 (new)

Trading symbol:  HIP.WT (unchanged)

Cusip No.:  65250J116 (new)

Trading symbol:  HIP.WT.A (unchanged)

Cusip No.:  65250J124 (new)

 

© 2018 Canjex Publishing Ltd. All rights reserved.

[baystreetguru]

[Stockmoves1]

July31st along with hopefully a strong nr and we just may see that 63 sooner than later...

[baystreetguru]

[Stockmoves1]

very very valid post Baystreet.. on fear shorts got a handle on this..... the fear of a rollback.. with that out of the way and good news on the horizon the band is getting streched.... can anyone explain why shares are even trading? personally all my trades were cancelled yet i see volume

[baystreetguru]

[baystreetguru]

[baystreetguru]

[baystreetguru]

[321Blastoff]

So what are you suggesting here ? Why are there 186,464,330 million shares in escrow ? This continual posting of the same information doesn't really say much about anything. Why don't you share your speculation with the rest of us ?

[baystreetguru]

idiot go read about Escrow im not here to teach you freaking use google 

[321Blastoff]

Wow thanks for the explanation. I know what escrow is. The question is why are the shares being held in escrow ?

[baystreetguru]

Escrow and the Stock Market Stocks, especially those of public companies, are often issued in escrow. This means that while the shareholder is the real owner of the stock, he is limited in his rights to dispose of it. For example, executives who receive stock as a bonus to their compensation often have to wait for an escrow period to pass before they can sell the stock. This is used as a tactic

[londonsate]

Escrow and the Stock Market Stocks, especially those of public companies, are often issued in escrow. This means that while the shareholder is the real owner of the stock, he is limited in his rights to dispose of it. For example, executives who receive stock as a bonus to their compensation often have to wait for an escrow period to pass before they can sell the stock. This is used as a tactic

[321Blastoff]

Again I know what escrow means. What is your opinion as to why these shares are in escrow and when were they placed there and when does the escrow period pass ?

[baystreetguru]

yoo idiot call jay directly freaking moron jay should track your IP and drag you to court 

[londonsate]

Calm down buddy! It's good day for HIP, as share holders we are all happy. Lets be nice.

[321Blastoff]

"baystreet" wrote: "jay should track your IP and drag you to court" What for asking questions on a public board ? Why can't you answer a direct question ? Maybe you are up to something ?

[SMRStars]

I'm going to take a shot at this...when the stocks are in escrow the intent is to prevent the stock owner from flipping them and bailing on the company...ie HIP issues 1 billion share to me because I can see the future and that is valuable to them BUT to cover themselves (like an insurance policy) hey say you cannot sell them until you meet certain milestones, otherwise you forfeit the shares.

[321Blastoff]

That could be a scenario. Whose shares are they though ? That is a lot of shares ! I can only imagine that they are the property of the "underwriters". If this is true though then why not make that clear in the prospectus ? Perhaps it is there somewhere ? If they are being held because of an impending deal that is another thing. My point is we don't know anything more than there are

[SMRStars]

On September 20, 2016, the Company completed a non-brokered private placement of 20,000,000 units at a price of $0.05 per unit to raise aggregate gross proceeds of $1,000,000. Each unit consisted of one common share and one share purchase warrant which entitled the holder to acquire one additional common share of Newstrike at $0.075 for a period expiring on September 21, 2021. As at June 30, 2017,

[AceUpNDown]

i see ur still at it lol

[SlipperySmitty]

“Shares in a publicly-traded company held by a third party on behalf of two parties to a transaction until certain conditions are filled. For example, a third party may hold escrowed sharesthat a potential acquiring company placed as the equivalent of earnest money for the target company”

[321Blastoff]

Wow. My very simple question has never really been answered except by definitions of what escrow is. Perhaps I can try again by asking the question why not what ? Why are these shares in escrow ? No one apparently knows, and so to make this declaration as though it is specific news in itself to me just smacks of either sheer ignorance or a desire to manipulate. Care to enlighten us guru ?

[FXtheknob]

We can assume that the escrow is the brokerage company you hold your shares. The term escrow likely refers to options granted and the warrants which are technically not shares yet.

[baystreetguru]

[baystreetguru]

[baystreetguru]

[baystreetguru]

[baystreetguru]

[baystreetguru]

[baystreetguru]

[baystreetguru]

[VeritasVern]

Escrow just means that the shares were sold to a third party but they are not free-trading yet. So nothing is any different than it was yesterday or earlier this week...

[VeritasVern]

rather - shares were bought but there is a trade restriction and held in escrow. Escrow would be your brokerage company - third party. So when the shares are free-trading then there is usually additional supply and selling pressure.

[baystreetguru]

[baystreetguru]

[baystreetguru]

[321Blastoff]

Someone should physically check in on "baystreet" I think he has possibly had some sort of episode ! What if it is a desperate cry for help and we are all just thinking he has a serious case of OCD ?

[321Blastoff]

Baystreet, was that a yes that you are in need of help ? Post the same thing twice in a row for YES and no response for NO and I will get Jay to trace your IP and send someone in to rescue you. May you be well !

[SMRStars]

Detailed Quote from TSX shows Escrow shares at 0 Open: 0.415 High: 0.455 Net Shares: 552,539,185 Beta: -3.767041 Prev. Close

[321Blastoff]

That is what I see too ? What is this escrow claim all about then ?

[baystreetguru]