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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

View:
Post by dangerousgoods1 on Mar 13, 2019 8:56am

Warrants

What happens to the warrants?!
Comment by nomnom on Mar 13, 2019 8:57am
They r worthless now
Comment by Billzare on Mar 13, 2019 8:58am
Should be converted into HEXO warrants. 
Comment by TennisStar on Mar 13, 2019 9:03am
nomnom is a tool. dumbest guy here. I've already spoken to IR about warrants, they will be converted using an appropriate calculation. All strike dates will REMAIN (no change). More details will follow in the circulation they mail out to shareholders/warrantholders.  nomnom...don't be dumb.  use your head.
Comment by dangerousgoods1 on Mar 13, 2019 9:08am
Thank you for an intelligent reply, nomnom represents the reason I rarely use this forum anymore...again thanks TennisStar
Comment by KingMidasAu on Mar 13, 2019 9:12am
This is 100% true. They are buying the whole company and all convertible debt and warrants. They will be converted over. I will probably be a buyer today, get a bigger chunk of hexo later
Comment by TennisStar on Mar 13, 2019 9:15am
This will go to it's purchase price shortly....short interest will disolve (HIP has significant short interest).  Likely see a bump over purchase price too and perhaps a fall back, as usually happens...timing is everything...or HIP continues to run a bit. hmmmmm
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