Newstrike Brands Ltd NWKRF

For all whom are upset

[DSEEGS]

I don't own new strike shares but I wanted to post this to the board ..

 

Like my post an hour ago said they did this for survival plain and simple. I know most of you can't understand why they would do this but let's face facts , small cap LPS are aware that most won't be around in 5 years unless they are gobbled up or merge ...the retail long investors in this sector who gamble on small caps have/had high hopes of big returns but like others it just won't materialize .lets be real guys last year article after article came out saying small caps would merge or die soon .so why should anyone be surprised that hip joined a company with the largest government contract going .(and no I currently don't own any Hexo) . 

 

I say this with sympathy and from experience as I believed in HIkU and held many many shares wanting to be in for the long haul but got blindsided by a canopy offer . At the time it seemed down right disrespectful . This was pre constellation brands 5B injection so I felt canopy was over priced at the time and Hiku undervalued  so I wasn't pleased.( plus I owned shares of bedrocan from 2.75 ) so I didn't want all my Hiku rolled into canopy or I would've bought all canopy . But what I am saying is give Hexo a chance you might be pleasantly  surprised by what they might be able to do . Together Hexo with hip they appeal to the younger generation ( wu-tang concert Hexo sponsored .and now hip could be interesting ) . Hexo will also branch out internationally soon .simply put they aren't going anywhere.

 

As far as lawyer talks fighting this (one post said) ...or voting no don't bother .its just not worth the time and stress...most shares are held by insiders and voted yes and ppl who don't vote basically is a yes vote .so it's waste of time, energy and money ...I too had doja gear and Hiku hoodies and was not happy .pissed actually .but guess what HIKU seen the writing on the wall and took the opportunity and in hindsight I can't blame them .fyi i still rock the gear ...And since then canopy has delivered big time so give Hexo a chance ..or sell..either way don't burden yourself or stress about something you really have no control over and was told could happen all over the sector .

[nomnom]

It’s not true insiders r the major shareholders. Only 25% was locked. If we can launch an activist campaign, we will be able to back off from this deal. In the longer run it’s beneficial for the shareholders. But it’s a shitty deal to the HIP investors

[greendayyyy]

I come from the book and just saw this flight. We have just donated the business for 265 million in addition to our 100 million. Congratulations Jay the rotten. I will sell my 100,000 shares at .41 and turn the page. I really lost my time here. The good thing is that tomorrow I will have $ 50,000 to invest elsewhere. I will increase my position on EVE. This company is run by an intelligent woman

[mozzarella]

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[mozzarella]

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[DSEEGS]

it just wont get traction from the amount you would need to actually nix this ...almost everysmall cap that got gobbled up ie hiku, icc labs the bullboards were exacly like this but those mergers and aquisions happened ..you could waste your time and money but why not sell or take a hard look at hexo and keep your shares longterm. .400M expected revenue next year .

[nomnom]

I m keeping my shares, but I think with a merger like this. It’s a clear signal that the management is very incompetent and just want to get out. With a good management, this company could go pass and beyond than the this shytty deal

[MarkMuller1]

Cant argue with that. Ive said before Jay and his team never wanted to be a real company. They were actively trying to sell it even before legalization. 

[Ghostonscreen]

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[quinlash]

Hear where you are coming from but I'm not convinced HIP would not survive without a deal with their 7 provincal deals in place.  They were also approached by smaller LPs to sell product, another potential revenue stream.  Regardless, of what any investor may think (myself included) we need to wait for the 2018 Q4 report before drawing too many conclusions on how much this HEXO deal

[DSEEGS]

[mozzarella]

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[DSEEGS]

i dropped on over from canopy and trulieve board to read the reactions to a significant merger in the sector i have six figures invested in..i want to know all. 

[mozzarella]

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[DSEEGS]

 if I could I would..you could virtual kill em with the ignore button..lol

[quinlash]

No... I said nothing about what people are in at on this one.  If you say nothing about price and I buy it from you for 50% more than its worth then thats my problem.  If you tell me something is worth $2 and I buy it then you give it to someone else for $0.48 ....  Shareholders heard the CEO say 1.1B, now he is saying its' 263 M..  THATS THE KICKER, where people are in

[nomnom]

Can we file a lawsuit against Jay and the company for not act on the best interests of the shareholders?

[TennisStar]

You idiot amateur tools. Vote with your shares kid. You'll lose of course....but you could just sell and move on - what's that? you're clueless with a portfolio? awwwwww.....sux.

[mozzarella]

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[Greenshooes]

Do we know when the vote is? They will need 66.6% to vote yes...that means possibilities. Financials still have to come out at end of March 

[Ghostonscreen]

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