Newstrike Brands Ltd NWKRF

Feedback and Comments on Upcoming Vote

[quinlash]

Ok, so I have had some back and forth with NewStrike IR. They have yet to respond to my last email looking to clarify the what would happen under a specific scenario however they did confirm that votes not cast would not be counted.

Another important note that was eluded to is that ONLY holders of common voting shares can actually vote.  Any of your holdings of warrants will not be counted in the vote, this is the nature of warrants.  If you hold a mix of both Common Voting Shares (what we trade here @ apx 54 cents today) you can only vote with the shares, again, warrants do not count in a vote.
 
Here’s MY INTERPUTATION of the response, this is NOT part of the response from HIP IR;

The vote will be decided by votes cast, therefore there will be a requirement for a minimum of 66 2/3 votes in favor of the merger for the merger to proceed therefore it is IMPORTANT TO VOTE regardless if you are FOR or AGAINST the deal proposed.

The deal also requires a simple majority of votes in favor of the deal proceeding from those attending the special meeting.  Again, it is important to be involved here and to cast your vote, whichever way you may want this to go.

Disinterested Shareholders simply refers to shareholders that are not considered Insiders, so disinterested is essentially average joes.
 
Quote

Additional Transaction Details

The Transaction will require approval by (i) at least 66 2/3% of the votes cast by the shareholders of Newstrike; and (ii) a simple majority of the votes cast by disinterested shareholders of Newstrike, present at a special meeting of Newstrike shareholders.  HEXO has entered into irrevocable hard voting support agreements with each of Newstrike’s directors and officers, along with certain other shareholders of Newstrike, representing in aggregate approximately 25% of Newstrike's issued and outstanding common shares.


Supporting Link:

https://stockhouse.com/companies/bullboard/t.hexo/hydropothecary-corp-ord?postid=29477250

[Bigbaboon]

Feels good to be vindicated ;), thx quin

[quinlash]

Ya, ya, ya :) good example of not believing everything you read on the boards and the importance of checking for yourself..

[mozzarella]

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[quinlash]

Mozz, I did not specifically ask is there was a special clause.  The question I did not get a response to was in regards to what would happen under a scenario where there was a minimum level of votes cast.  I'm pretty sure the man answered my question, I really don't want to go back yet again and ask about a special clause.  If you have a link to share then I would go back

[mozzarella]

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[flyboy27]

[flyboy27]

one more time without spelling issues. --Mozza buddy   they dont need to send forms back...or mail anything.. You can vote online on website Votebyproxi   there is instructions on the voting package, or there will be..

[mozzarella]

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[flyboy27]

I am ok, all things considered..  Also  what T F. is with the.02-.03 cent lag behind the conversion FFS...  How about .02 or 03 cent lead on conversion!  Like I was saying HIP shareholders deserve a little sniff of the powder here..   JMO

[mozzarella]

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[Bigbaboon]

Zzzzzzzzzzz...

[Bigbaboon]

Lol mozzy, the more you try to hide your lack of experience, the more it tends to show....

[quinlash]

Hey Mozz, Sorry for the delay, I had to step away from the computer and take a break.  Anyhow, I did ask if votes not cast were counted as a YES / approval for the merger.  He simply replied to say that votes not cast were not counted.  I take that to mean that, literally, they are only going to consider the votes that are sent in.  So, with this understanding, if only 100

[mozzarella]

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[Bigbaboon]

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[mozzarella]

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[quinlash]

Mozz I'm pretty sure I was beating the question to death with my emails to Dennis.  His response was that votes not cast would not be counted so anyone not responding is simply not counted.  

[mozzarella]

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[flyboy27]

Comment on Vote...   If Hexo/Hip management expect to influence this vote .  They really bring Sp to the next level... Now... let see this forward momentum,   Hip shareholders deserve to see the value in this deal!   Not f-ucking .10 cent gain from where we where brought down to.    Not massive walls put up on the ask to keep SP in check. Not cross trading, dark pools

[mozzarella]

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[Bigbaboon]

Mozzy, aren’t you tired of spreading conspiracy theories ? Jay is a shareholder himself and a large one at that. Why in hell would he go to such extent to hurt himself. Like I said earlier, you can pray for a bidding war, you can argue the deal is not fair, you can announce your intention to vote no as many times as you want, but please stop the non sense. It doesn’t add much credibility to your

[mozzarella]

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[Bigbaboon]

Always been an early bird mozzy! 1.57$ : check the date of my first hexo post (september 2017) and check hydro’s stockprice at that period. I think that’s proof enough (actually I bought my first position a few months earlier). Wanna know what’s really creepy?  a guy bragging about his girlfriend on stockhouse... perhaps its your first one? and like I said, i bought wt.a warrants in case

[JaCkSnap]

Agree completely Mozza a bidding would be nice!! (who loves ya man!)

[Bigbaboon]

Thx quin , I was wondering what part of « votes not cast will not be counted » mozzy did not understand...