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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 by User

Post by gr8shoton Jan 17, 2018 2:08pm
250 Views
Post# 27378454

CMed Lifeline....

CMed Lifeline....So I see the Newstrike shareholders voted yes - geez what a shocker!!! Considering the SP is about 5-6x overvalued (still) you have ZERO revenues and not enough money to finish any existing project or expansion and here comes CMed throwing the "lifeline".....if and when they partner with the HIP I imagine the valuation will come back down to earth. I'm sure every single shareholder sold when it hit $1 then $2 then $3 - anyone left holding the bag is greedy!! In my 20 years+ of investing I have never ever seen a company increase the SP the way the HIP did with absolutely nothing but dry bud!! Full disclosure I am one of the biggest HIP fans in Canada (the band), however I will wait till it goes back to .50 -.60 cents before even looking at it again.
GLTA
gr8shot
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