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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > 5 for 1 ...?
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Comment by 321Blastoffon May 11, 2018 11:40am
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Post# 28018680

RE: 5 for 1 ...?

RE: 5 for 1 ...?Sure but it still is a dangerous move for a company that seemingly has all its ducks in a row. I would prefer a SP increase that is a natural evolution as a result of proven financials. In the 5:1 scenario the profit margin for shareholders is decreased as the power of volume is diminshed. Lastly a reverse split is not guaranteed to be successful. In fact if you do some resaerch you will find it largely fails as it indicates weakness within the company.
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