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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

Comment by Theloniouson May 17, 2018 12:21pm
24 Views
Post# 28046344

RE:RE:RE:RE:Split Examples

RE:RE:RE:RE:Split Examplesyes I've looked into it.  it all depends on the motivation for the reverse split.  it works out for some and not for others.  the main thing is how the business is doing.   lots do it so that they can maintain their listing.  their stock is going down because the company is bad anyways, probably would have kept going down regardless.    JJ posted some examples where it worked out.  maybe they reverse split for other reasons and the business was doing well or they were doing poorly and managed to reverse themselves.   

if you look at HIP, there is so much potential, who knows what will happen in the future but they've got lps, funds and lots of potential.    

basically you can't just say hey reverse split is bad.    I wish I could go to the meeting and ask them about it.   hopefully JJ can fill us in 
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