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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 321Blastoffon May 24, 2018 9:52am
205 Views
Post# 28074519

Am I allowed to be negative today ?

Am I allowed to be negative today ?
That is about the weakest move I could have imagined. It shows a complete lack of being able to organize and utilize funding and what's worse it exposes the mess they are in. They had plenty of money to build out their new facility. Now the very same underwriters who got in at 1.32 are being given the opportunity to buy down at .75. HIP just gave all of the loyal shareholders the shaft and they will do it again soon. I can't imagine HIP coming out of this situation with anything better than a firesale sell out. Thanks Jay, great leadership.
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