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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 VeritasVernon May 28, 2018 2:36pm
58 Views
Post# 28089760

RE:RE:Some stats to illustrate for the idiots

RE:RE:Some stats to illustrate for the idiotsClearly Wilgar is a failure in terms of strategy and raising funds. If they have enough cash on hand for the next 3-6 months I fail to see why there is a need for the current 60 million unit financing at $0.75 especially at current prices. Assuming legalization in the near term and the expectation that all mj stocks will move up in tandem then one would have thought they could do a financing three months from now at $1.3-1.5 range. Makes me wonder if the latest round of financing is to grease some palms for those buying the latest offering.
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