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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 mathandmasson Jun 25, 2018 12:47pm
158 Views
Post# 28224645

I know you are waiting to get out, but let's be clear

I know you are waiting to get out, but let's be clear

Gentlement,

This has been a very lazy stock due to lack of any serious business activity within the company.
Since the government pushed the sales back again to mid October, you won't be able to pull out at the very least until the end of September - with 4 months to go the optimism in the sector won't last. So everything will continue to tank slowly and boringly. It's a fact.

Now, retail investors are all but bled to death already. They won't be able to keep buying. Most are sitting on losses (and you can thank government for that - this was the longest runup ever to get a basic thing done). With bill finally passed, over the next 4 months institutional investors will start going in (it's a shame they will be getting in at much lower than you did - but hey, once again, thank Canadian politics).

So in the light of that, there are only 2 things you can do for the next 4 months - nudge Jay Wilgar, so he does not sleep too tight. And get the message out to Ford that we want normal, non-monopolized retail in Ontario, like in the other provinces. Or both.

This is much more productive than leaving emo messages here on this board. If the stars allign in a certain way there is a possibility that there will be a buyer for this company or at least an institutional investor that won't take sitting on a rainbow and writing songs as a legitimate business development activity. They do have assets that are worth something. It's just that everybody around those assets needs to be fired.

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