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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 silkroad007on Jul 17, 2018 1:46pm
42 Views
Post# 28327977

RE:RE:RE:Inventory

RE:RE:RE:InventoryIf you have ever managed a project in your life you would understand.  Its normal to be optomitic and say we "plan" "hope to" etc with start dates.  Schedules slip, procurment issues, permits etc.  Bigger the project the more risk in delays.  Now as time goes on and risk decreases because its nearly done he says Auguest.  The answer you should be taking is SOON.  I work in Oil and Gas and this is 100% normal and common.  They are not going to update you everytime something gets re base lined or minor delayed.  That just adding gasoline to the tire fire that is happening now across teh sector.  Largley due to short manipulation and inexpereinced retail that didn't even know what a trading account was 2 years ago.

Stop taking forward statements as hard fact.  Your are on the venture after all.

TruthAboutHip wrote: Yeah well Jay Wilgar stated that in an interview but when they released the actual financials it was a different story. In fact they declared only half as much inventory in the financials as he had originally stated during the interview. So I can totally imagine why people aren't buying at this price. They have no confidence left. Did you also know that HIP had stated in their April NR that they would begin cultivating at the Niagara facility in April. Now compare that information with the latest PR piece here on Stockhouse which states that they hope to be finished the retrofit and start cultivation in August. Now tell me why I shouldn't be concerned and why I should be funnelling yet more money into this company ?


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