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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 TruthAboutHipon Aug 02, 2018 5:58pm
175 Views
Post# 28407462

RE:IR returned my call

RE:IR returned my callI could have told you what IR would say when they got back to you. "News will be released very soon" This vague response makes you happy ? Okay well that is your privilege.

I am not sure what the next financials will be able to show for a company who has yet to sell even a single gram ? The cash amount will clearly be less as money will have been spent and none will have been made. So far inventory quotes seem to be all over the place. Why don't you ask Dennis in IR what the actual current inventory actually is and report back ? You have stated $6 million in inventory. Where did you get that number ? Jay Wilgar has already said there was $10 million in inventory 6 months ago in January. I really don't know who to believe about this, but it just doesn't seem to add up does it ?

Meanwhile, although as an investor I hope for the best, I still have little faith that any newly released financials will result in a boost of investor confidence and a sharp raise in SP. More likely just a another sobering slap in the face and more of the same. We will have to wait and see I guess.

Remember though, IR said financials will be published "in the coming few weeks". Today is August 2nd 2018. Most likely this will be the case because it is a requirement but let's see. Jay Wilgar also said that cultivation will begin in April and now again in August. Are you willing to hold him accountable to anything or are you just way too convinced by his spin and your own fantasy posting ? Maybe to start with ask some deeper questions of IR ?

Sorry to have to inject some reality into this board but reality does not equal "bashing" so dont' even go there !
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