Newstrike Brands Ltd NWKRF

RE: Mr.Truth

[TruthAboutHip]

Well since you have asked I will try to answer as clearly, honestly and positively as I can.

Initially I thought HIP would be a good investment and particularily after their recovery from the CMED deal I had more faith that they could make it in the very competitive field of cannabis production and sales.

Then they announced a move to have the right to consolidate based upon a vote which was clearly ruled by management shares. This made me, and I would have to assume other investors, a little nervous. Shortly after (2 days later) they announce a second bought deal. Well I didn't like the concept of further dilution so I asked IR if there would be dilution and they said no which was of course incorrect. I made a complaint and was simply brushed off. However, for now let's not worry about my claim.

If you go back to the charts and look at what happened to the SP as a result of these 2 NRs you will see that it is no accident that we are at the SP we currently are. I most certainly am not responsible for the decline in price nor did I want it. May 22-24 the SP declined .20 cents. This was not a universal change across the sector but specific to HIP and their NRs.

So my question to you is who do you ultimately hold responsible for these decisions ? I was against both ideas but unable, as were most individual investors, to make a difference by voting against consolidation. The 2nd bought deal was a complete surprise to most of us and un-necessary in my opinion because we already were well financed and the outstanding shares were manageable at @ 385 million.

If you believe in "the plan" then we can just part ways here because as an investor I want to know what the "plan" actually is but the management refuses to reveal anything. I have seen people post here that HIP will be successful because they are a "vertical growth" company. This is just a clipping out of HIP's NR playbook and someone has bought that and decided to put it forward as their own belief.

I would like HIP to succeed but at this point it is only because I don't want to lose money. It would have been great if I could have been positive about this stock but reality is king in my world.

We will see how this all plays out. I will not post an "I told you so" because that will not be helpful in any way. My point is that we need to hold Newstrike accountable for their decisions and lack of transparency.

Over and out.