Newstrike Brands Ltd NWKRF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Told u guys a M&A is coming

[quinlash]

Actually i just ran it again with $5.50 per gram and we're north of $20 mil in sales

quinlash wrote: It's reasonable to expect HIP sold virtually everything they had on hand along with whatever became available during the QTR. Due to the pleasures of navigating HIP's NRs to shareholders, youtube interviews etc... the challenge becomes trying to estimate what the quantities would be. Jay noted... on youtube of course... that 3000kg of product was in inventory pre legalisation so we can hopefully count on that number. Then the facilities were producing so we need to guesstimate what they turned out and what may have been lost during production and recalled. My last number was apx 650kg extra, still need to go over that yet again. Everyone should be taking a swing at that to get a picture of what the numbers could / should be. The cost per gram is a bit of a gamble and i was using apx $4 / gram for my own calculations but after seeing the averages from ACB and WEED i may revisit that with a $5 / $5.50 sell price. Keep in mind HIP likely sold the bulk of the product to the provinces so sell price may be lower (guessing). For me i would rather estimate low and be surprised by better numbers than go high and be disappointed. Net revenue will be reduced by the cost of the facility upgrades so when we see the report we need to account for those one time expenses before judging how well the company performed. Hopefully they include some footnotes in the report to save us the homework (thats a hint Jay...) So far i haven't ran anything that produced less than about 12 mil in sales, it's possible that number is low.