Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Ggeemanon Feb 23, 2019 1:05pm
141 Views
Post# 29404162

There is nothing wrong with share consolidation

There is nothing wrong with share consolidation
you don't want it do it to save yourself from being delisted ,but it's ok to roll back shares. The problems is that this sector is filled with amateur investors or beginners , and they don't understand the difference so they live in fear . Here is what I'm thinking always....will NEWSTRIKE management look after their original warrants holders ??? Will they push for them to be in the money , or will they let them all expire worthless !!?! I'm perplexed and anxiously waiting to find out. I think EMC rallied the month before their warrants were set to expire making them all in the money , so anything is possible I guess . My theory is that management figured marijuana was being legalized before july in 2018 when they issued those originals in Feb 2018 , and that the government was going to roll out brick and mortar stores . This huge failure and delay ( coupled with summer lull ) destroyed the sp of the majority of the sector , sending hips warrants into the abyss . I believe that this is why they came up with the more attractive warrants with no acceleration clause and 5 yr expiry . Management wants to reward it's investors , but have been getting unlucky ever since the ACB fiasco . I have faith that this year NEWSTRIKE will either get bought out , or partner up with a big corporation. They have so much more to offer than many of the no names out there claiming to have marijuana for sale . We all forget even the fact that they have prime real estate in Ontario, and that they are partner's with the tragically hip ; a band with so much respect amongst Canadians . They are not the faces , but investors as well . Having 7 distribution agreements with the Canadian government is a huge feat , and make no mistake, they will sell their bud forever through these channels without issues. When oils and edibles come in, this thing will have a license to print cash. They don't do a great job at showing their true value , but they 100 percent are undervalued. Just the fact also that they are partnered with fire and flower. This is like a hidden fact from the public and it totally perplexes me as to why they are so hush about it. It's written in their investors presentation in small print !!! Hold tight longs , our day is coming . Like mozzarella said , one day you can wake up to what may seem like a dream , and see 2 plus in your account.
<< Previous
Bullboard Posts
Next >>