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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > consolidation
View:
Post by battlemore21 on May 09, 2018 5:39pm

consolidation

at .90 cents and falling or at $10 and falling same thing at least at .90 cents if it goes up I a little I make alot if it's at $10 and it goes up I make nothing.consolidation or reverse split on a stock may well come under renewed selling pressure.are you on favour of consolidation? And besides no one is buying this stock at $10 a share without something to go on. Sincerely Me
Comment by silkroad007 on May 09, 2018 6:46pm
It doesnt matter what the price of conolodation is.  These are all valued on market cap.  Shares X SP.  It only fools a fool.  A $10 stock is no more valuable than a $1.00 stock if the market cap is the same.  Seems trivial but with the amount of newbie traders the newly minted WEED and Crypo sectors has  has attracted there are plenty of fools. It would be for ...more  
Comment by silkroad007 on May 09, 2018 6:48pm
the % increase would be in kind as its all total company value.  If .90 goes up .09 you get 10%.  the 9.00 stock would go up .90 for same 10% net. same - same
Comment by Pogo3 on May 09, 2018 7:32pm
Good reason to buy warrants.
Comment by 9910LC on May 09, 2018 11:49pm
How are the warrants not affected? Or maybe why is a good reason to buy/own warrants? Thnx
Comment by jazzlistener2 on May 10, 2018 11:38am
share consoladation has always been bad for me. sell immediatly before you loose your shirt to this company.
Comment by 321Blastoff on May 10, 2018 11:43am
Or vote NO to consolidation. If you are a registered shareholder you have the right to do so.
Comment by smorgasbord on May 10, 2018 11:51am
This post has been removed in accordance with Community Policy
Comment by smorgasbord on May 10, 2018 11:55am
This post has been removed in accordance with Community Policy
Comment by flyboy27 on May 10, 2018 12:37pm
They should leave it alone.. ok to change name to Newstrike Brands.   but show some sales and production,   put the 100 mill to work, FFS!
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