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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 > Should we really Worry?
View:
Post by chizzles on May 11, 2018 10:41am

Should we really Worry?

Reading here, looks like enough of you are selling..not sure if that is a good idea at $0.90.

From the News Release on May 8th, just three days ago:

In connection with Jason's appointment, he has been granted 2.1 million options with an exercise price of $1 and vesting over two years in accordance with Newstrike's option plan.


Jason Redma was just apponted CFO, and recieved 2.1 million options at $1.00, three days ago.

Should you really be selling at $0.90?
Comment by 321Blastoff on May 11, 2018 11:00am
Well to my mind. These are incentive options he can exercise if things go well but I doubt they are a replacement for his salary. In his case if things go well he can also do better. If not he still gets his salary. Our shares and options were purchased by ourselves at whatever rates we decided were prudent. The make or break of this company is much more on the shoulders of the actual investor ...more  
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