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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 Olive777oil on May 22, 2018 9:25pm

Consolidation

I guess that they will wait for a good news to consolidate the shares. That would just make sense to wait for the SP higher to do so. I trust the management to do it in favor of the shareholders.
Comment by Dmitriy on May 22, 2018 10:25pm
The majority voted in favor of consolidation (proxies and who was present in person in AGM). This gives right to board to implement it if necessary but without timeframe. So, it may not happen tomorrow or in the next month, or at all. Given the fact that Q1 results will go next week and smile on Jay face and additional focus in different provinces...we should expect good uptrend.
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