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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 > Can anyone tell me if they are out of money right now ?
View:
Post by londonsate on May 24, 2018 10:06am

Can anyone tell me if they are out of money right now ?

Is it real that they are out of money with out this deal?  THX
Comment by Islandboy on May 24, 2018 10:11am
This post has been removed in accordance with Community Policy
Comment by keepitrealhomie on May 24, 2018 10:18am
The share were bought from the teasury. So does that mean no new share issuance? I dont think people have fully digested this news. 
Comment by llXONICll on May 24, 2018 10:21am
It's from the shares they are holding. No issuance, but they are evidently in a position they would like to hold less of the company for more liquid.
Comment by londonsate on May 24, 2018 10:25am
thanks all, I appreciate your explanations,  I'm deep under water, don't know if I should cut loss. terrible day !
Comment by llXONICll on May 24, 2018 10:28am
At this point you pretty much (depending on your losses) may as well just hold on and close your eyes. Next time use a stop loss.
Comment by smorgasbord on May 24, 2018 10:34am
This post has been removed in accordance with Community Policy
Comment by keepitrealhomie on May 24, 2018 10:42am
WONDERFUL! To anyone thinking of selling now (cant understand why someone would be unloaded so much here), now is literally the worst time to sell. We are weeks away from one of the most historical moments in our history. Btw, hip has over $10 million in weed ready for sale. 
Comment by 321Blastoff on May 24, 2018 10:11am
There was an accounting I read somewhere, likely Sedar, about how the money from the first private placement was being allocated. It seemed to show if I remember correctly that there was money left over after the building and equipment and other costs were utilized. However the glossy vanity publication of late states that they have under 1 million in cash. Maybe you ought to ask the company for ...more  
Comment by smorgasbord on May 24, 2018 10:20am
This post has been removed in accordance with Community Policy
Comment by 321Blastoff on May 24, 2018 10:23am
Thanks for your confidence in me but I will pass on that mission. The pot didn't need stirring, it was already stirring itself. All I did was point it out.
Comment by smorgasbord on May 24, 2018 10:31am
This post has been removed in accordance with Community Policy
Comment by 321Blastoff on May 24, 2018 10:37am
I think the first time I responded to your inane comments I said something to the effect of... "You sir are laughable..."  In retrospect I think it was spot on. Now I will put you on ignore as I see that you are the one in fact who has nothing to offer except below average trolling abilities. Adios.
Comment by smorgasbord on May 24, 2018 10:45am
This post has been removed in accordance with Community Policy
Comment by PhDcanuck on May 24, 2018 10:11am
Nah; THEY have lots; we have none as shareholders............................... sorry, bad joke.
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