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.

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 > Inventory
View:
Post by TruthAboutHip on Jul 17, 2018 1:14pm

Inventory

So where are we actually at to date with regards to inventory ? This is a big question and noboby seems to be all that concerned, in fact some of you have suggsted that I am simply misinformed. Well then where do you all think that the product for the supply deals will come from ?  I think we need to be asking this sort of question right now, after all the entire concept behind this company is to grow and sell weed !

"Where is the weed ?"
Comment by zoobadoobaaa on Jul 17, 2018 1:20pm
This post has been removed in accordance with Community Policy
Comment by TruthAboutHip on Jul 17, 2018 1:32pm
Yeah well Jay Wilgar stated that in an interview but when they released the actual financials it was a different story. In fact they declared only half as much inventory in the financials as he had originally stated during the interview. So I can totally imagine why people aren't buying at this price. They have no confidence left. Did you also know that HIP had stated in their April NR that ...more  
Comment by silkroad007 on Jul 17, 2018 1:46pm
If you have ever managed a project in your life you would understand.  Its normal to be optomitic and say we "plan" "hope to" etc with start dates.  Schedules slip, procurment issues, permits etc.  Bigger the project the more risk in delays.  Now as time goes on and risk decreases because its nearly done he says Auguest.  The answer you should be taking ...more  
Comment by TruthAboutHip on Jul 17, 2018 2:44pm
Yeah well I have managed large projects and have been able to get them completed in time because there was no other option. It requires focus and hard work ! If you are happy with the NRs as they stand that's fine. I am most certainly not and therefore have some issues to take up with HIP here. You never mentioned whether it was also okay for the CEO to claim that there was double the ...more  
Comment by silkroad007 on Jul 17, 2018 2:50pm
Fair comments.  I do agree there needs to be accountability.
Comment by itsallgame on Jul 17, 2018 2:05pm
This is just my thought,I think they meant to say Phase II will start growing in Aug after the greenhouses are finished.The fans are turning right now,I did email and ask the question if live plants are growing in the original greenhouses and I just called IR waiting for a response.They would have to be the dumbest people on this planet if those greenhouses are empty.
Comment by TruthAboutHip on Jul 17, 2018 2:47pm
Okay "game" let's see what you get as a response. Just remember I was given incorrect information from IR before so I might have a hard time swallowing their reply without some absolute proof, but thanks for doing the work of inquiring.
Comment by silkroad007 on Jul 17, 2018 1:30pm
Not everyone got MOU with AB and BC etc.  Some strong companies didnt.  So by going through this process do you not think teh AB and BC governments did a little DD before they even bothered with the MOU's?  And yes I know they are not binding nor gauarnteed contracts but they are the first steps.  Basically call it a prequalification if that makes it easier for you.  ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

Dealroom for high-potential pre-IPO opportunities