Post by
TruthAboutHip on Aug 03, 2018 4:54pm
This is why I never get too excited.
I would have liked it better if the SP continued to climb but it basically went right back to where it was. So..."Baystreet", this is why your naive predictions won't cut it. I appreciate that you and others want to be HIP cheerleaders but the team isn't doing it's part. What is necessary is work on the part of the company to develop and grow in earnest.
Nothing has happened of any value on a physical level for 6 months. Remember, Niagara was purchased in January. The retrofit according to an April NR was finished in that same month and cultivation would also begin imminently. Then we get the more recent PR stunt which said that the retrofit was almost finished and cultivation would begin in August. WTF ? That is an entire crop lost !
Newstrike has not done anything as far as I can tell except dilute the stock, spend money on new hires whose work never seems to do anything to get things moving. Instead Jay Wilgar repeats himself endlessly and makes vague references to a "plan". Doesn't anyone else here see that the "plan" has nothing to do with growing and processing cannabis. It is just a financial juggling act in my opinion.
What we need right now and have needed for some time is physical action and news of the results of that action in the form of a professional NR. Where are the production facilities and the product ?
Comment by
flyboy27 on Aug 03, 2018 5:51pm
It was .43 and its now .485 so its not back where it was.... However there was suppose to be news on who, gets contracts and how they intend to do this privatization. this week, so maybe early next week.
Comment by
flyboy27 on Aug 03, 2018 9:57pm
Something more from the Ontario government regarding privatization, And Something more from Newstrike regarding other retail distribution. They may still decide to use LCBO, also the OCS outlets.....