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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 > Thoughts on Financials?
View:
Post by TheHuck on Aug 09, 2018 5:45pm

Thoughts on Financials?

Obviously with no medical sales there’s no income to be expected, question is whether their expenses are reasonable, and some tangible numbers on inventory. Filing not yet on SEDAR.
Comment by Buggered123 on Aug 09, 2018 6:36pm
I’m glad my order at .48 didn’t get filled today.  Mathis thing is going down like a stone tomorrow. 
Comment by Ggeeman on Aug 09, 2018 6:40pm
very peculiar character you are
Comment by itsallgame on Aug 09, 2018 6:53pm
Nothing new in this report,all loss due to capital expenditures, to me its a good statement with alot of cash in the bank and weed to sell in Oct. Perfect for one cent everyday until euphoria sets in and we all get rich. $$$$ 
Comment by TheFuture1 on Aug 09, 2018 7:08pm
This post has been removed in accordance with Community Policy
Comment by quinlash on Aug 10, 2018 11:43am
I read it as a fairly positive report.  Inventory and cash is up, loss per share is more or less on par with last year.  Overall i would say that it affirms the approach being taken by management.  Should provide some asssurance to anyone considering HIP as an investment. If we are to expect any big movement before Oct we will need to see something regarding international ...more  
Comment by flyboy27 on Aug 09, 2018 7:00pm
here is the link if you missed it     https://markets.businessinsider.com/news/stocks/newstrike-brands-ltd-announces-second-quarter-2018-results-1027448299  
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