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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

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Post by JohnOfAllTrades on Mar 06, 2019 8:24am

7 or 8?

Has anyone found anything on the 8th provincial supply agreement? I really don’t want to think jay messed up so many times on the podcast but where is this news? It just concerns me if he’s fumbling with such easy numbers what other numbers has he said that may be wrong also? I’m hoping for a good q4 like everyone else but I also don’t want to be shocked if the numbers aren’t adding up to all jay has previously stated.
Comment by 1worker on Mar 06, 2019 8:36am
Hey guys sorry that I come in here and say weird stuff but I watched something last night and has something to do with the 8 point star. Just feel like all this stuff has meaning. Let me know if I'm bothering you guys I'll stop sorry
Comment by quinlash on Mar 06, 2019 8:36am
I was re checking things last night and didn't find anything regarding an 8th. Not sure why Jay kept saying that in the interview
Comment by JohnOfAllTrades on Mar 06, 2019 8:44am
I’ve checked the website hoping they slipped it in there somewhere like they did with the updated capacity but it still states only 7 provincial agreements. I also worry about the true capacity of our Niagara facility, in Jays Midas letter interview from July he states 30,000+ kilograms fully operational. I understand he says 30,000+ but 10,000kg is a fairly big jump no? Also states “several ...more  
Comment by quinlash on Mar 06, 2019 8:54am
I have been using that 3000kg number in my sales calculations so I'm hoping be didn't screw that one up. They're not doing a great job at communicating, no one will agrue that. After reading over things last night it became clearer as to why there are so many different numbers being thrown around on everything. I have the impression from Jay that his capacity numbers are based on ...more  
Comment by JohnOfAllTrades on Mar 06, 2019 9:11am
I’m hoping he didn’t either, scares me though with the lack of updates.. what are they trying to hide?Jay acts confused as to why the SP is so low, laughs about the concerned share holders and says the stage 1 completion didn’t justify a NR but then puts out bullshit news about UP hubs and new management? We have news to announce, I’m not saying to put out a bunch of bullshit fluff to run the SP ...more  
Comment by quinlash on Mar 06, 2019 9:21am
Not everything is a conspiracy, likely no intention to hide anything, just his management style. He laughed at the fall in SP as if it totally unjustified, at least that's how i seen it. Agree that phase 1 was a better use of an NR over that hub thing... tangible news vs fluff IMO
Comment by SlangEditor00 on Mar 06, 2019 9:25am
Jackofnotrades. Please you sound so desperate it is annoying! Stop worring so much. Jay Wilgar built companies before. He knows what he is doing. This obsessive whining from all these people who don't have a clue about managing a billion dollar company it also very annoying. Having UP lounges and owning 10% of Innerspirit is not BS. At least keep it real. ISH will have 100 stores in Ontario ...more  
Comment by JohnOfAllTrades on Mar 06, 2019 9:45am
I am stating facts based on what Jay has said. I am looking for answers and to make money aren’t you? Being a business owner as well, albeit not a billion dollar company I would know my numbers better when being questioned. Yes he may be trying to avoid exact numbers but without putting any news out into the open how are potential investors going to know? Most shareholders are confused still ...more  
Comment by EagerBeaver1972 on Mar 06, 2019 9:48am
Also don’t forget that deal with that lab that makes oil. Hip will be selling them the waste so that they can make byproducts. Another revenue stream
Comment by EagerBeaver1972 on Mar 06, 2019 9:46am
Some of that 3000 would have been shipped pre-oct 1, but Q3 sales were low so I was using 2500 kg pregrown for Q4. so Q4 would be 2500 plus whatever they had ready in Q4. I used 12500/4, so my Q4 estimate was around 5000-5500 sold. I think some posters are getting confused between capacity and production. Capacity is what you can produce (potential) in a given year, where production is what is ...more  
Comment by quinlash on Mar 06, 2019 11:12am
I used the 3000kg plus 2500/4 for product produced and sold during QTR at $6 / gram. It's rough but i expect they sold virtually everything once legalization kicked in.
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