Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis

"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."

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Newstrike Brands Ltd > No movement

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Post by stockhorse10 on Mar 12, 2019 6:41pm

No movement

I sold off my sharers in August around .70 a share and thought of check on this stock again seeing i haven't done so since i sold..what is going on with this thing? It's stagnating.. Has there been any movement or positive NR since i sold?..i can't believe this is only trading at .45

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Comment by quinlash on Mar 12, 2019 10:33pm

The website was cleaned up and they disclosed a much higher capacity number. Under products they state that they are activity seeking deal to go to market with infused drink offering in oct. Phase 1 of the new facility was completed but we were not graced with an NR on it. Mixed messages regarding the status of phase 1 as to when they started putting in plants but latest date is jan. Mixed ...more

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Comment by SlangEditor00 on Mar 12, 2019 10:41pm

Quin - you almost had a perfect day lol. Why would you be angry about a PR concerning a store opening that features UP as it's star product? Not to mention it is the hometown of one of the major shareholders. It will probably net a mil in sales - pure spec on my part lol. Can you be mad about the lack of PR and be mad at the same time when they do a PR? Always enjoy your comments and ...more

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Comment by quinlash on Mar 12, 2019 10:52pm

The NR would have been fine if they had bothered to do one on phase 1 completion, IMO phase 1 being completed and plants going in is more significant than some booth thing... don't worry, I'll get over it... eventually... lol

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Comment by EagerBeaver1972 on Mar 12, 2019 10:56pm

100% agree. They made a big deal about stage 1 and stage 2 last year, and then suddenly combine the expansions. After months of bragging about stage 1 expansion coming,they should have had a PR.

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Comment by SlangEditor00 on Mar 12, 2019 11:11pm

I assume all the details will be in Q4 when it comes to expansion. So maybe not how you wanted it but it will be announced one way or another. EagerBeaver1972 - (3/12/2019 10:56:26 PM) RE:RE:RE:RE:No movement 100% agree. They made a big deal about stage 1 and stage 2 last year, and then suddenly combine the expansions. After months of bragging about stage 1 expansion coming ...more

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Comment by SlangEditor00 on Mar 12, 2019 11:20pm

I think all of this will be cleared up in MD&A for Q4. So timing could have been better but it will be official soon - on way or another. I think investors are watching this trying to figure when to play. Especially at these levels. If sales go as planned this thing has no choice but to correct itself. Enough is enough really. RE:RE:RE:No movement The NR would have been fine if ...more

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