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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 > How do we organize to not sellout to this???
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Post by Walleye on Mar 13, 2019 3:23pm

How do we organize to not sellout to this???

I am new to posting but i am a long holder of hip for over a year.  I have added to my position as this stock went from $1.25 plus to $0.33

I am seriously pissed off that there has been no news until this garbage news.  What about the current earnings report. Would it not have been good?? Would it not have helped to justify a larger ask from a sellout position.  

I think is very much a lack of transparency on this deal and this stock.  I was a beleiever all along until this morning. My gut tells me there is more value to this stock than is letting on.    

If they need 66 2/3 of stockholders to vote yes for this and they only have 25% locked up.  Should there not be a way for everyone to band together.  

Am i missing something??
Comment by Greenshooes on Mar 13, 2019 4:27pm
You are missing nothing though on BNN they are saying there is like 40 plus LPs...adding that Canada  only needs 5 or 10 major players..more M@A coming for cannibis sector. Hexo is a powerhouse, they have coors/ Molson on team for when role out for beverages in the fall. I don’t mind teaming with Hexo  though no premium to the shareholders stinks. Hip would have to merger along the way ...more  
Comment by mozzarella on Mar 13, 2019 4:37pm
This post has been removed in accordance with Community Policy
Comment by Greenshooes on Mar 13, 2019 4:57pm
Brookfield bought Oaktree which is a Hugh asset management and didn’t pay that much of a premium.    It was mentioned that premiums aren’t as fat as they have been in the past, just where we are in the cycle. Yes where does it end, I was happy going it with hip, I have a lot of heart and when Hip said we are going to concentrate on Canada (rec) I was good with that though is that being ...more  
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