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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."


OTCPK:NWKRF - Post by User

Newstrike Brands Ltd > Won’t some people lose their shirts at this price?
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Comment by George141on Jan 26, 2018 2:35pm
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Post# 27442982

RE:Won’t some people lose their shirts at this price?

RE:Won’t some people lose their shirts at this price?
Dontpanic wrote: With the financing agreement for 39,000,000 shares fixed at 1.32, and another 6% additional available won’t people lose their shirts buying in above that? The price is currently 1.43! lol
,,Company needs financing to stay the course...This is a way of raising cash without going into debt.Banks are slowly coming on board so getting money from the bank is a non starter. In this case lender benefits but he also undertakes some risk... This makes sense.

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