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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 by User

Post by 321Blastoffon May 15, 2018 9:40am
171 Views
Post# 28031736

Positivity

Positivity
I really want to be positive about this stock. I have money in it ! My problem is not the simple math that JJ seems to feel is so exciting. The problem is what it is hitched to.

What can a company expect to earn from selling 28,000 kilos of MJ per year and what does that make the company worth. This is the bottome line. No amount of number juggling will change this fact. So ask yourself what you feel is a realistic share price for this company.

I have my own answer and this is why I think Newstrike needs to walk before it can run.
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