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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 Soccerguyon May 24, 2018 1:02pm
219 Views
Post# 28076031

A Reverse stock split must be in the cards......

A Reverse stock split must be in the cards......I have a had a chance to sit back and digest all this....no1 likes losing $ but I am trying to be an optimist. With the new bought financing I think that takes us to 600mil shares. A 10-1 reverse split makes sense taking us down to 60 million....this should get rid of weak hands and most shorters. With this we would like at a stock price of around $7 and makes us look more attractive and maybe even a possible listing on the tsx. June 7th WILL happen and seems like HIP is getting ready. Going long with this one and look at this as a great buying opportunity. Cheers
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