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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 TheHuckon May 28, 2018 10:52am
185 Views
Post# 28088375

Has to be alot more to the latest news

Has to be alot more to the latest newsMakes no sense to make an announcement like this today, unless there is something else coming. Who cares about a paltry $2MM when they have the cash on hand that they do? They issued a boatload of shares to get that greenhouse in April 2017. Provided Enderlein 2MM shares at essentially .89c (way above market at the time), but they also gave them $16MM warrants at $0.125c, which I'm sure have all been redeemed and sold. Kind of left shareholders to hold the bag on this deal, they're better be something very positive coming this week.
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