OTCPK:NWKRF - Post by User
Post by
321Blastoffon May 31, 2018 9:16pm
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Post# 28108960
Hindsight and Foresight
Hindsight and ForesightI was concerned about the AGM and the consolidation vote but I had no idea that they would also be preparing to strike a deal to re-finance. Without any of these moves we would likley be trading well above $1 right now and in a good position and financial state as well. However we are now in the worst position we have ever been in since the January spike in the sector and as far as I can tell no other stock in the sector has done so poorly.
I would like to know why anyone on the board of Newstrike would have even thought that any of this would have been a good idea ? I see no logic here only greed, stupidity or panic or maybe all three in one fantastic package. It is also important to remember that all of this comes ominously shortly after the appointment of a new CFO.
As it stands the new bought deal is still not even done and I wonder if it will even go through. Would any of you as an investor buy 60,000,000 shares at a price which is @12 % higher than what the present market price is ? Where is the logic in any of this ? If the investors are truly intereseted in the company why don't they cancel the deal and buy their shares now ?
There are some seriously bizarre issues going on here. What is behind all of this ?