Newstrike Brands Ltd NWKRF

RE:RE:Ontario's list of Suppliers?

[goldman777]

Funny, thanks for the laugh .... well we all know the Fords like to get high or at least use to, hell we all did back in the day. You can bet HIP will be on the list for Ontario suppliers, Ontario will be the biggest market but don`t count on any N/R moving the s/p. The market just does not care at this juncture. I`ve read a 1/2 dozen or so announcements about the B.C. gov. awarding mou`s, HIP included - hasn`t budged the needle on any of them. So I think in all fairness we should lighten up a bit on our management - they cannot control the market direction of this sector. The market does not like uncertainty - simple, valuations are just a random number being picked out of thin air at this point. If sales fail to impress then you can bet there will be a lot more pain to spread around. I`m betting on demand out pacing supply...but it is all speculative at this point. Aside from alleged stumbles by IR ( very unfortunate and I can certainly see why investors who based their decisions on this mis-information would be peeved ) nothing has really changed. I don`t think we need monthly updates on every little development, Rome wasn`t built in a day and not every plan roles out flawlessly. Still it would be reassuring to most investors that we are on pace....I think we are. If anything give Mr. Wilgar credit for selling paper at a much higher price than the current s/p ... perhaps he anticipated the sector going south after it`s lofty rise and took the opportunity to secure a bigger chunk of change. He threw the dice and won - sure it led to further dilution, which I did not anticipate as my understanding was that all those shares came from the company held treasury and were already factored into the TSO. But maybe I was wrong, that is my mistake. The point is, this company is still on track to be a sector leader, nothing has changed fundamentally except for the sector give back - sure we have been hit hard but so have most. What more do you want, we announce both Alberta and B.C. agreements and the market turns a blind eye - it is what it is. I have added a few more here as I fully expect a strong fall time rally. If sales fail to impress - we get creamed, if sales surpass expectations - we soar. It`s that simple - no one knows what tomorrow will bring. That being said, I would like to see a company update that encompasses a wide range of issues, and would be especially eager to hear a statement from the top that no share consolidation is being considered at this time. Yes, TSO is a concern - but who cares until we see what the revenue numbers look like. Expansion is on track and ( my bet ) when the coffers really start to swell with revenue income - axe the consolidation option and initiate a share buy back program. This will put some spark under the s/p. The reverse split is hanging over this thing like a menacing dark cloud, coupled with the revenue uncertainty most investors are fearful of weak sales which will capitulate the s/p even further. Let the market know that the consolidation option is off the table until we see revenue numbers and we will see 25% pop in the s/p almost immediately. GLTA