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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

Comment by quinlashon Aug 13, 2018 3:15pm
76 Views
Post# 28451684

RE:RE:Response from HIP Regarding QTR Report + Facilities

RE:RE:Response from HIP Regarding QTR Report + FacilitiesWell I can't help but to agree that they should be doing more to promote the company and the progress that they are making on facilities however fincanical reporting, especially quarterly or annual reports, are pretty high level summaries of a company's activities, we can't be expecting specific details on one activity from these.  With that said, yes, they should of had a footnote or something in there to point out key points of interest for investors and the retro fits would be an obvious point to bring attention to.  

I had been hoping that IR activities would have picked up by now with the new IR consultants brought on board but I am still waiting and somewhat dissappointed as I have seen virtually no change (with the exception of the video interview they did).  

At this point I am still optimistic as to the company's future and continue to hold. At a minimum I think current investors can expect to see another run up in SP once sales start in Oct.  I am also expecting to see something in regards to a NR in reference to an overseas deal being made as well.  I worked in sales for awhile and I know these guys are going to have monthly objectives, I can't see an overseas deal not being part of those for end of Aug / Sept. There is likely a fair bit of pressure on those guys to get something in place.  If / when we see such a deal being accounced there will be a whole new group of investors looking to get into HIP as the overseas component is a key qualifier being sought by investors looking to buy into the Cannabis Biz.
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