Newstrike Brands Ltd NWKRF

RE:HIP IR Feedback - New Facility Phase 1 Complete + NR Update

[silkroad007]

Like your posts but have to disagree with the statement that there is an expectation of news at the end of 2018.  I dont think this is the case other than on Stockhouse.  Same as when people were speculating about Q4 results and somone threw out a number/date of end of Feb based on some back of the napkin calc from other quarters.  Not realizing this one is year end and more reporting etc.  Weeks later it was bantered about as the "Date".  when Dennis finally responded saying end of march/ earl april everyone is pissed.  All because a random threw out a date to begin with.

Same concept here with expectation of news. 

quinlash wrote: As noted by another poster earlier (sorry, I forget who posted it) Dennis has again confirmed that their Phase 1 construction is indeed complete and they are working on Phase 2.

Initial feedback on the need for a formal NR is that it was not seen as something that warranted a NR.  I have replied to that already indicating that an expectation has been set with investors that a news worthy event was to occur at the end of 2018 by way of the information provided on the homepage. 

I have asked Dennis to disucss the topic within the IR team and / or with Jay to determine what can be done for a NR (again, in light of the expectation being set with investors...).

In all fairness it is likely a bit late in the day for Dennis to have any chance to really discuss this within HIP and get back to me so we will likely have to patiently wait again.  I am REALLY hoping this gets addressed fairly soon and a simple NR can be issued no later than pre-trade Monday.