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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 Partwaythereon Mar 13, 2019 11:15am
172 Views
Post# 29478717

HIP just forced everyone Longgggg on HEXO

HIP just forced everyone Longgggg on HEXOBasically; everyone who thought the HIP year-end financials (Q4-2018) would be similar in fashion to Organigram and we would spike to $1.30 SP or even higher will now need to wait until 2020. HIP share-holders are now forced to go LONG on HEXO. The transfer of shares to HEXO will take approx. 4-6 months. Everyone now theoretically owns HEXO share at $7.40 per SP. The HEXO high was around $9.00+ this past year. Jay and his HIP Management team just transferred all their shares at par to HEXO and they will wait for HEXO SP to jump to $12/$15 ?? is anyone's guess. We now have to wait another 1-2 years before any real gains are realized. That's why I'm pissed off !!!
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