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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > One way or another, this deal is not going through
View:
Post by Slownsteady78 on Jan 14, 2018 2:22am

One way or another, this deal is not going through



Comment by Slownsteady78 on Jan 14, 2018 2:25am
(sorry, meant this in my original post but it did not take) Newstrike will be good on its own, they dont need Cannimed. Since the original deal was announced many things have changed for newstrike. The bump up in share price was just a taste of how Canada's market will respond to this company. The share price only dropped once people learned of the details of this pending deal. Cannimed is ...more  
Comment by andrewkursa on Jan 14, 2018 2:29am
I hope you are right but still the stock is going down at least we have a news. I'm glad I've sold but if we have positive info I'll buy it back. Just to be safe. Lost few bucks anyway. My hidden gem is MGW .
Comment by stckapprentice on Jan 14, 2018 2:51am
There are more shareholder who bought at 50 cents then there are who bought at above 90 cents.  Jay wilgar owns 7 percent stragetic insiders own 12 hip band owns 6 percent - received their shares for a nickle  Management board own 48 percent other shareholders own 27 percent. You already know Newstrike and hip want the deal to go through.  thats 73 percent in favour of the deal ...more  
Comment by stckapprentice on Jan 14, 2018 3:00am
while the 73 percent of made up of a few people... the 27 percent are made up off thousands of average earning people trying to gain profit in a market that is guarenteed to grow in the next 3 years. unfortunately geniouses found a way to make you lose money where it should be doubled and returned !!
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