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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 > ENTICING RE-ENTRY POINT
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Post by goldman777 on May 24, 2018 12:25pm

ENTICING RE-ENTRY POINT

The company is selling shares from it`s treasury to a consortium of investors who in turn will sell them on the open market. These are shares that the company has in fact, bought back at fair market value at some point or received in the form of warrants. This does not represent further dilution as they are already accounted for in the TSO count.....excellent buying opportunity here below 75 cents. TSO is still a concern, as is just what kind of demand we will actually see after the recreational launch...the market is already saturated with black market product. Once it`s legal the market will be even more saturated....or will it ? This is the big question is it not, either way HIP is a fantastic deal here and offers a great speculative / informative bet...had to bite on 50K shares. GLTA
Comment by Eigen337 on May 24, 2018 12:29pm
This post has been removed in accordance with Community Policy
Comment by Ggeeman on May 24, 2018 12:40pm
big money will always get preferential treatment. I feel your rage
Comment by Eigen337 on May 24, 2018 12:48pm
This post has been removed in accordance with Community Policy
Comment by goldman777 on May 24, 2018 12:45pm
WOW - WHAT A LOSER ! - Your gonna hurl shite at me for the one post I make every month here - IGNORE for you - LOSER ! Who are you to jump down my throat - I'm an investor just like you - you win some you lose some, I've seen both sides of the coin - sorry your down big time here - but hey, that`s your problem not mine. Good luck to the rest of the posters here who are not full of sour ...more  
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