Newstrike Brands Ltd NWKRF

New Expansion - Phase 1 / 2 - Note Sent to HIP IR

[quinlash]

I went through my notes again, revisited the site etc etc.. yes, Phase 1 was targeted to be completed at end of 2018 with Phase 2 targeted to be complete in early 2019.

I try to be very conservative as to what to expect from IR of any company as many of them provide much less in regards to updates to investors than what we see in the MJ Sector (sad but true..).   

As the reference to the new facility and two phases of construction, along with targeted completion dates, has been outlined on their homepage I do not see it as being illogical that investors should reasonably expect HIP IR to provide a formal NR following up on the progress of a significate piece of work clearly outlined on their website.

With this thought percolating in my head for the last number of hours I decided to simply drop another note into IR to see what’s up and to try and spur on a NR to investors.  Dennis has been fairly responsive lately so I hope to see something back from him at some point early tomorrow… let’s see what happens..

[Partwaythere]

I don't have the link; google Midas Letter interview with Jay. The Grimsby location Phase 1 is complete; they have already harvested 1 cycle and onto the 2nd cycle. Jay invited Midas for a tour and he accepted; hopefully we see an episode where Midas is on-site, full video.

[flyboy27]

Interview   I posted a couple weeks ago...... https://www.youtube.com/watch?v=C86iqEaJw10&feature=youtu.be&t=4059.

[Partwaythere]

Perfect, thanks Fly! After watching the interview; I can't believe market share is so low; especially with Organigram being 700-800M; comparatively.

[OSKARtheRED]

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[SKL6600]

We need to show our revenue and have phase 2 completed then we will move aggressively upwards. Also if we get a couple of the Ontario brick and mortar stores that would be icing on the cake. The SO kills us but there is nothing we can do about it becomes we don’t want a reverse split. GLTA 

[Ifallo]

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[quinlash]

The number of outstanding shares on HIP does not warrant a reverse split, makes zero sense.  If there is a pot stock that needs a reverse split it is ACB but I doubt they will even do it for a number of years.

[flyboy27]

Yes  it is crazy,     The scale is way off on this thing.    when investors wake UP to this, we should all be well taken care of for our loyalty..

[quinlash]

I have not revisited the videos however, even if it is mentioned that Phase 1 is complete, it needs to come out as a formal NR.  Stocks are driven on NRs and the more I look over their site, and the more I get from their news feed, the more NRs I keep seeing them miss.  Will post the latest news feed article next just as an FYI and example of what should also be an NR... There is good