Newstrike Brands Ltd NWKRF

decision

[greendayyyy]

Look VIVO-GENE-WAYL are all in the same boat as us. I hold VIVO and take dips from .20 to .30. At least I made earnings. Here is no way to do .05. If I leave I will not be surprised that he takes off as CANN. We do not always make the right decision. I have placed a lot of hope here. If I leave, I increase my position on EVE and I sit on it.

 

[Ggeeman]

all those companies are ok , but only one has sound financials and that is HIP . Also ,only on of them have more than 7 provincial agreements . Oh and , only one of those was only focused on rec. The rest have no excuse . I have lost lots of money chasing . I stay here in the undervalued play because they have barely any funds invested in them . This is because they started late in their endeavors

[StockMonster99]

Well said Ggeeman. I personally believe that they also have a plan for the reg warrants. It would be a shame for them to let that kind of cash infusion expire. I bet they have plans for both. Or who knows maybe they extend the life of the reg warrants to keep that cash possibility alive 

[stockshock45]

Well said Ggeeman. There will be plenty of small cap companies that will sell out or simply close it's doors due to lack of funds. Remember that it only takes one bad crop to go under if you have little to know Capital.  Newstrike does not have that issue with 0 Debt and $108 in Cash. IMO they are in a very strong position moving forward in the industry.

[stockbull72]

Insurance against crop failures would be to buy NINE, or GROW. NINE does crops in seperate sea containers to offset the potential spread and minimize potential losses. Co2 Gro does Co2 foliar spray which pretty much eliminates ecoli as well as powdery mildew and mold within a crop as well as speed growth with added bonus of higher yields and THC count at end.

[mozzarella]

This post has been removed in accordance with Community Policy

[stockbull72]

This post has been removed in accordance with Community Policy

[flyboy27]

---Not sure but didnt we buy grow pods from Delta 9 for Brantford location??? anybody know for sure?..  I think they are a good outfit.

[greendayyyy]

Ggeeman......I understand what you're saying. I'm not sure that HIP really has the right management team to run this business. No management likes to see their business mistreated as HIP is right now. Since January HIP stagnates and management has done nothing concrete to give confidence to us investors. Maybe I'm wrong but for the moment we are waiting and the others are going up