Newstrike Brands Ltd NWKRF

Production Capacity - Answer from Denis in PR

[SlangEditor00]

I know a lot of people have had questions about where we stand with production. This is the answer I got from Dennis today:

20,000 kg is the current capacity assuming full production ramp up. That construction was finished in Jan and we referred to it as Phase I. Now they are in the process of ramping production at the facility and they are adding plants each week and its ongoing. I’m afraid there’s not much more I have to share to break down capacity, I don’t have the numbers and it’s a discussion that will probably have to wait until after the financial results.

Some simple math for all you impatients out there.
20 000 x 1000 x $5/g = 100 000 000.00

Be patient for F sakes. It's coming. MOST IMPORTANTLY - They have all the distribution in place to sell this amount. Something a lot of people forget about.
Rec stores are opening in a month. The party is just getting started....

[mozzarella]

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[goldman777]

Could`nt agree more...like Warren Buffet is fond of saying  "the stock market is simply a machine that transfers money from impatient people to patient people" Short sighted investors will only see pennies, true patient longs see the value in the distribution network and provincial agreements....and we know that`s not the only kettle in the fire here. NewStrike has methodically

[1worker]

I think I just shat myself!!!

[1worker]

Guys I've been here a long time reading every day had so may emotions (first time investor lol) I can't thank you enough, thank you!!!

[mozzarella]

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[SpecialJK]

Lol ... now that was funny!! 

[SlangEditor00]

Well put Goldman. Learned long ago not to panic sell when you truely believe in a company. Remeber why you came to the table - You did some DD and your gut is telling you something,. I've researched this company and it's current managment team to death. I beleive in their business plan. I beleive in it's current managment. We had one day down after steady gains for days and people

[mozzarella]

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[quinlash]

Go back and watch the Jan 25th midas interview. Pretty sure that is where Jay states that phase1 was completed 3 months ago... more conflicting info... no wonder investors don't seem to know what to make of this stock. Where did the$5 per gram come from? Is that your rough number? ACB and WEED posted $6+ per gram.

[Ggeeman]

wilgar says in the equity guru interview , 5 bucks per gram average ....he said a lot of conflicting statements in the past, but I guess nobody's perfect

[quinlash]

Yes, he's human, we all make mistakes at times. If he stated $5 on avg then it's likely the best number to work with. Would be nice to know why its not on par with ACB and WEED... supply / demand would make me think the avg should be higher.

[SlangEditor00]

Quin - I just used the number as a hypothetical to get my point accross. Basically a worse case scenerio. Should of explained that I guess. What Jay stated was $6/gram. What he said in the interview is that facility has been producing for 3 months - It is plausable that you can grow in one part and finish another part - Smart actually. I could see how that might be confusing. But main point is he