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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 > This is bloody sad..
View:
Post by quinlash on Apr 26, 2019 9:56am

This is bloody sad..

HEXO destroyed it's 52 week high this morning, still early so we will have to see how much of a pullback we get here in the next hour or so but HIP is hardly even trading !!?? Maybe we should get some cardboard signs and stand at the traffic lights asking people for money... HIP SHAREHOLDER, PLEASE DONATE ! ...

Sorry, annoyed here, the stock should actually be trading better than this, no wonder the warrants have tumble weeds rolling around them

I need a smoke
Comment by Bigbaboon on Apr 26, 2019 10:06am
Quin, hip shares are more or less in locked step with hexo. There r no reasons why it should fly on its own since they will be converted in hexo shares in the near term... if I remember correctly, hip shares where tradind at 45c. Now its at 61. 33% premium, why do you complain???
Comment by gbenga on Apr 26, 2019 10:30am
Your HIP share would be trading at <$0.40 now if HEXO did not come along to the rescue - true silver knight.  HIP had no competence or interest in cannabis business and would have run down whatever remained of the enterprise value.
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