Novus Acquisition and Development Corp (NDEV)

[BullsRun2002]

Near term expectations are high for NDEV. Currently trading at a market capitalization of $16.4M, Novus has a decent store ($107.14k) of cash on the books, along with total assets of $91K, which must be weighed relative to a manageable load ($180.00k) of total accumulated debt. Proposition 64 in California is a milestone for the marijuana marketplace, as we have been contending, not just legislatively but culturally. The legitimization of the industry will bring into place factors such as taxation levels that point in favor of players like NDEV.