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Should be hitting $1 any day now huh? It will hit .01 before it hits $1. Believe the hype and lies or believe me. They've been lying about $1 for years. Ain't gonna happen. Todd Hybels sold June 5th and June 15th. He can't get rid of his shares fast enough. A senior officer of the company has no confidence in NXGWF this proves it. You're all being used.
https://www.tipranks.com/insiders/todd-jeremy-hybels
Scamadviser.com says otcshortreport.com is legit, highest rating, good enough for me. What's the next excuse for the massive percentage of short interest on NXGWF? You should know how they play the game by now. There is no clickbait either. LMAO.
https://www.scamadviser.com/check-website/otcshortreport.com
% OF TTL. VOL. SHORTED LAST COLUMN
https://www.otcshortreport.com/company/NXGWF
MM started covering their short positions. Should be going down, this cycles almost over.
https://www.otcshortreport.com/company/NXGWF
I'm amazed somebody on here gets it. I've been an active trader over 25 years trading everything not just stocks and I do it for a living. I've been consulting in the legal cannabis space since it's inception because I truly love it. Numbers don't lie people do. I simply present information that's available and I do it for many other issues under different surnames not just this one. I follow statistical analysis and rely on truths not heresay. The numbers say this issue is due for a big correction based on the fact that 91.4% of all gaps get filled.
NXGWF has had 4 gaps filled and still has 2 unfilled
0.09 and .108
91.4% of 6 is 5.484 gaps that statistically speaking need to filled.
All OTCBB securities are nonmarginable. They cannot be purchased on margin, or be used as collateral against margin loans. Market makers are only allowed naked short sales.
Percentage of volume shorted was
55.06 May 21 and 74.5 May 20.
MM has been playing you all.
https://www.otcshortreport.com/company/NXGWF
That one month chart looks like a fall down the side of Mount Everest hahaha.
My friend your so called 950% "gain" was the result of a REDDIT PUMP AND DUMP SCHEME!! No other reason. Look at reality not manipulated BS. I really can't understand what you guys are thinking.
Really you are trying to compare a massive billion dollar company with branches throughout North America and possibly other countries to a company that has 1 location?
I'm utterly amazed by what some people will believe. Standby and see what's about to happen over at NGW. I'll be laughing wishing I could have shorted it.
CEO moved to Las Vegas.
CMO moving to Chicago.
Still haven't renewed their license with the state that expires soon. I'm sure everything is just great at NGW. BAHAHAHA. What a joke.
License Number License Type Business Owner Business Contact Information Business Structure Status Status Date Issue Date Expiration Date Adult-Use/Medicinal
C11-0000450-LIC Cannabis - Distributor License Michael Jennings Next Green Wave, LLC : Email- mjewell@nextgreenwave.com : Phone- 5599172222 Limited Liability Company Active 06/21/2019 06/21/2019 06/20/2021 BOTH
D E A D M O N E Y!!!
GOING
D
O
W
N!!!!!!!!!!
The company's cash holdings reduced by over 60% year over year- December 31, 2019 cdn $1,175,586 as of December 31, 2020 cdn $439,538. This should be trending up not down at that rate. That fact alone should make you ask what the hell is going on here? Or just continue to pretend everything is great. ?? Guess Mike needed to get the $$ to buy the penthouse condo in Vegas and afford his lavish lifestyle he brags about from somewhere huh?
Nope. I pointed specific occurences which are discussed in greater detail in the NGW financial statement that was released on April 30, 2021. Overzealous speculators tend to not look at the details. I hold no position in this company and am stating objective facts that the company has cited. Nice try to discredit though.
It'll be a miracle if they haven't filed for bankruptcy protection by the end of this year, if not sooner. I'd be asking a lot of questions on the conference call. Taken from the CONSOLIDATED FINANCIAL STATEMENTS
For the Years Ended December 31, 2020 and 2019
Millions of convertible debentures with Unlimited number of common shares without par value authorized?? and acceleration clauses attached, millions of stock options, warrants, secured loans with many coming due in 2021.
Cash on hand reduced by over 60% year over year- where's the money Mike?? December 31, 2019 cdn $1,175,586 as of December 31, 2020 cdn $439,538
The Company’s continuing operations are dependent upon its ability to raise capital and generate cash flows from operations. At December 31, 2020, the Company had an accumulated deficit of $15,950,090 and the Company had historically incurred losses. Although the Company achieved profitability in the latter part of2020, it has yet to demonstrate that it can maintain profitability on a sustained basis.
On May 29, 2019, the Company issued CDN$3,000,000 convertible debentures (the “Debentures”) and7,732,357 transferable common share purchase warrants (the “Debenture Warrants”) with the following terms:- the Debentures mature on May 29, 2021 (the “Maturity date”), and the principal amount of the Debentures, together with accrued and any unpaid interest, will be payable on the Maturity Date.
The Company reversed the previous years unrealized fair value adjustment of $575,145 and recognized a realized loss of $758,584 on the disposition in the consolidated statements of operations and comprehensive income (loss) for the year ended December 31, 2020.
This is crazy so party while you can until reality sets in, probably eod or tomorrow.
News is the only thing that moves this stock and even that isn't effective anymore. Surprise. It has been closing at or near the low of the day each day which is bearish and has been in a downtrend since February 10th. It has lost 30% of it's value since then. Where there's smoke there's fire.
GLTA.
Right on! Here's to freedom of speech.
I'm expecting this scenario to play out as it's absolutely a fact that 91.4% of all gaps get filled, NXGWF has 2 unfilled gaps and according to this rule still 1.484 gaps will need to be filled:
2020-06-04 0.091
2020-07-07 0.108
Also 4 gaps that retraced and filled:
2020-04-17 filled in 1 days.
2021-02-08 filled in 3 days.
2021-02-10 filled in 1 days.
2021-02-22 filled in 8 days.
Happy 420!
Daily dose of the truth.
Michael Jennings moved to Las Vegas, over 5 hours away from Coalinga HQ. WHO IS RUNNING THE COMPANY? Anybody know? Oh yeah verified Jennings sold shares 13 days ago. He tried keeping it quiet but all he does is sell!! Hybels sells also. Last buy over 6 months ago, Jewell. Sounds like things are going great doesn't it? GLTA LOL!!
Michael Jennings
Chief Executive Officer, >10% Owner
Not Ranked Uninformative Sell
—
13 days ago
No SEC Form
Todd Jeremy Hybels
Senior Officer
Informative Sell
$8,999
2 months ago
No SEC Form
Robert Michael Dzisiak
Chairman, Director
Uninformative Sell
$31,875
6 months ago
No SEC Form
Robert Michael Dzisiak
Chairman, Director
Informative Sell
$10,150
6 months ago
No SEC Form
Robert Michael Dzisiak
Chairman, Director
Informative Sell
$23,753
6 months ago
No SEC Form
Robert Michael Dzisiak
Chairman, Director
Informative Sell
$31,750
6 months ago
No SEC Form
Michael Jennings
Chief Executive Officer, >10% Owner
Not Ranked Uninformative Sell
—
6 months ago
No SEC Form
Robert Michael Dzisiak
Chairman, Director
Informative Sell
$29,125
6 months ago
No SEC Form
David Wilson
Non-Executive, Director
Informative Sell
$10,800
6 months ago
Man you guys really need your hands held don't you?
You really have no idea what's going on in California in terms of cannabis legislation and consequences for growers that only have provisional licenses do you? Perhaps do a little homework on the current situation and how it may effect your investment. I do find it interesting they applied for the permanent license over 2 years ago and still have not gotten it. I personally would have a lot of questions at the next conference call but that's just me. I'm not complacent like that.
Oh by the way NXGWF's state provisional (still temporary) production license expires
June 20, 2021. Where's the PR on that one? LOL.
Number License Type Business Owner Business Contact Information Business Structure Status Status Date Issue Date Expiration Date Adult-Use/Medicinal
C11-0000450-LIC Cannabis - Distributor License Michael Jennings Next Green Wave, LLC : Email- mjewell@nextgreenwave.com : Phone- 5599172222 Limited Liability Company Active 06/21/2019 06/21/2019 06/20/2021 BOTH
91.4% of all gaps get filled, that my friends is a fact. Guess where nxgwf is headed?
NXGWF: last price is $0.6613; period high is $0.9555
2020-04-17 filled in 1 days.
2021-02-08 filled in 3 days.
2021-02-10 filled in 1 days.
2021-02-22 filled in 8 days.
GapDate DaysPassed GapPrice ChangeToFill Retrace Fibo±.02
2020-06-04 213 0.09 -86.9% 0.091 -
2020-07-07 191 0.10 -84.4% 0.108 -
6 total gaps; 4 filled; 2 not filled.
91.4% of 6 is 5.484 to make it simple for you.
I just know this post will be deleted pronto. Truth sucks doesn't it?
LOL....
Something bigger then that will make this thing drop exponentially in a day and all the wannabe millionaires will be crying like babies.
Even Dzisiak with over 33 years of leadership and corporate planning experience couldn't deal with management that has less then 2 years experience average. He left what's usually a cushy board seat after 9 months and dumped all his shares.
Dzisiak couldn't dump his shares fast enough once he ran out the door of NGW. He was smart and he knew the truth of the sh@tshow.
Even Hybels the COO is selling his shares. Really confident of the company's future isn't he??? The second in command of NGW.
So freaking funny I love this.
Many of you are clueless. I'm trying to help but you want to believe the grandmaster of lies blunderdog. Just wait I'll soon be laughing harder then ever.
Insider Buying: NGW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
SellCA$8,99909 Feb 21
Todd Hybels
SellCA$7,99007 Feb 21
Todd Hybels
SellCA$40,00028 Oct 20
Robert Dzisiak
SellCA$11,70022 Oct 20
Robert Dzisiak
SellCA$10,15021 Oct 20
Robert Dzisiak
SellCA$23,75020 Oct 20
Robert Dzisiak
SellCA$31,75018 Oct 20
Robert Dzisiak
SellCA$29,36014 Oct 20
Robert Dzisiak
SellCA$10,80006 Oct 20
David Wilson
So if I don't leave then what?? What you gonna do?
Like I said speculators/gamblers think they know everything. Whenever I come here and talk crap, even though its true, you should be thanking me. It's just a two bit penny stock and it's fun to get the regs riled up because they're gambling real money and therefore are the ones showing their emotions. Blunderdog has been making bs predictions for years yet you guys love him. Maybe reassess reality. I have no emotion or connection to NGW at all. This is purely a message board that has been hijacked by hypesters for the company and a contrarian view is 100% necessary. Get real.
Bahahahah
Where are the numbers behind the 2 year agreement deal with Cookies??? Oh wait there are no numbers??
I'm pretty sure they'd be advertising how lucrative it would be but it's just a hype piece and obviously they don't want to disclose how beneficial it is for Cookies and not them. Get real. LMAO...
Wet your whistles...
NGW is unlikely to uplist. If you do your research you will see the most obvious reasons immediately.
They are not elegible as a foreign private issuer because they don't pass the shareholder test or the business contacts test. - RED FLAG
They also don't use IFRS or GAAP accounting methods. - RED FLAG
There was no mention made of NGW Resolution No. 021P-003 in yesterdays Coalinga city council meeting yesterday. RED FLAG
Keep telling me how great and promising and legit they are.
Or just delete my post like you do every time I'm right.
The SEC has awarded approximately $737 million to 133 individuals since issuing its first award in 2012. All payments are made out of an investor protection fund established by Congress that is financed entirely through monetary sanctions paid to the SEC by securities law violators. No money has been taken or withheld from harmed investors to pay whistleblower awards. Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Whistleblower awards can range from 10-30% of the money collected when the monetary sanctions exceed $1 million.
Go to sec.gov search cannabis fraud. This is just 1 page of dozens.
SEC.gov | Cyber Enforcement Actions
https://www.sec.gov/spotlight/cybersecurity-enforcement-actions
...2017 Broker-Dealer Compliance Affinity Fraud Crowdfunding Cybersecurity Disclosure...Structure and Data Analysis Microcap Fraud Money Market Funds ...
Anthony Todd Johnson et al. (Release No. LR-24857; Jul. 29, 2020)
https://www.sec.gov/litigation/litreleases/2020/lr24857.htm
Charges in $25 Million Cannabis-Related Offering Fraud Litigation Release No...individuals to invest in two separate cannabis-related businesses in ...
Douglas Leighton et al. (Release No. LR-24791; Apr. 8, 2020)
https://www.sec.gov/litigation/litreleases/2020/lr24791.htm
Gallery SEC Charges Seven in Microcap Fraud Scheme Litigation Release No. 24791...alleges that Leighton orchestrated the fraud after acquiring ...
Jeffrey O. Friedland, Global Corporate Strategies LLC., and Intiva Pharma, LLC (Release No. LR-24684; Dec. 9, 2019)
https://www.sec.gov/litigation/litreleases/2019/lr24684.htm
Associated Companies in Touting and Fraud Case Litigation Release No. 24684 /...fraudulently promoting and trading a cannabis stock. On December 5 ...
Pleading
https://www.sec.gov/files/Complaint20-cv-01493Johnson.pdf
8 months ago - ...action involves securities offering fraud by nine issuer entities (the “issuers”)...balance sheets of the issuers. 4. The Fraud a) The Johnsons Misled ...
Treehouse Real Estate Investment Trust
https://www.sec.gov/litigation/apdocuments/3-19192-event-1.pdf
almost 2 years ago - ...cultivate, process, distribute or sell cannabis. TREIT acquires real estate assets...or may be leased to state-licensed cannabis operators. Despite ...
Apotheca Biosciences Inc.
https://www.sec.gov/litigation/apdocuments/3-19242-event-9.pdf
over 1 year ago - Company completed its merger with Cannabis Leaf only on August 2018. Since that...signed a reverse merger agreement with cannabis Leaf Inc. on March ...
SEC.gov | SEC Obtains Touting and Fraud Judgment Against Colorado Cannabis Stock Promoter
https://www.sec.gov/news/press-release/2019-255
Obtains Touting and Fraud Judgment Against Colorado Cannabis Stock Promoter FOR...fraudulently promoting and trading a cannabis stock. On Dec. 5 ...
Respondents Wahl and Chung's proposed findings of fact and conclusions of law
https://www.sec.gov/litigation/apdocuments/3-18292-event-2020-06-01-respondents-wahl-and-chung-proposed-findings-of-fact.pdf
10 months ago - ...…………..56 3) THE FIRM DIDN’T COMMIT FRAUD AND THE SEC ATTORNEYS KNEW IT BEFORE...GETS HACKED AND CREATES A FINANCIAL FRAUD OF $4.1 ...
Jeffrey O. Friedland, et al.
https://www.sec.gov/litigation/complaints/2018/comp-pr2018-34.pdf
about 7 years ago - ...engaged in a nearly $7 million securities fraud scheme to conceal the nature of his...his experience owning two retail cannabis stores in Colorado ski ...
SEC.gov | SEC Charges Cannabis Investment Fund and Founder in Fraudulent Scheme
https://www.sec.gov/news/press-release/2018-177
Photostream Press Release SEC Charges Cannabis Investment Fund and Founder in Fraudulent...false promises of massive returns in cannabis-related ...
James K. McKillop
https://www.sec.gov/litigation/complaints/2019/comp24433.pdf
about 2 years ago - ...commit mail fraud related to a debt consolidation solicitation fraud.3 OTHER RELEVANT...11/29/2013 2/14/2014 9/15/2015 25 Aquarius Cannabis Inc ...
s70819-6235037-192692.pdf
https://www.sec.gov/comments/s7-08-19/s70819-6235037-192692.pdf
over 1 year ago - Markets Appear to be More Prone to Fraud and Other Predatory Practices. ......of even very wealthy individuals to fraud, neither Congress nor the SEC ...
What's New on the SEC Website, January 7, 2021
https://www.sec.gov/news/whatsnew/2021/wn010721.shtml
...n/k/a Arize Therapeutics, Inc. and Cannabis Science, Inc. (Release No. 34-90856;...Statements Statement on Proposed 2011 Fraud-Detection Program and ...
Investor Alert: Marijuana-Related Investments | Investor.gov
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-alerts/investor
Group, Inc. GrowLife, Inc. Advanced Cannabis Solutions, Inc. Petrotech Oil and...see red flags of potential microcap fraud such as: SEC trading ...
SEC.gov | SEC Obtains Emergency Asset Freeze, Charges California Trader with Posting False Stock Tweets
https://www.sec.gov/news/press-release/2021-46
Exchange Commission today announced fraud charges and an asset freeze and other...backed by huge investors for its #cannabis operation[.]" In seeking ...
SEC.gov | Investor Alert: Marijuana-Related Investments
https://www.sec.gov/oiea/investor-alerts-bulletins/ia_marijuana.html
Group, Inc. GrowLife, Inc. Advanced Cannabis Solutions, Inc. Petrotech Oil and...see red flags of potential microcap fraud such as: SEC trading ...
SEC.gov | Two ICO Issuers Settle SEC Registration Charges, Agree to Register Tokens as Securities
https://www.sec.gov/news/press-release/2018-264
...technology to the cannabis industry and work toward legalization of cannabis. Neither...cases follow the Commission’s first non-fraud ICO registration ...
David N. Osegueda, Ishmail Calvin Ross, aka Calvin Ross, Zachary R. Logan, and Jessica Snyder, fka Jessica Gutierrez (Release No. LR-24472; May 20, 2019)
https://www.sec.gov/litigation/litreleases/2019/lr24472.htm
Charges Four Individuals in a Microcap Fraud Litigation Release No. 24472 / May...Southern California beverage and cannabis company, Green Cures & ...
SEC Complaint: Guy Scott Griffithe, Robert William Russell, Renewable Technologies Solution, Inc., Green Acres Pharms, LLC, and SMRB, LLC, Defendants, and Sonja Marie Russell, Relief Defendant
https://www.sec.gov/litigation/complaints/2020/comp-pr2020-14.pdf
over 1 year ago - District. Many victims of the Defendants’ fraud scheme reside within this District...million or more in a securities offering fraud scheme. The ...
Investor Alert: Beware of Stock Recommendations on Investment Research Websites
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-alerts/investor-41
Now you're saying $2 per share by year end?
You've made a lot of predictions my friend. Here's your words.
Hunterdog Member Level Friday, 05/17/19 12:56:31 PM
Re: dbgolf post# 786
Post #
787
of 12235
They need to put us both on the BOD dbgolf. We’ll keep adding and tucking those shares aside. Three for a dollar today and one for a dollar by the end of the year.
-December 27 2019, 7 months after you stated $1 end of that year the stock closed at .07 or 14 shares for a dollar. Hilarious.
-Hunterdog Member Level Wednesday, 05/01/19 08:14:35 PM
Re: quito_yume post# 703
Post #
704
of 12235
I have friends who’ve made millions on Aurora and they were early investors. As for me, I’ve recovered 3X my initial investment. And Aurora has a BILLION shares outstanding. Currently trading at $9.00. NGW could easily hit $20.00 with only 120MM shares. Like I’ve said previously, 120 MM shares isn’t much
-$20? Yeah it's at .73 almost 2 years later
Hypester. More lies.
-Hunterdog Member Level Monday, 04/22/19 02:13:50 PM
Re: None
Post #
643
of 12235
Next stop.................$0.50
Better than expected guidance and we'll hit $0.75
So glad I added. I actually tried to grab another 20,000 shares this morning but it was already off to the races and I didn't feel like chasing it.
Enjoy the ride gang
-Yeah, enjoy the ride to .05 which is where it went over 7 months after this claim. Lies Lies. Manipulation.
Hunterdog Member Level Wednesday, 04/24/19 03:12:06 PM
Re: None
Post #
655
of 12235
It looks like $0.35 is a pretty hard-bottom. Not concerned in the slightest. There will be days in the near future when we see 10% - 20%.............even 30% or 40% rises in a single day.
-Hard bottom? The stock went to .05 in February 2020. Nice call.
Quit with the bogus predictions and false claims already. Have you no conscience?
Debt has been a part of this country's operations since its beginning. The U.S. government first found itself in debt in 1790, following the Revolutionary War. The value of a company is most significantly affected by the overall growth of the market for its products. Sure things look good now for NGW but look to the future and be proactive in making changes now. Simply adding more supply isn't a positive move if the market will contract and demand slows. That's all I see them doing now.
My opinion based on beta is that prices and profit margins will decline as larger more financially disciplined producers enter the market and also accessibility to craft quality black market weed continues to increase. NGW will need to enter into agreements to distribute and market product to other legal states as the glut of cannabis saturation in California will test their profitability and cost structure affecting long term viability. In my opinion short term complacency will be damaging.
Bullet points regarding California cannabis market. Go ahead criticize and ignore but these are all documented facts not opinions or theories.
-More than 70% of the state doesn’t allow for marijuana retailers.
-Cannabis businesses are being more negatively impacted by the COVID-19 pandemic because they have less access to banking services that could provide liquidity, have a younger consumer base likely to be disproportionately affected by the COVID-19 recession, and still must contend with competition from the black market, which accounts for
an estimated 75% of sales.
-Taxes from legal mariuana sales were originally estimated at over$1 billion a year. They have averaged less than half that amount.
-California’s poverty rate is the highest in the nation at over 18%. -New restrictions on natural gas will increase electricity costs, making the problem worse.
Pacific Gas and Electric Co.’s residential electric rates are already about about 80% higher than the national average, while San Diego Gas & Electric charges about double the national average and Southern California Edison’s are 45% higher.
-In 2020 for the first time since 1850 California recorded a net loss of 70,000 residents.
-Individuals and companies are exiting the state in record numbers.
I take no pleasure in people's pain I only try to provide insight based on my experience. Go ahead and bash me some more I don't care. Classic pump and dump players.
I'm still here. Lurking from a distance but I wouldn't touch this one. I've seen so many hype driven penny stocks like this skyrocket and just as fast as they go up they will tumble ten times faster.
next Green Wave has way too much leveraged on one operating facility and all it takes is an infestation, which I believe has happened they just managed it internally, and big problems will result. I might dip my foot back in after it falls but honestly I'm making way more in the crypto market so this is irrelevant to me at this point.
Craignortheast was wise to take profits. good luck hope the gravy train full of suckers keeps pouring the money in. But be ready for when the rug gets pulled out from under you though.
Checks all the boxes of a pump and dump. I would cash out and run asap. If it smells like a rotten fish...
I give this agreement 6 months max. Oh NGW didnt disclose financial details because they are getting the royal screw job from Cookies? LMFAO. Those P.R.'s sound so much better when you leave out the real information. Attracts more suckers, I mean investors. GLTA. Go pour some concrete Mr. Self proclaimed cannabis industry expert.
FYI cookies does supply agreements with everybody to try and keep up with their explosive growth so you can call it an exclusive agreement but that is a bunch of BS. After you clowns run the price up today it'll drop back down in the toilet. Good luck to all LOL.