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I'm not sure what growth potential is there, but I see that they have at least 20 boats for various charters. if on average each boat brought in $1000 per day that is about 7 million in revenue for the year. Not sure what else they do or what they would hope to do by going public. Although it is all speculation as I'm just matching up addresses in mexico at this point. Who knows if there is a connection or not.
A/S was reduced to 150 million so the dilution won't be too bad. I do agree that we will need a legit business coming in to maintain the PPS. If they intended to immediately dilute they would not have decreased the A/S out of the gate. gives some hope that either they have a solid company coming in for a RM or that they have a long term plan on pumping a good story because I don't see how they make good money on a scam doing a RS with the A/S being 150 million and the pps being in the trips.
I agree that the RS isn't a good thing, although they seemed to have reduced the AS as well, which is a good thing.
Looks like we are going to be getting some updates soon!
484 million with a float of 40 million. restricted shares were issued to officers
http://www.otcmarkets.com/stock/NGCG/news/New-Generation-Consumer-Group-Updates-Shareholders-on-Current-Share-Structure?id=96779&b=y
I think the SS is better answered by the PR from Feb 9. The 10K only has information as to what happened through Dec 2014, whereas the SS was updated in Feb.
Nice Solid buys and bid support today. Looking forward to 10K in the coming week or so to move this even higher.
Because TDA is "Protecting" its customers. The official DTC chill was lifted in 2011
Nice $8000 bid. Someone seems very interested in NGCG
needs to file 10k
huge bid right now. would be nice if it moved up a little
NGCG is so thin...Just need some eyes and MOMO
In it's first quarter of operation NGCG had $453,916 in revenue, and was profitable. without growth (and we know they keep adding products) the revenue projects to be $1,815,664 in their first year! with the expansion of their products it should easily top $2 million.
http://www.otcmarkets.com/financialReportViewer?symbol=NGCG&id=129838
I contacted IR and they said that they expect the 10K out in 2-3 weeks unless there are any delays in compiling the numbers. Hoping to see some nice growth there.
actually they have already proven to be profitable.
GP was $429,808 and net income was $26,639
http://www.otcmarkets.com/financialReportViewer?symbol=NGCG&id=129838
shares were issued to company insiders and are restricted for one year.
seems like several of the directors are bringing in existing products which will add immediate revenues
NGCG has put together an all star line up of directors. Led by their CEO who has a top notch resume.
I agree. Nice to see a new OTC company actually has real products in stores.
Mucho Macho Michelada product review!
Monster Marketing Group - clients include McDonalds, Nissan, Ford and Mercedes
http://monstermg.com/clients
NGCG isn't just a food and beverage company they also have a marketing division which has an established list of clients. So they will be able to effectively market their own products as well as have a revenue stream outside of these products
http://monstermg.com/
40 million float. This will move quickly once people get in.
http://www.otcmarkets.com/stock/NGCG/profile
I agree and will always have a core position. I just feel I need to do a better job of selling highs and buying lows to increase that core position
The reason COHO doesn't do better for their pps is because they aren't that interesting and they have a low float. OTC stocks run on MOMO and buzz. COHO is a good solid company that is profitable, but right now there isn't anything exciting about it. People come in when they report their financials it runs a couple of days and then it stalls because people lose interest. without any catalysts this will do what it has done for the last 2 years. It will trade for weeks with a large bid/ask spread and people will slowly lose patience and dump at the bid. The pps will go back to .001-.002 and then their 10-Q will come out and we'll do it all again.
Sadly, COHO is a victim of being a decent company stuck on the OTC.
it will only go that low if they stop filing and nothing happens for 4+ months. whenever something is filed it gets people's attention and the pps spikes. buy when it is quiet and sell when it runs a little. impossible to lose money doing this. after each run you can buy more during the quiet periods and increase your profits. some day there will be an actual pr about an RM and that is when the real money is made. That is also decision time because you will need to decide if the business is legit or not and how long you hold your shares before selling.
what about it? shows AS is 2.1 billion
they would have to file an amendment to their Nevada registration to increase the AS. If they are issuing share that they are not authorized to issue then we will see a DTC chill very soon
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=uA3i2Ky6SnDuBS7V36y0Dg%253d%253d&nt7=0
so you are telling me that the OS is higher than the AS? If you believe that I'm assuming that you are running right to the SEC to report your findings
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=uA3i2Ky6SnDuBS7V36y0Dg%253d%253d&nt7=0
I didn't catch that. I believe it should have been $20 also, but I've seen various explanations out there about what the final price should be. All are in agreement that if they take in multiple bid levels everyone gets the same price and they will get the higher and not the lower pps.
This definition states that if not enough shares are tendered then it would be the max price. I wonder if the author from the above was thinking about that scenario? I don't think the max price is going to matter to WNTR because the phrase "up to 1 Billion" probably excludes them from ever having to pay that out if not enough shares were tendered.
what is wrong about it?
Next month? who cares? Everyone but three people will have moved on by then.
abolutely. when BRZL issues a PR explaining the direction of the company this will fly
I do not want to email he TA. Claims are being made that the OS is constantly changing. where is the proof?