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It’s coming soon
If call goes well. We will see $.18 next week.
It will move the needle. I’ll be moving it as well.
News out. Conference call today. Over $3m in revenue for the months of March, April, and May. Positive cash flow. Things are starting to click.
Chuck. I know you're an emotional roller coaster and you gambled on an OTC stock that you now realize was a tough investment. I've been running start ups for 20 years plus. Almost went public twice but steered away due to the burden of appeasing shareholders. Let me be crystal clear. This isn't an easy by any stretch of the imagination. Even if you are seasoned at starting a publicly traded company, the workload is insane. Don't make accusations of stealing because you're on a keyboard. Don't say you're going to buy 10% when everyone reads through the panicked hyperbole. NXGWF is going through an incredibly tough time due to covid. Small businesses are filing BK by the masses. If they have a conference call tomorrow, great. Ask your questions and get your answers. 2020 is a disaster for most companies (mine included). These guys are overwhelmed as most are. You and I put money into their vision and dreams. I'm sure they are grinding like most to make everyone money. I've been very pessimistic towards the company in the past 9-10 months, but I'm turning the corner. It's time to be positive and show support because they need it. Grab a beer and and take your boyfriend out to a tube steak tonight (only kidding).
Chuck - no offense but that's just dumb. Taking a 10% stake isn't going to change anything. What do you think that's going to do? You're going to come in and show them how to run the company? lol.
I stated months and months ago and got blasted for it. Growing pot isn't difficult. Selling pot in a saturated and competitive market is VERY difficult. Running a start up is also very difficult (hence the reason most fail). There are a lot of good growers in the state of Cali. Selling comes down to branding, potency, network, and delivery. Extraction facility is the least of the concerns right now IMO. Selling should be the number one priority. Lots of inventory to liquidate and there's no reason to keep adding inventory unless you can get it out of the warehouse.
They pushed it to the 15th now?
Tried setting up a call last week via their website portal. Picked a time slot and left phone number. No response. So if it’s that easy to talk to them when are they releasing financials? Tonight, this week, next year?
Got over 100k invested in this start up. I'll say whatever I want too about management. They suck at investor relations and stock holder value. It's not difficult to have conference calls and report earnings. Basic elementary stuff for a publicly traded company.
Only 100 people even know about this stock... better release numbers in 5 mins.
He means heavy compared to the $2000 a day average.
Your guess is as good as anyones. No mention of it to investors via email or website that I can find.
They certainly don’t care about us. That’s been proven. Just hope they are selfish and greedy about making money (that isn’t wasted) at this point.
Hard to say. New investors were exposed, oversold and original investors buying more before earnings, or pumped by someone to exit.
Looks like the buyers dried up.
Looks like headed back down. Hasn't been able to hold gains.. ever.
Great week so far. Hopefully we can keep some support in this range and build off of it. Still very weak bids but better than the last 12 month bids. HEXO took a beating today. Down 30% after offering. Good time to grab some of it and ride it to the .75 - .80 range. Offering was at .90. easy money.
A whopping 395 shares bringing us to $.046 USD SP. What's the odds of financials coming out tomorrow? If they don't, this company has just failed on all facets of shareholder compliance.
Don’t hold your breath too long. Hopefully will be posted after hours today, but you never know. Could be end of April.
Absolutely. Thanks Nam, much respect. I may overdue it sometimes but just speak my mind. I have been accumulating more. Like I said, this stock will depend on numbers and exposure. It’s very risky as we’ve seen, but the reward can be YUGE. Have a blessed weekend. Stay safe.
Hope you guys are playing the other cannibas stocks right now. They were way oversold and making huge moves.
I've been in the cannabis industry and have invested in it many times. Cannabis went parabolic in 2010 and then the bubble burst and 99% of publicly traded companies went belly up. I've also invested in CGC, ACB, TLRY, HEXO, VFRM. Only difference between them and NGW is I sold them off when I had a profit (except HEXO, but didn't lose much). I've held this and will continue to hold as it makes no sense to sell now. Difference between those and NGW is they are obviously on big exchanges and investors know about them. However, they are all slurping swamp water for the last 18 months and appear to be on the verge of going BK. NGW is way too hard to guage as we aren't given any information accept a few staggered press releases every 4 months that give us very little information. The last two press releases were much better, but with the market in turmoil over the virus no one cared to dip in. IF this company was a golden gem, they would of been sniffed out by now IMO. I mean to grab a million shares for a measly 50k and no one is buying tells the story.
If they don’t have a conference call it wouldn’t surprise me. Just another indicator of amateur hour by the execs. That’s old news. I’m curious to the cash position and if they are padding their pockets. Solid numbers and guidance still get NGW very little attention. Especially when only 100 people see it and blue chip stocks are on a 30-70% discount right now.
Clone - you on Stocktwits posting about slurricane? If so, keep it up. I’ve tried to generate excitement about NGW on ST but most don’t care due to it being OTC.
Yep. Leigh brought in just about all of us bag holders. Mike - not so much. Still time for Mike to learn or better yet hire someone who can advocate. Still hoping that will happen if numbers are solid. Speaking of, when are the earnings going to be released?
Negative facts are still facts. This stock is in a sea of meaningless penny stocks with zero exposure. I've dealt in this space for quite some time (knew the risk) and will continue to hold it. However, when a stock gets in this territory, it's very difficult to get out. I'm holding 400k shares at an avg of .22 now. Good luck to us all, but odds are deeply stacked against us. Hope i'm wrong, but experience is what I'm going off of. Glad we still have some optimistic posters on this board, but i've got a lot of investors in this with me, and let's just say we aren't too thrilled at this point. Not too mention the entire space of pot stocks have crushed many portfolios with very few positives in the last 15 months and counting. Market is setting up for a great buying opportunity over the next 4-6 weeks so at least can make good money in other areas.
Market tanks, we go down. Market soars, we go down. What a mess
He clearly isn’t equipped to do that. He’s over production. Hard to do both. Best move will be to bring on a qualified CEO when they become cash flow positive.
It's the industry more than the market. This industry has been in free fall for a year. Rest of the market was up 30% and this industry fell 70%.
market has no clue about it.. that's the problem.
Looks like Hexo gonna be trading at .05 before too long. Tilray complete collapse as well. Lot of big boys heading towards bankruptcy. May be good for NGW..
Awful day to release your best news ever. Scary that with this news and the ability to add 1000 shares for a measly $50 and no one is even interested.
Certainly doesn't look like anyone cares yet. No buying on this news?
best news possible. congrats. now let's see how many buyers it attracts. i'll certainly be adding more. i stand corrected. way better results than i predicted.
https://m.benzinga.com/article/15489825
Big boys getting slaughtered. Tilray price target $0. This sector is looking like 2009-2010 all over again. Parabolic rise followed by ladder steps to bankruptcy. Thankful I got out of ACB and Hexo for a profit. Just wish I would of dropped NGW at the same time. Market is tricky. Hoping NGW can pull a rabbit out of the hat. I’ll take .12 at this point.
Hunter. First of all I’m a large holder and have been since the beginning so I’m hoping for the best. Flower is everywhere in the state of California. It’s everywhere period, hence the reason that the cann industry as a whole is getting crushed harder than any sector in the market. Growing flower isn’t hard too do and they’re are plenty growing it illegally and distributing it especially in the state of cali. I don’t know what is going on at NGW, how could you when they tell us nothing. Proof will be in the delayed earnings. I’m not very optimistic.
I wish that could get me excited, but flower is everywhere.
My biggest loss in a stock. Drank the cool aid ??. Market been incredible last couple years, at least that has softened the blow.
Sure you do.