Thursday, May 22, 2014 8:04:11 PM
They are reporting millions in assets and revenue and the float is small compared to many out there in this price range.
I say its time for a REALITY CHECK company is current been current and has good reports. Sometimes companies need a little attention to get the ball rolling. I trade everyday, all day and just jumped in for the MOMO but after checking it out the asset liquidation value is higher than the current PPS.
Most active pinks are trading at least 10x to 20x their liquid asset value. This stock is trading in a much better situation just in reported assets, leases and cash on hand the liquidated common stock value for 750mil is right at a penny :) this company continues to grow revenue and report its business. I think some may have had some bad beats on MJ plays but at some point the bottom has to fall out of every tom, dick and harry that opens up a weed store front. It was easy picking those for awhile and Im sure people got caught in them but seriously take a look at this and if you think its junk fine but if you run the numbers and look at the stock for what is being reported you might feel differently. Hell I know MJ stocks that would kill to file reports like Ive read on NWGC and are trading at .05 and better with a more diluted share structure. Just ask yourself this do you hate it cause its not sexy enough or was brought to attention by somebody you dont like? Or do you hate it for the financials? Easy answer is out there instead of reading posts about this or that I say do some DD and trade stocks :)
Tec
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