Thursday, January 19, 2017 8:36:29 AM
The filed merge 10-Q says: the company will sell 2000 000 units of shares at $1.00. Not sure this uptrend will last ??? days?
As far as how long the 'uptrend' will last, I have no idea. What I do know is cannabis biotechs are EXTREMELY HOT right now after what happened with Axim Biotechnologies Inc. (AXIM) which went from .20 to $20 in a matter of weeks.
AXIM turned early investors into millionaires. IMO, from a DD standpoint NEWG looks much better than AXIM in every way. Doesn't mean NEWG is going to run to $20 but I feel when the public finds out about NEWG that it's going much higher than $1.50.
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