Novus Acquisition and Development Corp (NDEV)

[MMJwizard]

Q1 2018 Results are out and another solid quarter of growth!

https://finance.yahoo.com/news/novus-reports-record-51-revenue-150000155.html

Novus Reports Record 51% Revenue Growth for the First Quarter 2018
ACCESSWIRE ACCESSWIRE•May 16, 2018
7 Consecutive Quarters of Revenue Growth Net Income Up 145% for the Quarter

MIAMI, FL / ACCESSWIRE / May 16, 2018 / Novus Acquisition and Development, Corp. (OTC PINK: NDEV), through its wholly owned subsidiary WCIG Insurance Services, Inc., is a diversified insurance entity in health, liability, annuity and accident, and, the nation's first carrier/aggregator offering a cannabis health plan, today reported financial and operational results for its first quarter ended March 31, 2018.

First Quarter 2018 Highlights:

Revenue increased 51% to $41,061 for the three months ended March 31, 2018, as compared to the three months ended March 31, 2017
7 consecutive quarters of revenue growth
Demonstrated 59% profit margin pricing structure in business model
Net income increased 145% to $24,097 for the three months ended March 31, 2018, as compared to the three months ended March 31, 2017
Shareholder equity remained strong at $1,422,777 at March 31, 2018, increasing from $1,360,207 at December 31, 2017
Cash and Cash Equivalents increased to $106,271 at March 31, 2018, from $102,888 at December 31, 2017