Next Green Wave (fka NXGWF)

[Harpo1]

Cresus,

I am just being realistic...……...NGW has 156 MM shares outstanding

If it trades at $1.00 per share its market cap is $156 MM

With sales at $45 MM per year ( my forecast for 2020 ) then at the share price of $1.00 per share NGW would be trading at 3.4 times sales.

For now the market place is not giving the Weed companies this type of valuation.

It is more like approx. 1- 2 times sales depending upon market position and debt.

So there you have it in a nutshell...

Very early in the game...…..IMO we will see $1.00 per share and much more. But this is a much longer term play to reach these levels.

In the next couple of years as they build out their 50,000 and then their 250,000 sq ft. facilities as zone for on their existing site we should see much, much higher share prices. My thinking is to see the share price rising to the high single digits.

We all just have to be realistic here as to where NGW is at in their business growth.