Next Green Wave (fka NXGWF)

[JoshBosh]

I feel very negative about this new PR that came out for a couple different reasons.

First of all why in the world is the 5.3 mil loan at high rate of 10.5%. Interest rates are ridiculously low.

Second I have issue with them using this loan money and revenue from the private placement to lower the exercise prices of the debt conversions and warrants so big wigs can cash out at lower prices...all at the company and stockholders expense.

Third, and probably most irritating to me. They're also using this money to pay out stock options to themselves! Options that have exercise prices barely above what the stock is currently at.

They're cashing out at the cost of the company and at the cost of their investors.

And save me on the whole expect to be profitable first half of 2020. It costs them nothing to say this. Its a throw away line. I mean shit...they say themselves they're SITTING on (as in haven't sold) 1 mil in inventory. Its not good to be sitting on inventory when you make new inventory every 2 weeks.

Please...someone spin this for me and make me feel better about being underwater on this POS.