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Re: None

Wednesday, 04/29/2020 2:39:08 PM

Wednesday, April 29, 2020 2:39:08 PM

Post# of 14223
Correct me if I'm wrong but aren't the quarterly numbers we have been waiting on for Q4 / 2019? As such, they will suck big time since the company was waiting for Track and Trace compliance certification before they could move product to market. So TMack; I don't see any way in the world they will be reporting $1MM / month for 4th quarter / 2019. Not even remotely close. Q1 and Q2 / 2020 and beyond are a very different kettle of fish however. In Q2, I'm expecting them to be very close to the $1.5MM / month in sales. That would give them an annual sales clip of $18MM or 2.5 times their current valuation in annual sales. Insanely cheap.

With favorable winds and a better climate in the Cannabis sector, we should see a valuation of 5 X sales. That would put NGW at somewhere between $0.50 and $0.60 / share.

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