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Re: TMack01 post# 7280

Friday, 06/05/2020 12:47:49 PM

Friday, June 05, 2020 12:47:49 PM

Post# of 14223
Hi Guys,

TMack01 my thinking is by year end NGW will have issued 2 quarterly reports showing their revenue and hopefully continue profit growth.

Thereby establishing their business as a real growth money maker.

And that is the reasoning for the reasonable 4 x price to sales multiples.

With high growth companies this could also be much higher than 4 x sale market cap.

But I guess we will just have to see how the business for NGW works out.

With any reasonable market conditions for the WEED in California for me NGW will do very well.

Also Mike did comment that currently there is a shortage of very high content THC flower product. And that they are selling all that they produce.

GLTA

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