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Re: TMack01 post# 7289

Friday, 06/05/2020 2:55:58 PM

Friday, June 05, 2020 2:55:58 PM

Post# of 14223
Hi Guys,


TMack01 I do feel and share your pain. And I do agree that there were several miss steps that NGW that cost the company big time, and also put the company in a difficult financial position. Delays in project time table, miss direction of investments with no return on capital, management changes, delay in paper trail for California sales of Weed, and others.

But the last few months with the addition of the new board of directors member has shown good progress on turning this NGW ship around.

Getting rid of SD brand, although very costly was a great move. Also the removal of the overhead lease for the retail store, also a good move.

Focus on where is the money is now happening at NGW. Retail pre rolls instead of bulk sales, extraction start up sooner than later, and better late than never some day light on the progress of the Botticelli plantlet product.

Yes, the past year was very painful for us all. And very costly for most of us, me included. But I do like the current direction and current execution of the NGW business plan.

GLTA

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