Hi Guys,
Sorry Tmack I beg to disagree...…...We are dealing with a mico cap penny stock. No listed company here that is follow by a brokerage house and their "expert" analysis.
That is the reason for us to do our own due diligence and make our own analysis.
For me the Yahoo site has correct information as stated with the market cap vs. sales.
We know the outstanding shares for NGW is at or near 155,000,000
And using the current share price of $.10 US we get the market cap at or about $15,000,000 US dollars.
This is all not that complicated. If NGW moves to $1,200,000 per month x 12 months we are trading at just under 1 times sales to market cap.
It is that simple. And that is why I keep adding to my position as $$$ allow.
GLTA
