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Re: Hunterdog post# 7609

Thursday, 07/09/2020 2:21:15 PM

Thursday, July 09, 2020 2:21:15 PM

Post# of 14223
Hi HD,

I did listen to the March quarterly report very carefully.

And Mike made a very important comment at that public on line review of the quarter ending March 2020.

He stated that the current sales are now 90% bulk flower and about 10% pre roll products.

He stated as a goal for the company by year end that NGW would be selling 90% pre roll flower and 10% bulk product.

We can do some deep digging and make our own estimates but without much analysis we all know that the pre roll products sell and several times the price of bulk flower prices.

So even without the extraction facility adding much to this years sales numbers, I believe we will see a very large growth of monthly revenue.

In my opinion easily growing to $1.5-2 million U.S. dollars per month. And then early next year easily into $2-2.5 million U.S. dollars per month. And likely much more with the extraction startup and sales growth of the extraction product.

This should in addition move the profit into the 55-60% range. And this would be a game changer for the NGW business.

Growing the inhouse profit to easily pay for set up of other growing facilities in the second half of 2021. By leasing existing building near the home facility. Set up could happen in 6 months of less.


And the share price will move up accordingly.

GLTA

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