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Harpo1

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Harpo1

Re: BlueGreenPower post# 8273

Tuesday, 08/18/2020 11:25:52 AM

Tuesday, August 18, 2020 11:25:52 AM

Post# of 14223
Hi Guys,

Just some reality here. GRWG price to sales is currently 4.7 and their market cap is $631 million U.S.

However NGW current market cap is approx. $28,000,000.

And at run rate of sales at currently $ 1 Million per month gives NGW a price to sales of 2.3. And consider 2021 run rate of sales at $1.5 million per month give a future 2021 price to sales of 1.55.

For now in my opinion is the time to have confidence in the NGW business model. And as NGW meets its stated business objectives the price will follow into the higher valuation the market has given to profit making companies.

Adding to my position as funds become available.

GLTA

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