Hi Guys,
Yes, we mostly all are a bit impatient with the pricing of NGW stock. As for me I really thought that we would see an upwards move into the very low $.20 U.S. range.
But, the weed sector is just not getting any of wall street money and attention. In fact again today there is much selling and down side movement in most of the weed stocks.
So there you have it Guys, in a nut shell. In my opinion NGW will trade sideways at these levels for the next several weeks. And or until there is a business development news release of substance.
That being said, ie. the extraction facility startup and or new products, of vape, sauce, gummy bears, beginning to bring in significant revenues.
For me I believe in the management, and their business plan. They are serious professionals with a special talent in growing very high quality weed and weed products. They added nicely to their board of directors to support the business plan. They improved there financial reporting and are now fully audited. NGW will continue to build their brand. And will do so with much professionalism. Bring profit to themselves and those of whom invested in NGW.
In my opinion I am adding at these levels as funds become available. And will not consider selling any of my positions until their business plans start to change to the downside. I plan to hold this investment for several years.
GLTA
