Hi Guys,
A thought about 2021 for NGW.
NGW continues to add prepacked NGW items. NGW continues to expand and begin sales of cloned seedling with the Botticelli system.
They have started up and begin producing more flower in the original grow facility with the space free up by moving packaging and shipping to the extraction facility.
NGW easily moving into sales of $2,400,000 per month by the first quarter of 2021. So yearly sales for 2021 moving toward $28,800,000. And possibly more toward the goal of $30,000,000 per years in sales.
At gross margin of 60% and total yearly sales of $28,000,000 yield $17,000,000 profit. And earning of $.10 per share and stock price with a PE 0f 10 by year 2021 end moving toward $1.00 per share.
And yes in house financing of the next grow facility is easily within reach!!!
Startup of the next on location grow facility will begin construction in the first quarter of 2021, or before.
The NGW future is now becoming much more in focus for those of us who have followed this company for the last couple of years.
The above are my own estimates and by no way imply inside knowledge of NGW business or management goals.
Buying more as funds become available.
GLTA
