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Harpo1

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Harpo1

Re: craignortheast post# 10548

Thursday, 12/17/2020 11:36:45 AM

Thursday, December 17, 2020 11:36:45 AM

Post# of 14223
Hi Guys,

If you drill thru yahoo finance for the details RWBYF has a similar capital structure to NGW.

Also their current revenues are approximately $6,000,000 per quarter. However they are loosing money.

And their valuations are at or about P/S of 4 x.

What is interesting to me is that RWBYF was able to engage financing of $60,000,000 at 7% interest.

So the big question ………..why is NGW price being held down so low.

I just guess that we will have to wait until the news is released.

Buying more as funds become available.

GLTA
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