Hi Guys,
Cannabis sector heating up today. With many companies adding 10p% or more to their share price.
Guys, really NGW is just way under valued even with todays run up in share price.
So lets say NGW moves up to $.35 USD. Market cap would be at
$.35 x 170,000,000 shares outstanding = $59,900,000
Mr Jennings stated at the last CC that he projects salesrun rate at $20,000,000 per year.
So price to sales is currently at $59,900,000/$20,000,000 = 2.97
Cannabis sector is currently trading at price to sales of 3.5-4.5
Buying more as funds become available.
GLTA