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Re: dob77 post# 10900

Wednesday, 01/06/2021 11:15:16 AM

Wednesday, January 06, 2021 11:15:16 AM

Post# of 14223
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

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