Next Green Wave (fka NXGWF)

[Hunterdog]

"At December 31, 2020, the Company had an accumulated deficit of $15,950,090"

Wow. Almost sixteen million dollars. That's a lot of money. Oh wait, that's about the amount of money required to start a California based Cannabis company, to acquire land, build a facility, equip that facility, obtain licensing, hire staff, get listed on an exchange and incur all the costs associated with starting such a business from the ground-up. In that case, it isn't such a large number after all............in fact, they have accomplished an astonishing amount while having spent only a fraction of what others have spent in starting their cannabis endeavors.


"and the Company had historically incurred losses."

And "history" changed 12 months ago when they turned profitable......and have remained profitable for the past twelve consecutive months.