Next Green Wave (fka NXGWF)

[Harpo1]

Hi Guys,

Bad quarterly results for NGW. Delay in construction and increased cost

in construction of new facility. Beyond management controls.

Lost sales do to upgrade of equipment. Within management control.

Product shift in mix at retail level. Within management control.

I give NGW a grade of C for the recent quarter.

Mike Jennings you need to move back to Coalinga and keep your eye

on the business at hand. Living in Las Vegas just does not work long

term for growing a profitable business.

But some significant business direction changes also noted.

1. Start up again of retail outlet for NGW branded and other products.

2. Processing and selling 3rd party produced Cannabis product.

For me I give NGW a B+ for this change in direction that in my opinion

could lead to higher margins for their products.

Overall I give the quarter results a C

I am not selling any of my shares. However I am not buying more as

funds become available.

GLTA