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Bridget21

11/07/19 9:17 AM

#4440 RE: quito_yume #4439

This mean we have to be patient! I will..
Bought the stock 1 year ago, so waiting 1 year or more is fine with me.
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Hunterdog

11/07/19 10:03 AM

#4441 RE: quito_yume #4439

As much as I like this company, it is not without it's problems.

One, and maybe the biggest problem right now is that the entire sector has fallen out of favor. There is carnage everywhere, from top to bottom, big and small. All have had the legs cut out from under them. This should self correct eventually.

The other big problem won't "self correct". That is simply the NGW is a micro-micro cap company. Even when they are running at full capacity and executing flawlessly, they will only be able to generate 30 - 50 million annually. While these numbers aren't chump-change, they aren't real head turners either. NGW will eventually have to build out the next facilities if they want to be a $200 - $300 MM / year company. The rub is that building out will require a mountain of cash which they simply don't have currently.

I still expect there to be a partnership / private placement with some deep pocketed sugar daddy to generate those funds.
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chuck29

11/07/19 4:42 PM

#4449 RE: quito_yume #4439

you better expect good numbers or this is going to .05 cents