Replies to post #8273 on Next Green Wave (fka NXGWF)

[Harpo1]

Hi Guys,

Just some reality here. GRWG price to sales is currently 4.7 and their market cap is $631 million U.S.

However NGW current market cap is approx. $28,000,000.

And NGW has an annual run rate of sales at currently $ 1 Million per month gives NGW a price to sales of 2.3. And consider 2021 run rate of sales at $1.5 million per month give a future 2021 price to sales of 1.55.

For now in my opinion is the time to have confidence in the NGW business model. And as NGW meets its stated business objectives the price will follow into the higher valuation ( and higher price per share)that the market has given to profit making companies.

Also just keep in mind for now the total weed sector is underperforming and most stocks are selling off in the weed sector.

Adding to my position to NGW as funds become available.

GLTA

[Harpo1]

Hi Guys,

Just some reality here. GRWG price to sales is currently 4.7 and their market cap is $631 million U.S.

However NGW current market cap is approx. $28,000,000.

And at run rate of sales at currently $ 1 Million per month gives NGW a price to sales of 2.3. And consider 2021 run rate of sales at $1.5 million per month give a future 2021 price to sales of 1.55.

For now in my opinion is the time to have confidence in the NGW business model. And as NGW meets its stated business objectives the price will follow into the higher valuation the market has given to profit making companies.

Adding to my position as funds become available.

GLTA