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jbsmither77

12/18/20 6:37 AM

#10644 RE: craignortheast #10643

In the short run price is not related to value, only over time will the price begin to reflect it’s value. We all got a great deal, stop reading the news, stop reading the boards, and just wait. Just be happy where we are cause if the price was the other way around, way over value, none of us would have bought this.
Price right now is related to investor emotion and not it’s value.

Hunterdog

12/18/20 7:26 AM

#10646 RE: craignortheast #10643

Craig:

I'm going to try and convey Mike's comments to me regarding yesterday's release of news and the plans for expansion. Bear in mind that it's all a paraphrase but I'll try and convey his comments accurately.

It can be argued whether or not the company handled the release of the news appropriately and whether it warranted a halt to the trading. But one of his goals was to draw attention to the company, through social media platforms and cannabis related message boards. And toward that end, he was successful. NGW had TWICE the traffic and comments yesterday than did Tilray, who by the way has just brokered a multi billion dollar merger.

Also too, Mike said (and here I have cut and pasted his comments to me.

"4. We still are active on the “Traditional” IR front, as either today or tomorrow we will be published in the following (note that everything below was done at $0, amazingly we used to pay for all these services….now they just seem to do it for free):

• Benzinga Cannabis (tomorrow)
• StockWatch (tomorrow)
• Cannabis FN / CFN Media (Next Green Wave Confirms Expansion Plans - CannabisFN)
• Investing News (Next Green Wave Confirms Expansion Plans - Investing News Network)
• Proactive Investors (Next Green Wave Holdings Inc in expansion mode with plans for an indoor cultivation facility in California (proactiveinvestors.com))
• Technical 420 (tomorrow)
• StockHouse (Next Green Wave Confirms Expansion Plans | 2020-12-17 | Press Releases | Stockhouse)
• Before its News (Next Green Wave in expansion mode with plans for an indoor cultivation facility in California | Financial Markets | Before It's News)"


This is all FREE coverage and presumably all of those forums will generate investor interest.

So we can long debate the appropriateness of halting trading for this news, but I think way too many investors are categorizing it as a nothing-burger, when in actuality it was huge, huge news.

Would I have halted trading for this PR? Probably not. But I'm just an investor with a few shares and as such I tend to look at everything through investor's eyes.

Frankly however, I doubt the importance of this expansion can be overstated. As I opined yesterday, it marks the next chapter in the company's life and will propel us from a tiny craft cannabis grower into a major player in the California market.

And Mike has repeatedly shared his vision for NGW. How did he state it in the recent interview? "Manifest Destiny in reverse. From Coast to Coast, but going from West to East".

Like never before, I think NGW is destined for greatness. Not just in California, but Nationally.

The sky is the limit.