Replies to post #10974 on Next Green Wave (fka NXGWF)

[Harpo1]

Hi Guys,

More things to consider from yesterday's Form 7 release.

Management confirms the project to construct their new flower grow facility. And that once in total production the total flower capacity for the company will approach 20,000 pounds of flower per year.

So lets figure potential for sales dollars annual run rate starting when in full production. Management has stated that the new facility will be in production by the 4th quarter of 2021.

And we know that NGW has a 70 day grow cycle. So lets call this 3 months and addition 3 months to fill all the rooms and shake out all the new startup bugs.

So sales should really begin to ramp up with 3-4x times late in in 2022.

We know that retail sells 1/8 oz. of ultra high THC Cannabis flower at $70-80

So lets figure that NGW sell wholesale for $30 per 1/8 ounce.

Therefore $30 x 8 = $240 per oz. or $240 x 16 oz/lb. = $3840.

Annual run rate would figure at $3840 x 20,0000 = $76,800,000.

And lets add easily 30% for vapes, rolls, lotions etc. $15,360,000

Total projected annual sales run rate $92,1600,000.

In addition lets work with market cap at 3 x sales = $245,760,000

And shares outstanding (now stated at 177,000,000) at 200,000,000

Price per share projected to be $245,760,000/200,000,000 shares =

Share price projected to be $1.23 USD. by the 3rd quarter of 2022

or sooner.

So there you have it guys. Look very bullish to me.

Buying more as funds become available.

GLTA

[DevilDog0651]

Isn't this in every release?

1. reviewing opportunities and strategic acquisition with the view of enhancing shareholder value.