New Wave Holdings Corp C.NWAI

Might invest

[Patienceiskee]

With mushrooms psychedelics on the rise and this companies recent acquisition I thought the price seemed right right now to purchase this can they putting in for me different thanks

[Patienceiskee]

Can any investor that has followed this company fill in the gaps for me. What do you think

[ScarletSpider]

Gross sales are expected to be approximately $3.5 M for the year ended April 2021. Gross margins have historically been between 38% and 40% this is from December 15th news as well as today's that someone posted. You  have two strong positive things going for the company which is 3.5 million projected revenue with a 38 to 40% historical gross profit margins. The company

[SnoopDOdoubleG]

I was an early MMED investor and sold around $5 to buy this, DIGI and CBDT(best one in this space currently IMHO).  Spor as compared to the others in the space is as good a bet as you can make at this price. O/S count is much lower than TRIP still trading higher making this a good value proposition by contrast. GL

[Patienceiskee]

Thanks for all the information . Bought a bunch today and I might keep accumulating between 12 and 13 cents . Sounds like the company is opening up self to lots of opportunity in a growing Market. Cheers =SnoopDOdoubleG]I was an early MMED investor and sold around $5 to buy this, DIGI and CBDT(best one in this space currently IMHO).  Spor as compared to the others in the space is as good a

[Wantsomenuts]

What's the scoop on New Wave... there stock seems the most stagnant out of the shroom stocks... it's getting shorted haaard 

[ScarletSpider]

wantsomenuts, I will be 100 percent honest as i say this--I absolutely disagree with shorting and in the past I even hated it so much that it really bothered me. Despite strongly believing it should be outright banned I know that it will exist. Now here is the thing while my opinion about shorting hasn't and will not ever change my perspective as to my strong "hatred" towards it has

[ScarletSpider]

I added to my position at .125 but I strategically trade shares in quite the oddest way. I think this has great potential and only offered my extremely non qualified opinion as to the information at hand. I had projected out the .25 share value based on this reaching .50 or near it as it reached there on having less. The key factor of the acquisition of WOW is the historical gross profit margins

[whateveryousay]

I really think the bloom acquistion is going to be a big money maker Europe is leading the way in alternative health and CBD use.SPOR seem to be building a very good long term finacial strategy a lot of the competition are just promoting their mushroom research and there are dozens of high flyers with very low finacial prospects we saw it in the cannabis stocks a lot of hype and still no earnings.

[ScarletSpider]

as long as the company proves to how beyond recreational and nutraceutical. I held boss and it was truffles and mushroom teas good for this or that. I am not trying to knock supplements I take them and they are helpful the problem is there are tons of brands and this becomes about branding and proving your product offers higher potency and better results. There is less restrictions in evidence