arfarfman
Posted - 1 year ago
@Mick1963 I mean what do you expect with the trading halt, no one cares. I have 400k shares and I wait for better days... reminds me of $NXGWF opportunity at this price, except this one is riddled with this halt and barely an update for a year with these missing financials. Seems like they were killing it until last year. we need answers!! My other small cap cannabis holdings are $PLNH $SHWZ $HITI all of which I expect to double, triple soon enough
Sfinvestor13
Posted - 1 year ago
$PLNH I think it’s time to sell my remaining shares of this while the share price is still above my average and by this garbage when it’s under a 1.10 which will be no time. $NXGWF AND $PLNH screwed over their investors big time with the merger.
Hunterdog
Posted - 2 years ago
$HSTRF This company just might be the most grossly undervalued security in the entire sector. 1. Profitable. Almost unheard of in this sector. 2. Perhaps the most qualified board of directors I’ve ever come across. Not a weak player on the board. True Blue Bloods of the cannabis sector. 3. They have CASH! Cash is King, especially when looking to buy other undervalued companies in the sector. Let’s face it………….there are a lot of cannabis companies who are struggling and some of those struggling companies are DESPERATE for a way out. In steps a buyer with cash in his pocket. Boom! Company A is bought for Cents on the dollar. (See $IONHF) or ($NXGWF). Ionic was indeed desperate and Yourway stepped in and bought them at a nice discount. Next Green Wave was NOT desperate, not even a little bit, but Planet 13 came courting with pockets full of cash, and P13 made the deal of the century in buying NGW. The point is, $YOURF has cash and is looking to expand.
arfarfman
Posted - 2 years ago
$NDRA I plan to continue to add to my position here under .30. Target $1.20's (MA50 weekly). That will come down a bit the longer we are in this range, but roughly 3-5x's from here imo. Then sell half, hold the rest. That's the plan anyway. I've repeated this process in countless other stocks $ASAPQ $CARM $NXGWF more recent years as they all were beaten to mere pennies at one point and then moved higher in the year or so after. Those plans didn't fully work out like I thought to this day lol but I'm holding a lot less shares of each. BUT what did work out is selling half for my original investment and some gains! $NDRA is just about a lock imo
Hunterdog
Posted - 2 years ago
@devildog065187 Yup. The Cannabis sector can be brutal...........but when it lights-up, it is amazing. I remember the day when I was down almost $200K on $NXGWF. Of course I was tempted to hit the eject button back then, but every time I re-examined the company, I grew to like them more...........and I bought more. Then just six months later, I was up around a million dollars, so when it swings, it swings huge. Right now, I've been acquiring $YOURF. They are the ones who remind me most of $NXGWF "back in the day". They are profitable and have an absolutely incredible Board of Directors who are true Blue-Bloods of the Cannabis sector. Give-em a look.
Hunterdog
Posted - 2 years ago
$HSTRF This reminds me of my early days in $NXGWF (now $PLNH). And just like then, I am adding and adding. Very undervalued and huge potential.
arfarfman
Posted - 2 years ago
@Waller0303 wow 2 yrs! Well I can tell you this much, it’s still a roll of the dice anytime liquidity is nothing and stock is virtually ignored. It could be 2 more years or next week. However revenue is their and a model for success or consolidation in this sector especially. John knows and wants this. The last deal fell apart. So Ionic getting crushed is a combination of that, the sector, overall market factors and Lobe being broke so selling their millions of shares in a stock with no buyers. Buyers have to step in, but where will they come from? $NXGWF was a prime example of patience and execution by management to eventually get acquired by $PLNH . I saw it happening but not when I expected. Ionic needs to wake up and inform the public, bring in investors like Mike from $NXGWF did. Do a conf call, don’t sneak by filing a tough quarter under our noses. we know it’s tough out there. Let us know what your doing, hold a conf call! Take a lesson from Mike Jennings @ now $PLNH
Hunterdog
Posted - 2 years ago
@EMD00 As a $NXGWF convert, my dollar cost average is $1.38. It's been a nice week indeed. Hoping that the quarterlies surprise to the upside. Go $PLNH
Hunterdog
Posted - 2 years ago
@Chusquillo11 It could be an $NXGWF shareholder wanting to liquidate before the weekend. No worries. Quarterlies are just a week away and should be pleasing to all.
arfarfman
Posted - 2 years ago
@Jpwkeys agree, at least sure seems that way. A lot of people said that 2 years ago too for many of these small cap stocks, including one I loved $NXGWF when it was at .04. Then cannabis woke up and $NXGWF (now $PLNH) went to .90+ w/similar share structure and rev per Q. Granted they achieved +EBITDA too, but Ionic is so close. Market cap is now 1.2 M! OS 265M this is nuts on 7-8M per Q rev. No respect, none. I'm just holding now... Market Cap 1,191,088 03/16/2022 Outstanding Shares 264,686,182 03/09/2022 Restricted 19,938,414 03/09/2022 Unrestricted 244,747,768 03/09/2022 Held at DTC 30,025,262 03/09/2022
Hunterdog
Posted - 2 years ago
@Datesy I believe that Mike Jennings is now the President of East Coast Operations and as such, is spearheading the Florida expansion. If ANYBODY can accomplish what he has been charged with, it is Mike. He was responsible for the incredible success of the Coalinga campus of $NXGWF and under his direction, I have no doubt they will achieve the same results in Florida for $PLNH. Nobody.........and I mean NOBODY, knows the industry better than Mike. He is pragmatic and relentless in his determination to achieve goals and milestones. Also, Mike is incredibly gifted at team building. Look for great things in the future from the East Coast operations of P13.
Hunterdog
Posted - 2 years ago
@Tantani Unless of course, you are the one being acquired. $NXGWF shareholders took a huge beating because of this buy-out. Yes, it was a great deal for $PLNH, not so much for Next Green Wave shareholders.
Hunterdog
Posted - 2 years ago
@Tantani Not enough. $NXGWF (Next Green Wave) was insanely profitable. They consistently produce some of the highest quality cannabis products available anywhere at any price point. It was a steal at the purchase price and will help P13 turn profitable during the current fiscal year.
Tantani
Posted - 2 years ago
$PLNH how much did we pay for $NXGWF ?
Hunterdog
Posted - 2 years ago
$PLNH Damn. Not the transition from $NXGWF any of us had hoped for.
lsanti67
Posted - 2 years ago
$NXGWF The deal went through Schwab already concerted my shares a automatically
arfarfman
Posted - 2 years ago
@J550 $IONKF I hear you and agree you never want losses, but almost positive EBITDA. 7M per Q, is about 28 M annualized. I believe we get 4th Q results end of march. literally this is about a 1.4 M market cap with OS, although it is growing a bit. Hopefully they do what the say and get prudent, get Lobe out of the way, and consolidate with a larger company interested in bringing multiple revenue streams. This is exactly what happened with $NXGWF and $PLNH . I would argue that Next Green Wave was more prudent for sure and thats what got them the sale quickly.
duckgooseduck
Posted - 2 years ago
$NXGWF Can anyone offer an update on when the deal will close? I no longer have access to my shares in Schwab so I’m assuming (perhaps foolishly) that things are happening behind the scene and one day soon I’ll wake up with Planet shares. Thanks
quito_yume
Posted - 2 years ago
$NXGWF Looks like I might have to actually do something to get my shares transferred to PLNHF. I'm not certain. All the other merges I been a part of happened automatically... "... in order to receive the portion of the Planet 13 Shares to which they are entitled, registered NGW shareholders are required to deposit their share certificate(s) or DRS statements representing their NGW shares, together with a duly completed letter of transmittal, with Odyssey Trust Company... "
Hunterdog
Posted - 2 years ago
$NXGWF NEWS!!!! NGW trading halt at the request of the company pending news release.
clarkehere
Posted - 2 years ago
$NXGWF looking for some advice, was going to start a position into this to diversify my cannabis portfolio. Although I’ve never bought a company prior to being acquired. Is it still possible to buy Monday or should there be a reason to wait? Thanks ! Love the cannabis sector
Stock_Titan
Posted - 2 years ago
$PLNH $NXGWF Next Green Wave Shareholders Approve Acquisition by Planet 13
https://www.stocktitan.net/news/PLNHF/next-green-wave-shareholders-approve-acquisition-by-planet-s7m3qoalbocj.html
Newsfilter
Posted - 2 years ago
$NXGWF $PLNH Next Green Wave Shareholders Approve Acquisition by Planet 13 https://newsfilter.io/a/a10b18c44cd96c9312073e30c1f74275
YM4208
Posted - 2 years ago
$NXGWF shareholder meeting at 10am PST for $PLNH merger vote
https://web.lumiagm.com/ meeting ID 247597353
arfarfman
Posted - 2 years ago
@T_Bagger funny how you cant get rid of stock sometimes then fast forward a year and everyone will pay 1,000% more. Last one was probably $NXGWF was in for700k shares at 4-5 pennies at one point and went to over .90. That seemed like more of a sure bet, very conservative moves. These Ionic guys seem to walk to the beat of the same drum as others, however I am intrigued enough by rev to be in for now this low
quito_yume
Posted - 2 years ago
$NXGWF Considering the share conversion that's going to happen soon this is a pretty good deal. If you are sick of MJ then just wait until the conversion happens and then sell. Or not.... ;)
devildog065187
Posted - 2 years ago
$NXGWF Wow, super quiet past few days. I had such high hopes for this stock...
quito_yume
Posted - 2 years ago
$NXGWF Actually got a phone call from someone representing NGW reminding me to vote.
Hunterdog
Posted - 2 years ago
@micklockwood @msweenuofm #1: I am not promoting another stock on this board. #2. I DID mention $NXGWF, a company which is being acquired in whole by $PLNH, so NO, I am not "promoting another stock" on this board. Or did you not know about the acquisition?