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Carp302 - Company Posts Annual Percent Growth Rate of 960% -- that's great news for longs!!! I have been long for a while - now with the great financials the change in markets should make KONA take off.
Come on Kona .13 you can do it!!
OK, thanks for the reply. I thought it was just a play on COKE - news articles - suggesting they (COKE) were looking into MJ infused beverages. - Hope for the PLSB holders the stock rockets!
Just seeing the title of the news articles. PLSB following Coke into the industry. --- The Pulse Beverage Corp. Ready To Enter The CBD Infuse Drink Industry Behind Coca-Cola ----- What do they mean - is there a post where Coke is affiliated with PLSB? Or just a bait and switch saying PLSB is like COKE because both are into MJ beverages? -- Thanks in advance for any reply's. Great trades everyone
Z
MAKATIBUGATTI - as others have said - Thanks for your input on Namaste!
Thx for the post. Didn't realize they were so strict!
I believe they are running the stops into the close!!
Nothing yet on TD or Fidelity - yet!
almost 9:45 -- here comes the turn! -- Glad it was fake news!
? - Begging? -- Excellent post Green - very informative.
Thanks for the information, DG!
Capt,
I saw the same on SA board. Lots of messages there saying - perfectly legal to restrict individuals from coming into the U. S. that have business in the MJ Industry. But the law is 60 years old!!! --- And we are just now bringing this up? Funny just before the mid-terms. Also, with a NAFTA vote on-going with Canada. -- Just trashed a bunch of MJ stocks, and helped MM-s make a load of money!!
Good Trades,
Z
Penny Master -- I agree - they love to run the stops!!
DG Stocks,
I though I did well at .70 in Dec -- sold at $2.80 -- did this re-buy at avg. 1.20 in early Aug -- Yours: at .30 I sure could have bought a lot of shares!
Good trades everyone! Z
I'm liking HYYDF as a hold also - see how high it goes....
Beast! Ya'll did a great job while I was out. Had to run errands. $2.66 need to leave more often! On our way to to $3.00...!!!
Meima1955 – I feel the same way. I should not be investing as much as I did in one stock. Especially at my age – Ha! But, Namaste was very good to me last November and December so, I believe that this is an excellent risk/reward. Namaste has a solid plan! Glad I pulled the trigger – but like many wished I would have doubled down. Watching the trend up I am very excited too!
From a post on the Yahoo board! I know it-s old news but still good stuff! Good trades all longs!!! :^')
Namaste is pleased to report that it received communication from Health Canada on September 6th, 2018, and the Company would like to reaffirm that the application is progressing. Cannmart’s license, which is the first of its kind in Canada, will enable Namaste to procure and sell medical cannabis from both domestic and international Health Canada approved cultivators, which will be offered in an AI-driven e-commerce marketplace designed to provide a unique and personalized experience for each patient. Namaste has secured supply and holds inventory of a carefully curated selection of high-quality medical cannabis flower and oil.
For stocks like Namaste; .20 is great for one day, especially with the number of shares each of us own!! Just need to keep tacking on .10 days, then .15 days and so on!Great trades everyone, come on $3.00 and so on.
John, thanks for the update! Great news for Namaste! Namaste is getting better and better news. This is just the beginning of a long ride up.
Thanks for the post Kevin. I am going with a lot of trader-s this looks like a short term sell off. A sell-of not related to news. I was in a lot earlier - planning to hold into October. Plan is still the same - hope Namaste cooperates...........
Up Tick -- I don't believe that the news today was the catalyst for this stock moving up over the past week or so. Just some folks unloading a few shares, or more likely market makers playing their favorite game - run the stops before the next leg up.
Thanks for the update!
Thanks, JohnCM for the post! Great news for Namaste!
OK, read the article further, thanks again...JCM and others....Once these objectives have been achieved and following an initial inspection, Cannmart will be able to book a Pre-Sales License Inspection after which the Company will be eligible to receive its ACMPR Sales License. Cannmart believes it is well prepared and confident in its ability to execute and complete the final steps towards receiving its Sales License in a timely manner.
If Cannmart receives its Sales License, Cannmart will then operate as one of the first aggregators of medical cannabis, sourced from handpicked ACMPR licensed producers.
Sooo, this may be obvious to other followers, I was under the impression Namaste mainly sold other company's goods like Amazon. Much like a big company with sites in other country's that makes other producers products easier to sell. But, Namaste is waiting for a license so they can be a producer and sell on their own?
JCM - what License was referred to on the NXTTF board? I looked back but did not see a post. Thx. NXTTF -- get down below $1 so we can load the boat again!!!
I thought about keeping all of the 58,000 at .50 to .70 but then I thought about the gains. Sold close to 2.95 and 3.05 - did a re-buy at 2.30 to 2.40 -- but only 14,000 - couldn't sleep if I lost all of those gains!!! -- :^) - Best to all the longs!!!
I agree - Merry Christmas all Namaste Longs!!! Good trades everyone!
VICTORIA, British Columbia and VANCOUVER, British Columbia , Jan. 30, 2018 (GLOBE NEWSWIRE) -- Emerald Health Therapeutics Inc. (“Emerald”) (TSXV:EMH) (OTCQX:EMHTF) and Namaste Technologies Inc. (“Namaste”) (CSE:N) (FRANKFURT:M5BQ) (OTCMKTS:NXTTF) have signed a Letter of Intent (“LOI”) whereby Namaste and Emerald propose to enter into a definitive agreement (the “Proposed Agreement”) to collaborate on strategic business opportunities worldwide and develop a fully-integrated e-commerce platform (the “Platform”) to serve as a retail channel for Emerald’s patients. Under the terms of the Proposed Agreement, the companies would leverage Namaste’s existing consumer databases, site traffic and e-commerce technology for marketing purposes along with Emerald’s pharmaceutical and biotech expertise to develop medical cannabis downstream products tailored to specific markets and patients.
Great job Namaste on 133% increase in sales!!! - Couldn't resist --
Press Release: Namaste Announces Record-Breaking Quarterly Sales of $4.9M Representing a 133% Year-On Year Increase
BY Dow Jones & Company, Inc.
— 6:36 PM ET 01/29/2018
Namaste Announces Record-Breaking Quarterly Sales of $4.9M Representing a 133% Year-On-Year Increase
VANCOUVER, British Columbia, Jan. 29, 2018 (GLOBE NEWSWIRE) -- Namaste Technologies Inc. ( NXTTF
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) ("Namaste" or the "Company") (CSE:N), , (OTCMKTS:NXTTF) is pleased to announce the filing of its unaudited quarterly financial statements, management's discussion and analysis and certification of the quarterly filings for the first quarter of fiscal 2017. The statements for the period can be accessed on SEDAR at www.sedar.com. The Company's sales for the three months ending on November 30, 2017, were $4.9M, representing a $2.8M or 136% increase in comparison with the Company's quarter ended November 30, 2016. Gross margin also increased to 32% for the three months ended on November 30, 2017 in comparison to 28% for the Company's quarter ended November 30, 2016.
During the financial reporting period of September 1, 2017 to November 30, 2017, the Company focused on expanding sales in existing territories as well as in emerging markets such as Mexico and Brazil while reducing sales exposure in the United States.
The Company also sold its US assets and operations as a strategic decision to eliminate risk related to US market exposure.
The Company remains focused on achieving profitability and on launching its medical cannabis marketplace, NamasteMD, through our wholly-owned subsidiary, Cannmart Inc.
Quarterly Financial Highlights
-- The majority of revenues were generated by several key markets. The top
five countries generated 84% of revenues for the three months ended
November 30, 2017. In the previous year the top five countries generated
79% of revenues. The table below depicts gross revenues by country.
Revenues by country
November 30, November 30,
Country 2017 2016
Great Britain 1,233,983 547,281
Australia 1,516,582 -
United States of America 677,552 912,011
Brazil 354,444 101,923
Canada 355,632 80,238
New Zealand 104,484 134,168
Germany 262,610 23,437
Ireland 61,820 35,505
Israel 62,844 22,236
Other 301,160 230,389
Total 4,931,110 2,087,188
-- The Company's cost of sales for the three months ended November 30, 2017
were $3.4 million (2016 -- $1.5 million), which resulted in a gross
profit of $1.6 million (2016 -- $0.6 million). The gross profit increased
by $1.0 million or 167%, which is primarily due to the growth in revenue
outside the United States. The gross profit margin increased year over
year from 28% to 32% due to better operating efficiencies.
-- Operating costs were $4.7 million (2016 - $1.5 million), which is an
increase of $3.2 million. The increase in operating costs is primarily
due to non-cash charges of $2.6 million, which included share-based
compensation, shares for services, amortization of intangible assets, and
depreciation.
-- Selling expenses for the three months ended November 30, 2017 were $1.1
million (2016 -- $0.5 million), which is an increase of $0.6 million. The
increase is due in part to an increase in advertising expenses of $0.1
million and consulting expenses of $0.2 million. Advertising expenses
relate to online search services as well as other online promotional and
social media tools utilized by the Company to generate sales. These costs
further represent the Company's significant investment into search engine
optimization and its ongoing customer acquisition strategy. In addition
to this, there were non-cash expenses related to shares for services of
$0.2 million.
-- Consulting expenses relate to compensation amounts paid to various
companies and individuals for marketing, order fulfillment, customer
service activities, e-commerce product development, back-office
e-commerce support and sales commissions. The increase in consulting fees
is primarily related to information technology in order to develop
current and new revenue channels that the Company is working towards.
-- Administration expenses for the three months ended November 30, 2017 were
$3.3 million (2016 -- $0.9 million), which is an increase of $2.4
million. The increase is primarily due to share-based compensation of
$2.1 million and shares for services of $0.1 million
-- Other expenses for the three months ended November 30, 2017 were $0.3
million (2016 -- approximately nil), which is an increase of $0.3
million. The increase is primarily due to amortization of intangibles of
$0.2 million, which relates to the amortization of the customers list
from the acquisition of Australian Vaporizers.
Thanks for sharing, really good information for everyone!
Great news, Monolith. Can't wait until news in February.
Noticed that the other day -- they ran the stops down to $2.34 or so... MM-s -- gotta love them!
Got the same idea Tauby.. This is my largest play also!
Great News Bull Thx!!
BBQ Pizza -- That sounds good, but at first I thought you said, Bananas! Ewwwweee! I think that-s how u spell it!
We are getting moved to a bigger market? Yes?
I thought after MJ this might be the next big thing to invest it...!
Jm, what is this about, going to another exchange, resume trading, get their license to sell pot? What?
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GTR - thx for the update and the site, good to have.