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So dramatic...trying to buy really low. It happens a fair amount. You can’t say whether it is fraudulent or not. Sean is the one who wanted PWC. Not sure you bring on one of the largest if you think fraud is going on. Ultimately, sales will dictate whether Namaste makes it long term. Not a good period.
Glad to Sean put out a final response that was well stated. Great day for NXTTF to move forward. Now let’s start selling oils.
Agree - Sean doesn’t get it. It is not about who should be running the company. It is whether they have proof he benefited personally from the sale. I am sure they have proof from the auditors and lawyers. He needs to move on. He should be glad he has skanked over 20M shares while there wasn’t an independent board.
It goes both ways - company that have lawsuits could be a good value. As long as the company is comfortable with the facts, then it shouldn’t hold up a purchase. Time will tell I guess. One key is the tech side - there is a lot of value in this.....Blissco is now using it for their site.
I believe that this will be a very positive thing for Namaste. It will be painful right now but long term needed to be done. Sean is more worried about getting in front of a camera than the shareholders of Namaste.
The sad thing is the guy has 20M shares from all the options he gave himself. That is criminal. He has never had a board that pushed back until now.
Either he did something wrong or he didn’t. I would believe they had evidence or they would have never done it. If that’s the case, then the lawsuit would have no merit. Sean will spin it but it won’t matter.
You know Sean is going to be a douchebag about this whole thing - that is who is. He is not real smart, but he isn’t dumb either. He will use the lawsuit to try and get some leverage.
Get what you are saying but Sean is too flawed to run the company long term. There are some really smart dudes running this now. I think there is more behind the scenes that Sean didn’t let the board know about (possible buy outs). Sean wanted continue to run the company (big salary and stock options every year). Why would he want to sell for $2 or $3 when he could drag it out. This was going to happen eventually glad the board did it now after reviewing the facts.
Maybe he is tied in with Sean.
This is good news - Sean messed up way too much and Meina is a very smart dude. It was only a matter of time for Sean.
Sean needs a game changer after all his fk ups last yr. pledge, pledge party, continuing with 420s, buying shares way too high then crashing the stock by $.20 by panic selling late in the year. He does a lot of both good and bad. We need more good this year and stop all the bs. Totally believe in NXTTF but need to produce sales. Should not be at $1.00.
Alan Brochstein is a big dbag and he has went after Sean a few times.
I will take a look - thanks for putting together. Appreciate it.
GW - we have NXTTF in common. What started you on TGIFF. My initial impression is that it looks very undervalued due to the business in the U.S. Thanks
I agree - very weird for him to bring it up like it was fact. Not sure what his motivation was. Whatever.
How do you know he has already written it?
Thanks - the link on the ihub page didn’t have the 2/5/18 and 11/3/17 information listed. I assumed they did complete 4 but wanted to confirm.
Is the plan for 4 dividends in 2019? There were only 3 in both 2017 & 2018.
Not sure this is about small retail purchases. The big money was going the other way and then Sean’s sales added to it. It got way undervalued compared to other cannabis and was at a good level to decide it was low enough. They have sinced turned it to the upside. All part of the game. Big money moves it which ever way they want.
That is a good point - pretty sure if he didn’t buy those shares he would have needed to sell. The problem is dumping a large number of shares when not much volume will tank the stock.
It is really obscene the amount of shares/options that small companies give to themselves early on in companies. The boards are run by the CEO so there is no pushback. Namaste’s board really needs to add some independent business minds. The 2 technology guys are smart as hell but not really can’t add much to Namaste.
It is already at a pretty low based on opportunities in 2019. Shit happens but the strategy is sound. It will be interesting to see as it develops.
You could tell someone was dumping shares on that day. It went straight down that day and it was constant.
I am sure he got into a pinch. I thought he had bought like $1,000,000 worth of stock at like $2.80 a share before Cannmart got approved. He is a mess and the best thing would for him to step aside and get a new CEO.
Rodge - you are so insightful. I love reading all your nuggets of information. Love your little tidbits of information on the political scene and Namaste. Keep it going - you are priceless. Thanks for sharing. Anxiously waiting for your next brilliant post.
Rodge - you are so insightful. I love reading all your nuggets of information. Love your little tidbits of information on the political scene and Namaste. Keep it going - you are priceless. Thanks for sharing. Anxiously waiting for your next brilliant post.
Here comes all the dbags from the stocks valued at $.009.
Pretty sure the price drop is due to the Bonify product issue. It was trading straight down. Not normal trading pattern even with major shorting. Namaste needs to give a response soon.
Not much Namaste could do about Bonify being a scumbag.....hopefully Cannmart was following everything on protocol. Pretty good chance Bonify will lose license if they went to the black market. I knew the drop wasn’t normal selling. They should respond on specifics once it is determined.
Should go after Cam Battley from Aurora - need some stability.
Are there some additional negative articles out there?
Not too excited on another supply agreement that is quite a ways off. It would be nice for an update on patients and how many are ordering. The 420s have outlived the their usefulness. If transparency was worth anything - we wouldn’t be at $.90 US. Time for sales/profit - not more talk.
No it wasn’t halted. If you are invested in this stock, you need to watch the Canadian TMX exchange. The Canadian market dictates the price, not the U.S.
US market closed yesterday - Canadian market shorted hell out of all cannabis stocks during 5hat day. This normally happens but think it will be close to the bottom.
The fact is there are UNLIMITED opportunities in this space. Namaste is not tied to Canada like most of the LP/cultivators. It is amazing they are still at a little over $1.00. Once Namaste gets some key learning from Cannmart, it will very easy to translate to any other country. It will be fun to watch.
You are getting weaker and weaker all the time. What a life you lead. Just leave please.
Normally always happens as the share is getting hammered. Buying tons of shares will push the price down - makes sense for only the Adxs ihub Board.
Adxs and Oncs - race to 0 thanks to Dan O..... who will get there first?
How is this site still selling weed? It is not approved correct? Won’t the government shut it down.