Thursday, February 07, 2019 2:04:22 PM
Here is how I see this playing out. If I am wrong, I will admit it, eat crow and drive on but here are the possible scenarios as I see it:
1) The company is preparing for a buyout. My best "guess" is between $2-$4US. I originally said $3-$5 but I think that is a little high as this is potentially a billion dollar company ($3.33/sh US) but I think it is a stretch to predict its worth more than that without seeing first financials with a full quarter of MJ legalization
2) Laurens Fenstra and Branden Spikes saw the potential of Namaste, forced Sean out and are preparing to take the company to the next level. I believe one of them (or someone of their choosing) will be the new CEO and we will know that very soon. It will not be Mani.
This has all been in the making since December. Removing Sean is one step in a much bigger plan. Sean is not the only one with a vested interest in Namaste. The remaining people at Namaste have a ton of shares and you can bet your ass they are going to make those shares worth more than they are today.
Remember: Management already knows the plan. It would make sense they would allow the share price to go down during the transition if they knew the plan was going to add value
The question is: Do Namaste investors have the patience to see what the plan is before selling??
JMHO
NXTTF
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