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Re: PotterBanker post# 25173

Wednesday, 03/06/2019 10:28:48 AM

Wednesday, March 06, 2019 10:28:48 AM

Post# of 35276
Potter,

We seem to be dangerously close to a figure that makes Namaste an attractive purchase for the right LP.

Mention this so many here don't dump below an accurate valuation. Yes, realize we are a long way away from knowing an accurate valuation.

At $.50 we are only a tad above a $200 Million market cap. For a company with existing globaldistribution channels, a global footprint (at least for sales of vapes and accessories) and many partnerships (Pineapple Express, etc) they seem very attractive to the right LP. Especially with $30 million and more likely $40 million in the bank. That takes the net cost down to a mere (haha) $170 million.

Would need to be a global player like Aurora or Canopy or one wanting to catch up.

I had sales in down to $.50 and pulled them. Hate trading on emotion.

Your thoughts?

Pulled a Maxwell Smart two days ago...almost sold out with intention of buying more Aurora. That would have been brilliant. "Missed it by this much".

GLTA
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