RE: Average, so you can make profit earlier.Meni is all talk since he's started. Fumbled Choklat, fumbled Ignite, fumbled Labs. Lied to shareholders at Town Hall, diluted shares since they burned through their "war chest" (we'll see just how bad the balance sheet was in march).
They are still telling... all the NR's in January were fluff to pump up SP for the financing. They haven't followed through on anything but promises of some future state of the company. You wonder why the SP doesn't move any more with NR's; it's because investors see through BS and are waiting for them to actually execute on something. They've been pumping Labs licence for so long that even if/when they get it, the SP won't move, it's already built in.
They need to show they can execute on cannabis before they skip into 2.0, the US or now the outlandish promises of shrooms. Great marketing company, terrible at execution.
Do your own DD and don't listen to clowns that fail to understand how this company operates (Donkey, Lhama, NinjaBumSkin, Stalkhouse (might be an actual clown))
whisky11 wrote: In one of the previous videos , Meni Morim said something like this ; if Henry Ford was listening to the customers he would get them faster horse. In reality they wanted to travel from one place to another faster ( and more comfortable ,this is my personal opinion I rode horse and the car, on the bright side horse sniff your face) and safer. So, Namaste management were selected and hired for purpose of creating new and revolutionary products for the wellness, there’s not gonna be any competition, guys building wellness department are professional with the history of success.
PS. If you paid more money for Namaste stock then today’s price, the only option is to average it down.
If let's say ,some company is in danger to go under, then you have to jump the ship. Namaste will be bigger and richer company for many years to come , the solution is to average so you can make profit earlier.