RE:Nammy NewbiesTheRizjackal wrote:
FYI, for those of you who haven't followed Namaste Tech for very long, they are super close to getting their sales licence - they're having a shareholders party in Montreal on September 15th. The Health Canada final inspection for their sales licence took place end of July. As others have mentioned before, the licence usually is granted 4-6 weeks after final inspection. Guess what Tomorrow is - week 4 - HC grants licences at end of day on Fridays.
Very possible stock halts today - if you haven't already grabbed some shares of N do so before it takes off on the news and before any halt. They will have more news in addition to that announcement...we already saw some of that earlier today, thanks MartyMcFly.
If not tomorrow, then the following Friday, August 31st, worst case, by Friday, September 7th. As those Friday's are Weeks 5 and 6 respectively.
My gutt is telling me, there's NO CHANCE the CEO Sean Dollinger shows up at the Gala Event which has been planned for months without that LICENSE in hand (plus he has another big piece of news to announce, which he's saved for the event - it just gets better and better).
The Event was planned for mid-August initially but then got pushed back to September and set at a date which they knew would be 6 weeks after the final inspection (and the HC inspection date was not announced at that time, just new date for the Event). The news on HC final inspection having taken place came out after it happened, in August.
Don't forget NamasteMD (their APP) has already started being promoted in the Toronto area - ask yourself, why would you start spending ad dollars unless you knew you were getting that sales licence very soon? I predict they start luring away other LP's clients very, very soon...and we will also see just how Relevant that IcMD deal really is.
Now, Nam away at that $2 wall propped up by desperate shorters!
Cheers
haha k buddy go to the party on the 15th...I'm going to the one on the 12th