Heres who"s shorting the stockThis investment bankers are crooks. They approach companies whos shareprice has ran and basically hold a gun to their heads. Funny thing is they short the stock anyway.
The "bought deal" is done before its even announced. They borrow the shares at the inflated price, short them to the levels we've seen, return the shares and then sit on warrants. The make a fortune.
Its so corrupt its not even funny. Everyone points the finger at Citron when in all actuallity hes probably working with the investment bankers.
Namaste Technologies Inc. (TSXV:N) (Frankfurt: M5BQ) (OTCMKTS: NXTTF) (“Namaste” or the “Company”), is pleased to announce that it has entered into a letter of engagement with Eight Capital, under which Eight Capital has agreed to purchase, as co-lead underwriter and joint bookrunner with Canaccord Genuity Corp., 15,000,000 units of the Company (the “Units”), on a “bought deal”