RE:RE:Namaste seems so oversold and undervalued...I see your pumper stock Tinley is falling back into the 50's while Vida signs yet another national deal in the US for their CBD drinks. Maybe you should be back their helping to double their SP again with your theories of grandeur
Right Ding Dong?
2fast4u wrote: Because Fire has a decent management, and partnerships with people like Wiz Khalifa.
Fire didn't have their last auditors risgn after asking their previous auditors to resign.
Namaste has not been audited in over a year. That 18.5M in annual sales was signed off by who exactly? Sean Dollinger lmfao.
You have no idea how much cash they have, it's probably less than half of what you're assuming. They burn around 8M a Q.
Namaste doesn't deserve a high valuation compared to it's peers. Not at all.
Dunworkin wrote: A quick comparison to FIRE. Fire reported $18.5 million annual sales and have 290 million shares o/s. Namaste last reported $ 18 million sales and have 307 million shares o/s....Fire sp is $2.25. Namaste sp is 0.74.......one company is a LP, the other a LS. I’m not making this a science comparison and not comparing apples to apples, but revenue and shares o/s are so very similar while the share price is not.
Plus Namaste has a truckload of cash in the bank. If they can surpass prior annual sales of $18 million, this stock will take off. If sales are under, then we are SOL.
Glta.