RE:Namaste needs new money quick....You obviously dont have a clue. You lost your $, your families $ trading this poorly. Now with news, that most hoped would transipre a year ago, is set in stone, you still fail to see what is happening. You should just buy now, save face with this board and most importantly, your family, who you ph@cked over.
stock1829 wrote: ...their cash will run out by the summer, and with no idea when or if new product streams will be on line and whether they would be successful - things do not look good. They have tried to get a line of credit and are most likely considering another debenture offering but the market has no taste for it. Look what happened to the Green Organic Dutchman today - down a whopping 18% because they want to do another share offering to raise cash because no one will lend them the money.
Look for another price drop to $0.20-$0.25 in the next 6 months if they announce a debenture offering or share offering.