Lifeist Wellness Inc V.LFST

New Investors of Namaste Technologies Please Read

[Nocappp]

Here is a corporate presentation from November.

https://www.namastetechnologies.com/wp-content/uploads/2020/11/Nov-23-2020-Namaste-Corporate-Presentation.pdf

Please keep in mind this is missing crucial components that occurred after November such as:

- Namaste successfully raised $23 Million Dollars in an Upsized Bought Deal
- Planned to enter US with TSX Approval
- TSX Approved this on February 9 2021
- Exploring Dealers License into Psychadelics Market
- Entered the Wellness Market (Nutraceuticals) 
- Anticipates Quarterly Gross Revenue of $8 Million in Q4 2020 yielding 100% Year over Year
 

This stock is very undervalued compared to its peers and is slowly breaking out of its 2 year downtrend. Over 1 million+ shares being traded daily for the past month which we haven't seen since 2017-2019. There is HEAVY accumulation happening at this low price for quite some time.

Many things to consider as to why Namaste has been lagging compared to other stocks are:
Meni, The CEO of Namaste Technologies initially wanted a name change for the company. Within a month of saying this, he retracted that decision out of no where. With the heavy accumulation/hold down and quick retraction of that comment , my gut feeling is that some form of Merger/Acquisition or Takeover is happening. Perhaps the partner company involved wanted to know that Namaste would enter the US successfully and wants to see the Health Canada License for Cannmart Labs before moving in. Again, this is my opinion.
This is not financial advice, do your own due diligence and make your own decisions. 

Risk to Reward is High.

[Jasper66]

Thanks for the refresher. I've been here a long time. I made several hundred thousand under Sean. I still have a position with Namaste and just left it knowing sooner or later it will be back. Seems like I'll be very happy with Namaste again.