 Wow guys, we have some breaking news. This is rich from rich TV live So namaste announces closing a 51 million 750,000 bot deal financing including full exercise of over allotment option Then the stock explodes it is exploding as we speak look at this huge jump Wow Look at this huge jump right here. Bam. Bam. It is making a move and then Iraq Halted the trading like 20 minutes later after it exploded 20% Then four minutes later it resumed its trading again. So let's just read the news and it is live right now. It is Namaste at $2.08 up 19 20.69% now it is exploding And you could see it on bar chart under the symbol namaste And in canada nxt tf in america and you could see it's up 21% Bar chart still has it as a weak sell clearly. They are not picking up on these indicators yet But you could see here and i've told you guys this this the beginning This is a great company up 23% in the last month 42% in the last three months 833% in the last year and it is climbing as we speak of 21% on this news. Let's read it namaste And in the tsx venture in frankfurt m5 bq and on the otc markets nxt tf is pleased to announce that it has closed Today, it's previously announced bought deal Short-form prospectus offering of units including the exercise in full of the over allotment option Otherwise known as the offering a total of 17 250 000 units of the company were sold at a price of $3 per unit for gross proceeds of 51 750 000 The offering was completed by syndicate of underwriters led by eight capital and can accord Genuity corp. Now, why would they do it at three dollars unless they thought it was going way higher? Just say Now remember rich tv live is strictly for education entertainment purposes Always do your due diligence always do your research before you invest in anything that we talk about here on rich tv live If you want to find the news just go to www.richtvlive.com hover over news All the tools are right there stocks Right there Contact us join our secret stock group. It is growing so quickly a social media community where you get a voice You get to hear other opinions. You get to drop your picks. It's true Follow us everywhere. We are absolutely free and all we do is bring you the news every single day Each unit was comprised of one common share in the capital of the company And three quarters of one common share purchase warrant each whole warrant a warrant Each warrant entitles the holder thereof to purchase one common share at a price of 3 15 until october 25th 2023 That's juicy Namaste, hey, we love to have some of those opportunities our community would love to participate in these types of offerings in the anticipation that the warrants will commence trading on the tsx venture exchange on monday october 29 2018 under the symbol n dot w t dot a We can now buy the warrants people Let's get excited in consideration further. That's more money in the bank. Just so you guys know for namaste In consideration of their services, the underwriters received a cash commission equal to six percent of the gross proceeds of the offering And compensation options each a compensation option equal to six percent of the units sold Pursuant to the offering each compensation option entitles the holder thereof to purchase one unit at the issue price until october 25th 2023 See how this deal is structured. There are incentives long term for this stock to appreciate Which means go up in price. It's true wow The net proceeds of the offering are expected to be used by the company for inventory and supplies Love it capital improvements Personnel and facility operations integration and expansion of e-commerce platforms and customer bases Yeah, I love it and for working capital and general corporate purposes As more particularly described in the company's final prospectus This is huge news the offering is subject To tsx venture final acceptance of requisite regulatory filings Wow a boat Namaste technologies ink namaste technologies is your everything cannabis store. It is trademarked namaste operates the largest global chem cannabis e-commerce platform with over 30 websites in 20 plus countries under various brands Namaste's product offering through its subsidiaries includes vip risers glasswares Accessories cbd products, and you know your boy rich love cbds If you guys need cbds, holler at your boy and medical cannabis through its wholly owned subsidiary Can mark in the canadian market Namaste has developed and acquired innovative technology platforms including namaste md.com and in may 2018 The company acquired a leading e-commerce ai and machine learning company Find a fee ab Find a fee uses artificial intelligence algorithms to optimize and personalize a consumer's on-site buying experience Namaste is focused on leveraging its cutting-edge technology to enhance the user experience throughout its platforms Namaste will continue to develop and acquire innovative technologies Which will provide value to the company and its shareholders as well as to the broader cannabis market Wow, what do you think of this news? Breaking off the presses namaste technologies ink up 16 percent in canada and x ttf in america up 16.93 percent we're gonna mark this here I think we are finding bottoms We are bottom hunters and we are now seeing price appreciation for namaste technologies ink What do you think of this news? Comment down below smash the like button. It really helps the video go viral. Remember if I win and you win We all win. It's true 51 million dollars in the bank Wow Let's go chat If you're not winning you're not watching. This is your boy rich. We bring you the news And we bring it to you first. It's true I'm up peace