Namaste Launches Online Investor Relations Activities with AGORACOM
Namaste Launches Online Investor Relations Activities with AGORACOM
– Momentum Public Relations –
Press Release: June 6, 2016
Namaste Technologies Inc. (CSE:N)(OTC PINK:NXTTF)(FRANKFURT:M5BQ) reports that it is implementing an online financial marketing and awareness program through AGORACOM. As a Company with significant online experience, Namaste’s management team views the utilization of online financial media portals as an excellent means to increase awareness in the financial community as well as enhance overall organic content ranking and in-bound marketing efforts associated with its e-commerce platforms.
Namaste will receive exposure through content brand insertions on the AGORACOM network and extensive search engine marketing. In addition, Namaste will receive digital sponsorship through AGORACOM TV, the AGORACOM home page, the AGORACOM Twitter account and other social media applications.
Namaste intends to issue shares for services to AGORACOM in exchange for the online advertising, marketing and branding services (the “Services”). The shares for services will result in a total share issuance of C$40,000, with an initial issuance at signing of the agreement and issuances in quarterly increments over 12-months, based on the closing price of the shares of Namaste on the Canadian Securities Exchange on the first trading day following each period for which the Services were provided by AGORACOM.
The term of the Agreement is for 12 months effective immediately. Namaste will issue a press release after the issuance of shares under the terms of the agreement. The agreement is subject to exchange approval.
Management Commentary
Mr. Sean Dollinger, President and CEO of Namaste, comments: “As an executive with over 15-years of e-commerce experience, I understand the potential to address a mass audience with online communication tools and will seek to leverage these skills to extract the maximum value possible from our online investor relations activities. I look forward to working with AGORACOM and their subscribers.”
About AGORACOM
AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. AGORACOM is the home of more than 808K investors that visited 5.6 million times and read 52.4 million pages of information every year (Average 2008 – 2015).
AGORACOM traffic ranks within the top 0.5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger, Chief Executive Officer
Learn more by clicking here: www.namastetechnologies.com
- Published in Life Sciences, Namaste Technologies, News Home
Namaste Announces Commercialization of Grizzly Guru Vaporizer
Namaste Announces Commercialization of Grizzly Guru Vaporizer
– Momentum Public Relations –
Press Release: May 30, 2016
Namaste Technologies Inc. (CSE:N)(OTC PINK:NXTTF)(FRANKFURT:M5BQ) reports the launching of the Gurutm vaporizer, a handheld portable vaporizer that provides a seamless solution for vaporizing dry herbs, concentrates and liquids. The Gurutm will be manufactured by Grizzly Originals, the wholly owned manufacturing division of the Company. The Gurutm will be distributed through the Company’s sales divisions including NamasteVapes for e-commerce retail sales and its recently established wholesale division will manage sales to physical retail outlets.
The value enhancing attributes of the Gurutm include:
- Unique modular design with attachments that convert between a ceramic chamber for dry herbs and atomizer tanks for concentrates and liquids
- Works with all forms of herbal consumables
- Highly attractive and competitive pricing
- Glass and ceramic vapor paths
- Fully digital temperature control
- Lithium-ion extended life battery
- Full compatibility with accessories
To view Figure 1 (Fig 1.0 The Gurutm & Applications), click on the following link: http://media3.marketwire.com/docs/may{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}2030{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}20figure{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}201.jpg
The Gurutm has been designed to address significant gaps in the market. This product is the first fully effective and easily operable device for the vaporization of all types of dry herbs, concentrates, and liquids. The Gurutm will be produced at a cost that provides attractive gross margins for the Company as well as wholesale distributors, brick-and-mortar retail locations and e-commerce companies.
Management Commentary
Mr. Sean Dollinger, CEO of Namaste, comments: “The commercialization of the Gurutm demonstrates the vision of management to design, develop and commercialize products that address unserved market needs and generate strong gross margins. This aligns with the integration of our business model that allows Namaste immediate access to global sales channels. I am proud to say that the introduction of the Gurutm to the market represents a significant step towards the realization of our vision. I would also like to thank our product development team led by my long-time business partner and Co-founder of Namaste, Kory Zelickson, for their commitment to excellence and market leading innovation.”
To view Figure 1 (Fig 2.0 The Gurutm & Attachments), click on the following link: http://media3.marketwire.com/docs/may{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}2030{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}20figure{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}202.jpg
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger, Chief Executive Officer
Learn more by clicking here: www.namastetechnologies.com
- Published in Life Sciences, Namaste Technologies, News Home
Namaste Expands Wholesale and E-Commerce Platforms
Namaste Expands Wholesale and E-Commerce Platforms
– Momentum Public Relations –
Press Release: May 16, 2016
Namaste Technologies Inc. (CSE:N)(OTC PINK:NXTTF) (FRANKFURT:M5BQ) reports the launch of a new wholesale division, the development of multiple new e-commerce and social media platforms specifically designed for the vaporizer and accessories community, and the expansion of the senior management team.
These developments accelerate Namaste’s strategy to be an integrated leader in the international vaporizer and accessories market, through innovative in-bound marketing e-commerce and social media platforms, industry leading logistics and fulfillment capabilities, and differentiated wholesale solutions for manufactures and distributors.
Wholesale Expansion
The management team of Namaste is pleased to announce and welcome Mr. Peter Tollmann Jr., as the new Executive Vice President, Wholesale Division. Mr. Tollmann was previously one of the leading sales managers at the largest vaporizer distributor globally and is an expert in the motivation and management of sales teams. In that regard, his experience spans 20-years of managing relationships with internal staff, cross-functional teams, retailers, distributors and vendors, while consistently driving revenue growth, expanding market presence, improving processes and managing costs.
Based in Florida, Mr. Tollmann will be responsible for establishing the Company’s wholesale technology, fulfillment and customer service supported product offerings to e-commerce companies, headshops and other retail distributors. Mr. Tollmann has identified initial members of his global team and will develop a sales force focused on nine countries globally.
Key differentiating elements of Namaste’s wholesale offering include:
- Global distribution capabilities with established fulfillment centers in the UK, US, Australia and the recent establishment of a new center in Brazil, currently a high growth and strategic market for the Company;
- Virtual storefront development and branding to enhance the product offering of headshops and retail stores by reducing inventory costs;
- Reduced logistical costs through the Company’s world class shipping relationships;
- Managing costs through specific unit repair and replacement functions; and
- Multi-lingual customer support for international markets.
E-Commerce Expansion
Namaste is currently investing significant resources into the acceleration of its inbound marketing e-commerce strategy through organic search engine optimization and technologies. This strategy includes best-in-class natural rankings, trust of brand growth, client population expansion, and sales conversion optimization. The objective is to significantly increase the sustainability and reoccurring nature of sales at a lower customer acquisition cost than pay per click. For the month of April, Namaste achieved a top-decile conversion funnel with 6.3{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of site visitors adding products to the cart, 4.7{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} reaching checkout and 3.1{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} making purchases.
In addition to enhancing overall e-commerce traffic and maintaining high conversion rates, the Company is focused on launching new portals and applications to facilitate social and commercial interactions between vaporizer and accessory community members. These include:
- The creation of Snap420, a social media application that provides community members an exclusive portal to share imagery, messages, reviews and more. This will integrate into e-commerce product offerings and exclusive coupons and discounts (www.snap420.com);
- Branding of Vaporizer Acquisition Syndrome (“VAS”), a platform focused on educating the market about the compulsive purchasing of vaporizers and accessories. This initiative will feature Dr. Ken Grey, a leading authority on VAS (www.vaporizeracqusitionsyndrome.com);
- Development of VASTrader, an online community for vaporizer enthusiast to buy, trade and sell vaporizers and accessories. This platform, the first if its kind to focus exclusively on the vaporizers and accessories industry, will allow community members access to a full range of products and will drive recurring revenues by generating multiple sales from a single unit (www.vastrader.com); and
- Expansion and enhancement of YouTube channels with additional product reviews and locational content targeting specific markets. This initiative will feature Ms. Kim Owen, an international pageant model.
Management Commentary
Mr. Sean Dollinger, President and CEO of Namaste, comments: “Our integration of wholesale and e-commence operations will allow Namaste to reach a larger audience with our products and synergistically enhance the offerings of both divisions. This expansion also positions the Company to address the entity of the estimated US$2.0 billion vaporizer market, which is characterized by approximately 80{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of sales being generated through physical retail locations. I firmly believe these strategic developments further advance our objective to become the leading integrated vaporizer and accessories company internationally.”
Corporate Security Appointment and Option Grant
Namaste announces the appointment of Mr. Darren Collins, Chief Financial Officer of Company, as Corporate Secretary. The Company has also granted 300,000 stock options to officers, directors, and consultants of the Company. The options will have an exercise price of $0.15 per share for a period of 5-years.
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger, Chief Executive Officer
Learn more by clicking here: www.namastetechnologies.com
- Published in Life Sciences, Namaste Technologies, News Home
Namaste Announces Management and Board Appointments
Namaste Announces Management and Board Appointments
– Momentum Public Relations –
Press Release: April 4, 2016
Namaste Technologies Inc. (CSE:N)(OTC PINK:NXTTF)(FRANKFURT:M5BQ) announces the appointment of Mr. Sidney Himmel as Chairman of the Board of Directors of the Company and Mr. Darren Collins as CFO of the Company, effective immediately. The Company has received and accepted resignation letters relating to the directorships of Mr. Harry Barr and Mr. Gary Moore and the CFO position of Mr. Robert Guzman.
These board and management appointments reflect Namaste’s commitment and strategy to expand skill sets in areas of expertise including corporate finance, financial management, business development and planning, corporate governance, and cross boarder and international financial structuring. As Namaste expands its business plan with the objective of becoming the international leader in vaporizer distribution, manufacturing and information, the management team and board believe these skill sets will be valuable to the Company going forward.
Mr. Himmel has over 30 years of corporate experience in the Canadian markets, having worked as an executive and director of public companies, and corporate finance, institutional sales and research professional for notable Canadian and US financial institutions, including Deloitte, TD Securities and Merrill Lynch Canada. His experience also includes the completion significant financial transactions and commercial partnerships internationally as well as the oversight and development of management teams and boards. Mr. Himmel holds Bachelor of Science (Chemistry) and Bachelor of Arts (Business and Finance) degrees, both from the University of Toronto. Mr. Himmel received the Chartered Accountant designation in 1981 and previously practiced as a tax specialist and lectured in finance and accounting.
Mr. Collins is a financial professional focused on growth industries globally. He has been involved in over a billion dollars of transactions involving emerging companies, including mergers and acquisitions, debt and equity financings, and joint venture partnerships. His experience also includes developing public companies, corporate governance, financial management and budgeting, and shareholder engagement. Prior to his current engagement, Mr. Collins was engaged by multiple public and private companies as well as investment and merchant banks, including Alegro Capital, LP in London, England, and Scotia Capital Inc. and Quest Capital Corp. (currently Sprott Inc.) in Toronto, Canada. He holds a Bachelor of Commerce (Finance) from Dalhousie University.
Management Commentary
Mr. Sean Dollinger, CEO of Namaste, comments: “It is with great pleasure I welcome Sidney and Darren to the board and executive management team, respectively. Both Sidney and Darren have demonstrated themselves as capable financial processionals that bring valuable skills and relationships to Namaste. I would also like to thank Harry, Garry and Robert for their historic contribution to the Company and wish them well in their future endeavors.”
Option Grant
The Company has also granted 950,000 stock options to officers, directors, and consultants of the Company. The options have an exercise price of $0.20 per share for a term of 5-years.
About Namaste Technologies Inc.
Namaste Technologies Inc. (“Namaste”) is a global leader in vaporizer product distribution and manufacturing. Namaste has over 30 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution, including vaporizers, accessories and herbs. This includes the upcoming launch of the Guru™, an enhanced vaporizer capable of seamlessly vaporizing liquids, concentrates and dry herbs from a single portable unit. The Company generated US$3.4 million in its first year of commercial operations and $444 thousand of pre-tax earnings. The Company is currently focused on expanding its product offering, strategic partnerships, and entering new markets globally.
Learn more by clicking here: www.namastetechnologies.com
- Published in Life Sciences, Namaste Technologies, News Home