Namaste Technologies Inc. (TSXV:N) (OTCQB:NXTTF) has appointed Meni Morim as its permanent CEO, boosting Namaste stock over 16%.
Period of Significant ChangeMr. Morim has been serving as CEO on an interim basis since the dismissal of former CEO Sean Dollinger in February. Namaste stock has been on the slide since that dismissal, having lost almost 70% of its value in the year to date. However, today’s appointment was well met by investors, who clearly feel Mr. Morim is an appropriate choice to assume the role on a permanent basis as reflected by this morning’s gains. ...
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