NewsLifestyle affiliate gets +$200,000 in revenue in a week 2018-07-17 08:59 ET - News Release Mr. Brad Eckenweiler reports LIFESTYLE DELIVERY SYSTEMS INC. ANNOUNCES REVENUE GENERATED BY ITS AFFILIATE, CSPA GROUP, INC. Lifestyle Delivery Systems Inc.'s affiliate, CSPA Group Inc., received over $200,000 in revenue during the last week of June, 2018. The revenue was associated with sales of extracted distillate in the last week of June, 2018, marking the beginning of white label distillate production. The company has redesigned all of its packaging for Reveur and CannaStrips to meet the latest California regulations which went into effect on July 1, 2018. The new packaging for Reveur arrived on July 10, 2018, and CSPA estimates that repackaging of the inventory will be completed by July 18, 2018. The new CannaStrips packaging is scheduled to arrive during the last week of July, 2018, at which time the production of CannaStrips with their new flavours and advanced formulae will begin. The company will have updates as information becomes available. Extension of financial milestones for escrow agreements In addition, on June 28, 2018, the company's board of directors resolved to extend the deadline for satisfying certain financial milestones set out under the terms of its escrow agreements with the former shareholders of Canna Delivery Systems Inc. Under the terms of the escrow agreements, a total of 7.8 million common shares issued to the former shareholders of Canna were held in escrow, subject to release upon the company achieving certain financial milestones by June 30, 2018 (as amended on Dec. 29, 2017). The company has agreed to extend the deadline for satisfying the financial milestones until Sept. 30, 2018. As of the date of this news release, a total of 2.1 million performance shares remain subject to escrow, of which 840,000 performance shares are held by the company's chief executive officer, Brad Eckenweiler. About Lifestyle Delivery Systems Inc. Lifestyle Delivery Systems is a technology company that licenses its technology to a state-of-the-art production and packaging facility located in Southern California. The company's technology produces infused strips (similar to breath strips) that are not only a safer, healthier option to any other form of delivery but also allows for inclusion of a wide spectrum of ingredients from over-the-counter medications to homeopathic, nutraceutical, vitamins and supplements. The technology provides a new way to accurately meter the dosage and assure the purity of selected product. From start to finish, the production process, based on the company's technology, tests for quality and composition of all the ingredients used in each and every strip which results in a delivery system that is safe, consistent and effective.