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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company's portfolio of wellness companies leverages advancements in science and technology to enable consumers to find their individual path to wellness. Its portfolio business units include Mikra, which is a biosciences and consumer wellness company developing and selling products for cellular health and CannMart, which is a business-to-business (B2B) wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards.


TSXV:LFST - Post by User

Bullboard Posts
Comment by ryang999on Jul 25, 2018 1:39pm
121 Views
Post# 28365936

RE:Pledge was not my reason for holding

RE:Pledge was not my reason for holdingPeople hold their shares because they believe in the fundamentals and the potentials of the company, not because of the 90 day pledge. The pledge has no legal binding. If we want, we can always put our share on sale. I don't think anything has changed with this NASDAQ application. Yes, it is frustrating to wait for this sale license that may never come until much later this year. The revenue growth hinges on this piece of paper, as you can not expect much growth in hardware sales. But if you still believe that one day the sale license is going to be issued to the company and everything they are building is going to be valuable, then you hold your shares. Otherwise, put your shares on sale, as the share price will most likely be lower in the next little while. 
Bullboard Posts