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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWD

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 CannMart, which operates a business-to-business (B2B) wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards including for CannMart Labs, a butane hash oil (BHO) extraction facility producing high margin cannabis 2.0 products; Australian Vaporizers, an online retailers of vaporizers and accessories in Australia; CannMartMD, a Health Canada compliant telemedicine application, providing an integrated patient portal with remote access to healthcare practitioners; Lifeist Vapes, which sells herbal vaporizer hardware and ancillary products in Europe and Canada, and Mikra, a biosciences and consumer wellness company developing and selling therapies for cellular health.


TSXV:LFST - Post by User

Post by whisky11on Nov 28, 2020 8:24am
734 Views
Post# 31994045

S. Dillinger owns millions of N shares.

S. Dillinger owns millions of N shares.

Or at least I understand the agreement that way. If Sean Dillinger sold them, his shares could be used against the company or Board of Directors, so that's why  he can't sell them for another year or so. I would think that  randomtask  is paid by Namaste's competition. 
...As part of the Agreement, Mr. Dollinger has agreed to a market standard standstill, under which, among other things, he will vote his Namaste shares in favour of the election of management’s nominees to the Board of Directors (the “Board”) for three years. The Company and Mr. Dollinger have also entered into standard non-solicitation and non-competition agreements...

.https://www.namastetechnologies.com/namaste-technologies-announces-settlement-with-sean-dollinger-and-provides-corporate-update/

 

 
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