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Bullboard - Stock Discussion Forum WELL Health Technologies Corp WHTCF


Primary Symbol: T.WELL Alternate Symbol(s):  T.WELL.DB

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

WELL Health Technologies Corp > Nobody CURRENTLY has more than 10% Ownership in WELL
View:
Post by davgro on Jul 24, 2023 4:09pm

Nobody CURRENTLY has more than 10% Ownership in WELL

Contrary to multiple post today on this board, nobody CURRENTLY holds more than 10% ownership in WELL Health Technologies Corp.

This was confirmed by the company as recently as May 10th, 2023.

Shareholders of the company received the Notice Of Annual General And Special Meeting Of Shareholders To Be Held On June 15, 2023 and Information Circular. 

This official corporate document from WELL very clearly states on page 6 and 7 under "VOTING SECURITIES AND PRINCIPAL HOLDERS OF VOTING SECURITIES":

The Company is authorized to issue an unlimited number of Shares without par value. As of the record date, determined by the Company’s board of directors (the “Board”) to be the close of business on May 3, 2023, a total of 234,996,249 Shares were issued and outstanding. Each Share carries the right to one vote at the Meeting. Only registered Shareholders as of the record date on May 3, 2023 are entitled to receive notice of, and to attend and vote at, the Meeting or any adjournment or postponement of the Meeting. 
 
To the knowledge of the directors and executive officers of the Company, no person or company beneficially owns, directly or indirectly, or exercises control or direction over, Shares carrying more than 10% of the voting rights attached to the outstanding Shares of the Company.
Comment by BudFoxx2020 on Jul 24, 2023 4:33pm
It's like talking to a rock.  The funny thing is the last 2 years I dug all these information up.  I already explained how Li and his funds don't hold more than 10% anymore.  Yet they kept arguing with me over and over and told me I was wrong.  Voila now the company finally admitted it on paper. They were using LKS name to promote this stock and milked it for all it was ...more  
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