Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company leverages advancements in science and technology to develop innovative products to support human wellness and transform lives. The Company's key asset is its United States biosciences subsidiary Mikra Cellular Sciences Inc. (Mikra), a biosciences and consumer wellness company focused on developing and selling products. Mikra's products consists of Focus, Protect, Serenity, and CELLF.


TSXV:LFST - Post by User

Bullboard Posts
Comment by blueboyon Oct 13, 2017 9:45am
120 Views
Post# 26809023

RE:bodes well

RE:bodes wellIt could certainly be that Namaste found 1 or 2 investors who wanted a large amount of shares at a fixed price and they didn't want to have to buy them on the open market.  This would allow N to price the shares slightly above current market levels, as long as they included reasonably priced warrants as a kicker (which has happened here)

It isn't as simple as the share price snapping back to .25 from here, as seen by the lack of bids today at the open.  Namaste will have to continue to issue good news on a regular basis to get the share price moving upwards from here.

BB
Bullboard Posts