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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 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 bionicjoeon Apr 27, 2019 3:59pm
197 Views
Post# 29679388

RE:RE:RE:Pure speculation

RE:RE:RE:Pure speculationI would be really surprised if there was a friendly buyout offer at this stage of Namaste's platform. If it was a proven big money maker then the sp wouldn't be 88 cents. I think Cannmart is still a work in progress. A takeover company might want to see further development before making an offer even if it would cost them more later. Get it profitable and then there could be multiple competing offers. That was probably the idea Dollinger had in mind.

As for whether shareholders would vote for a buyout at this point it would all depend on the recommendation of the BOD. Usually the majority of shareholders will take the Board's advice.
Bullboard Posts