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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 stock1829on Dec 16, 2019 4:00pm
87 Views
Post# 30460633

RE:Reverse split?

RE:Reverse split?There's lots of baseless pumpers on here so don't get too worked up. It must be someone I have on ignore - because i didn't see the post.  Trust me - if I've got him on ignore - he should be on ignore.

That said - it's not inconcievable given their need to fund the operation and attract investor attention.  Consolidating the share count and price makes them look a little more respectable instead of a money losing company with 330 million $.30 shares.  And it might be a condition of future financiers going forward. They have to raise some money soon and diluting a $1.50 stock is a lot better than diluting a $.30 stock by way of a new share offering.


Bullboard Posts