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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

Comment by steveM45on May 26, 2022 3:42pm
134 Views
Post# 34710124

RE:RE:RE:Selling off more assets!

RE:RE:RE:Selling off more assets!Meni's probably shopping around both, so whatever he gets a reasonable offer for first, I think he'd jump at.  By reasonable, I don't think he'll get close to whatever he paid for them, but in his view, paycheck continuance is better than money losing business continuance.

Now we know why he put Faras in the hotseat so he could go sell whatever he can behind the scenes.  Deal closed same day... Now that's deperation!

randomtask wrote:

do you think they'll sell labs or vapes first?  

 

steveM45 wrote: Buy high, sell low...just like whisky.  More asset sales coming...business wind down continues.
 

 

randomtask wrote: Just to keep the lights on.... big ouch :)

Bought for $12M and sold for $4M?  That's the lifeless model that the lying lhama thinks is successful :)

 




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