LeanLife Health Inc LNLHF

LeanLife Health Inc. is a Canada-based company, which is focused on plant-based food products and energy drinks. Its products are shelf-stable extractions from flaxseed, a plentiful plant-based source of Omega-3, which gives them a significant advantage as a fortified food ingredient. The products can be used as food additives or as nutraceuticals. Its products are optimally formulated for use in both residential and commercial food processing. Its flaxseed products are thermally stable and can be used in baking, freezing, or as an oil or emulsion. It has operations in Canada to supply food processors in North America with additives for various products, including breads, buns, cookies, muffins, hot dogs, hamburgers, processed meats, noodles, juices, cheese, milk products, chocolate bars, salad dressings, sauces, table spreads, soymilk, tortillas, breakfast cereals, infant formula, candy, fruit juices, and smoothies. Its Iron Energy drinks contain taurine and caffeine.

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LeanLife Health Inc > LLP Frustratingly Long Halt

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Comment by vanexon Jan 13, 2023 6:51pm

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Post# 35222551

RE:LLP Frustratingly Long Halt

David8888 wrote: This is unbelievable!

Halt is three months on now.

Company management obviously did not understand how demanding a more comprehensive audit process with sales, inventory, etc, an audit process is.

When auditors request further information, the expectation is that you comply immediately.

They likely took days to reply and comply and then got red-flagged causing an ongoing barrage of information items.

Not smart. Not efficient. Poor execution.

My only hope is that they learn from this.

Hopefully some good news releases in the near future with a trade resumption may help make this a forgotten memory.

Yestrerday's news indicates they are submitting and filing today, so hopefully it is trading next week.