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Bullboard - Stock Discussion Forum 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... see more

GREY:LNLHF - Post Discussion

LeanLife Health Inc > I may be wrong
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Post by vanex on Jan 16, 2023 1:25pm

I may be wrong

Talking to my friend this morning who knows a lot more about the company than I do, have to say that not all the blame is on the management.  Some of it yes, it is but a lot of the blame is on the company's accountants. They hired them and they should know better who they hired to do the work.
Let's all hope that after this mess is finally over they'll get rid of them and hire someone who can do a better job and the company can start doing what they are supposed to do.
Comment by AlbertaCFO on Feb 07, 2023 8:57pm
Yes! Agreed!   I have heard this also. The Auditor firm apparently experienced unexpected staffing disruptions with key people out for a period. However, they are now back and on it full force. My understanding is that they are replacing their accounting and auditor staff for the next financials - post-halt. This entire process has been painful for many. I hope they learn and move ...more  
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