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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 > LLP - Halt and Filings
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Post by David8888 on Feb 10, 2023 12:47pm

LLP - Halt and Filings

From what i understand, this should be remedied this month, as the Auditor is working hard to get everything completed.

I also heard that delays were due to the Auditor firm - completely caught LLP management off-guard.

My understanding is that they are going to be changing Auditor firms for the next set of filings.

My speculation is that this blunder of the past seven months or so, may likely see several heads roll.

This mess with the auditing firm, lack of communication between auditors and company, decision to trust this auditor firm, etc. - normally the CFO would be taking the lead on rectifying things.

The CFO as far as I can tell has been non-existant.  Even his LinkedIn profile does not even mention LeanLife.  What does that say about his commitment to LLP?  My prediction is that he will be replaced.  He seems to have been just as bad as the previous CFO, but for different reasons.

Every LLP management member needs to do better in promoting LLP.

Maybe they are quietly behind the scenes.

As many have stated in the LLP Telegram Group, etc., we need LLP management to work 110% on LeanLife and Iron Energy, not part-time, secondary work.

They need to impress shareholders and build confidence with a new set of potential investors once this mess is cleaned up.

Lots of work to be done here!
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