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Bullboard - Stock Discussion Forum 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... see more

TSXV:LFST - Post Discussion

Lifeist Wellness Inc > Random you were thinking that this is for paying bills haha
View:
Post by whisky11 on Jan 19, 2021 7:04pm

Random you were thinking that this is for paying bills haha

randomtask wrote:
No mystery, they comment on it in the NR that it's for general corporate expnenses, which translates into "we were running out of money"  as was previously presented to the board, support by math, months ago.

whisky11:

.General corporate purposes are the highest-level objectives in a business. Companies normally lay out general purposes for their operations in incorporation articles and in mission statements. These are separate from the purposes of functional departments, divisions and project teams that have more narrow objectives that may or may not align with corporate purposes
Comment by randomtask on Jan 19, 2021 7:41pm
They were, you don't have to be a math whiz to figure it out.  Unfortunately, you struggle with the most basic of calculations and were easily confused.  It's ok kid, you don't have to raise money for another 9months.
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