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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 > I thought Cannmart labs tranches were based on performance?
View:
Post by Namascam on Mar 13, 2021 9:51am

I thought Cannmart labs tranches were based on performance?

The tranches per the acquisition NR were going to be paid based on performance driven by gross margin targets. Having not made a sale and still with no products, why were they just issued 800k shares? This is the problem with non arms length transactions.... the handouts.
Comment by Namascam on Mar 13, 2021 3:16pm
Anyone?
Comment by DDISKEY1 on Mar 13, 2021 9:42pm
You're just talking silly as usual Scammer. There's nothing to reply to.
Comment by Namascam on Mar 14, 2021 10:16am
Execution of the Share Purchase Agreement was first announced by the Company on November 18, 2020, confirming a purchase price of $4,034,000 (the "Purchase Price"), and earn-out payments in the form of Namaste common shares, on a sliding scale, upon the achievement of pre-determined revenue targets (the "Earn-Out Payments") payable over 9 fiscal quarters at a maximum of ...more  
Comment by Tycoon2019 on Mar 14, 2021 11:54am
It is one of the 9 payments you dumb f*ck
Comment by Stalkhouse on Mar 15, 2021 9:28am
This post has been removed in accordance with Community Policy
Comment by shortshot on Mar 14, 2021 11:50pm
if you have this much time to bash a stock that tells how valuable your time is..move along 
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