Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > No, 2 million shares ain't for free
View:
Post by whisky11 on Jul 20, 2022 8:07am

No, 2 million shares ain't for free

they get  percentage off wages in shares instead of dollars, Company keep cash insider get shares.
@randomtask you have  stupid comment on simple problem. If insider buy 2 million shares it would influence stock price, if he buys shares and have undisclosed information he would end up in jail.
But now ,he got two million shares and  it's legal
Comment by randomtask on Jul 20, 2022 10:00am
Insiders could buy shares if they wanted but don't because they know it's a waste of their personal money.  Since the company is running out of cash they've been paying employees with shares.  These shares were more of those free ones :)