Lifeist Wellness Inc V.LFST

SURPRISE !!!! Now we know why we were sitting at 6 cents....

[Oban1kenobi]

Final Share Issuance Related to CannMart Labs Inc. Acquisition Base Purchase Price

Lifeist intends to issue an aggregate of 4,375,000 common shares (issued at a deemed price of $0.0616, which is equal to the seven-day volume weighted average), without a hold period, as payment of the ninth and final tranche of the remaining base purchase price to the vendors under the share purchase agreement for the acquisition of CannMart Labs Inc.

I truly do not understand how this is an acceptable practice, but if everyone else is OK with how this transaction was managed and implemented then what difference does it make.  It looks like TRUE manipulation and can be tied directly to this transaction.

Moving forward

Let's see what the future now brings since we now own Cannmart Labs!! 

GLTA

[whisky11]

" without a hold period" each time they get those shares they don't sell them. This is strong message, some of ex-owners of Labs are insiders. They know value of the company better than I do. They don't sell shares. Ex-owners got more shares after Labs start being big player in Canada. I don't like it ,but maybe they wouldn't sell 49% without this kind of incentive. ps

[steveM45]

a total of $78 Cdn traded since this fluff news and your pumping....seems no one cares still. LABS owners might sue Lifeist over this. 

[whisky11]

Non-existent volume tells me that buyer and the seller is the same "person". People like you succeed with damaging market for this company. Owners like myself we got to wait a bit longer to sell, I will start selling at eight dollars a share it might take some time. People from the outside don't want to buy, they follow the logic; if that company so good, why stock prices so low. But

[steveM45]

ok Buck, it 'tells' you whatever the whisky shots make you think.  Anyone can fantasize about how is buying/selling. You'll never see even 8 cents let alone $8 once LABS owners start dumping to get whatever they can in time.  And when did you change to $8?  Wasn't it $20, then $2.50 earlier today, then you tried using big words like intrinsic and embarassed yourself

[Stalkhouse]

This post has been removed in accordance with Community Policy

[steveM45]

Haven't you cried enough averaging down when it was .34? But you still get angry at me for stating the obvious....that this has little to no chance of recovering anywhere near .30's again. They are out of cash and surviving off shares issuance.  Not much to do with your conspiracy theories. Don't get angry with me for being right.

[whisky11]

SteveM45  never told us why he's here. It means whatever he's saying is a lie and manipulation. Cellf has 80% returning customers ratio, average in the industry is 20%. Roilty and Labs got us from one percent or less Canadian market  three years ago to 5% and more in some products . I think mass production and sale at GNC and Amazon will change share price closer to really value.

[steveM45]

lol...A conman & liar saying I lied is a compliment :) How much are you down after averaging down at .34 last?  Ready for .05's again? They are out of cash and steps away from insolvency, but all you pump is 'tomorrow will be great!' Return those empty whisky bottles so you can avg down again :)

[steveM45]

Whisky/Buck had 2 million shares when it was .06. Now, it's .005 No wonder he's desperate to say anything to recover something before bankruptcy.