Lifeist Wellness Inc V.LFST

Dang, here I was getting optimistic the last few weeks

[Oban1kenobi]

 and then Bam out of nowhere Meni and Co. sell their Vapes segment to Flora in the form of 600 676 shares at 3.1631 US  being the 5-day VWAP as of signed date Sept 17 .

Now my question is do we count weekends in the 5 day average ? if we do, then the price of flora was never at a 3.1631 average over the last 5 days ending September 17.

Now, if weekends dont count in the 5 day VWAP then the 5 day would commence Monday September 11 and end on Friday September 15.  Even with those dates I am not too sure we reach a 5-day VWAP of 3.16.....None the less that is besides the point because today Flora sits at 2.39 US a share, and by my rough calculations Meni has already lost just under 25% on that deal ?? 

I am sorry if I am missing something, If I am can someone please explain because this just doesnt make sense to me.....especially since they took the time and effort to recently upgrade the Vape warehouse and location after the damage from the flood there.  

I hope there is some sort of greater plan here ?

GLTA 

[whisky11]

It is dilution for the buyer, stock always goes down, usually temporary. I think LFST don't have to sell it now,losses are paper one. AV wasn't that good business to be in for the wellness company. They want to be profitable as soon as possible, Australian vipes have  decent revenue but low margins. It all depends how LFST use the money. I think we're all waiting for MIKRA 's

[steveM45]

You were saying this vape business was going to make them a multi billion dollar company, sold! You said the same about Mikra....GNC dropped it! You pumped Chokolat...big loss Ignite....they pumped it while knowing the deal was lost. Clinical trials promised, but failed to deliver. US expansion promised, but failed to exewcute. Psycheadelics license received, they did nothing with it. The list of