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Let's go, march to NASDAQ!!!!!!!!!!!!!!!IMHO
new highs gonna get noticed, making lots of acquisitions still cheap
That's Awesome BB!!
Third company in a week to be acquired by BFYW.. Cannuka is huge! I can't believe the price is still so low. I'm loaded but I may grab a few more! $BFYW (-:
That's Awesome BB!!
Third company in a week to be acquired by BFYW.. Cannuka is huge! I can't believe the price is still so low. I'm loaded but I may grab a few more! $BFYW (-:
“Cannuka products are currently available direct-to-consumer via www.Cannuka.com and online and in retail through Ulta, Macy's, Neiman Marcus, Express, QVC, HSN, Revolve, and more. Cannuka has been featured in Forbes, The New York Times, British GQ, PopSugar, Vanity Fair, Marie Clare, New Beauty, and more.”
https://cannuka.com/pages/our-story
CBD skin products
$BFYW NEWS: Better For You Wellness Signs LOI to Acquire Cannuka
Columbus, Ohio, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Better For You Wellness, Inc. (OTC: BFYW), formerly known as Fast Track Solutions, Inc. (OTC: FTRK) ("Better For You Wellness" or the "Company"), an Ohio-based blank check company focused on the rapidly-growing $1.5T wellness industry, is pleased to announce that, further to the Company's October 25, 2021 press release, and its October 27, 2021 press release, it has also entered into a non-binding letter of intent ("LOI") to acquire Cannuka, LLC ("Cannuka") located in Columbus, Ohio.
Founded in 2017, Cannuka is one of the first legitimately new ideas in the beauty and health category in decades. Cannuka’s brand is both modern and timeless, combining some of the purest, most efficacious ingredients on earth in a way that reflects the changing needs and interests of consumers.
Cannuka products are currently available direct-to-consumer via www.Cannuka.com and online and in retail through Ulta, Macy's, Neiman Marcus, Express, QVC, HSN, Revolve, and more. Cannuka has been featured in Forbes, The New York Times, British GQ, PopSugar, Vanity Fair, Marie Clare, New Beauty, and more.
"The BFYW deal puts Cannuka into great hands with Better For You Wellness, who has the talent, financial strength, and vision needed to move this popular global brand well beyond the 1,500+ doors it is in today, and I believe gives us the opportunity for strong year-over-year growth," said Jimmy Gould, Chairman of the Board of Managers of Cannuka. "I am excited to see the advances the BFYW team will make with Cannuka. It's got a solid brick-and-mortar presence and growing DTC opportunities. With enhanced infrastructure behind it, I believe the brand could be a category killer."
The contemplated acquisition of Cannuka is a related-party transaction, and is being treated as such. All persons with a disqualifying conflict of interest or bias have recused themselves from the transaction, and as such, all negotiations between Better For You Wellness and Cannuka have been and are taking place between disinterested parties. Closing the transaction contemplated in the LOI will be subject to completion of due diligence and multiple closing conditions including but not limited to satisfactory receipt of a third party fairness opinion. Pending a definitive agreement, additional terms of the LOI will remain confidential.
"As Better For You Wellness builds a leading global wellness conglomerate, the Cannuka acquisition will further vertically and horizontally integrate with the other synergistic enterprises within our skincare vertical," said Ian James, Better For You Wellness CEO. “The global skincare market is projected to grow from $100.13B in 2021 to $145.82B by 2028. The Company’s pending acquisitions of Ironwood Clay Co. and three natural skincare brands, Cannuka, Mary Louise Cosmetics, and NENA, combine to create a true leader in the natural skincare space.”
Better For You Wellness is actively exploring and evaluating numerous additional business opportunities, including, but not limited to, mergers, acquisitions, or business combination transactions.
https://www.globenewswire.com/news-release/2021/11/02/2325410/0/en/Better-For-You-Wellness-Signs-LOI-to-Acquire-Cannuka.html
nice and acquisition peeps are sleeping on this https://www.globenewswire.com/news-release/2021/11/02/2325410/0/en/Better-For-You-Wellness-Signs-LOI-to-Acquire-Cannuka.html
yup for now, its hanging right in the same trading range for the last few days.
A lot more sellers than buyers.....
More sells than buys. :+)
any reason for it tanking?
For better wellness for the shareholders we hope.
If I recall correctly,it's around 7 mil or so collectively.
Was there any revenue projections for these
new acquisitions…..!?!?
Good luck to all
These new acquisitions appear to have super potential...now what we need is all these sellers to quit bid dumping and sell a few on the ask....time to let this move a lil...BFYW$$
Got to get him to buy a couple of million shares....
Montell Williams is tweeting about us!
Building something big at $BFYW (Better For You Wellness)!
— Montel Williams (@Montel_Williams) October 27, 2021
Mary Louise Cosmetics will be a fantastic addition to @OTCBFYW’s skincare vertical.https://t.co/95gGQteGXy
news Better For You Wellness Signs LOI to Acquire Mary Louise Cosmetics https://www.otcmarkets.com/stock/BFYW/news/story?e&id=2033108
Better For You Wellness Signs LOI to Acquire Mary Louise Cosmetics
Columbus, Ohio and Los Angeles, California , Oct. 27, 2021 (GLOBE NEWSWIRE) -- Better For You Wellness, Inc. (OTC: BFYW), formerly known as Fast Track Solutions, Inc. (OTC: FTRK) ("Better For You Wellness" or the "Company"), an Ohio -based blank check company, is pleased to announce that, further to the Company’s October 25, 2021 press release, it has also entered into a non-binding letter of intent (“LOI”) to acquire Releford Enterprises, Inc. d/b/a MLC Beauty (“Mary Louise Cosmetics”) located in Los Angeles , California.
I wonder what they will pay for the Clay company.
looks like a nice reversal underway.
good job much more interest today
Join ya yesterday in the .11 's
opening up here on increasing volume
Nice update here BFYW!
Better For You Wellness Signs LOI to Acquire Ironwood Clay Co. and NENA Skincare
Columbus, Ohio and Richmond, British Columbia, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Better For You Wellness, Inc. (OTC: BFYW), formerly known as Fast Track Solutions, Inc. (OTC: FTRK), ("Better For You Wellness" or the "Company") an Ohio-based blank check company, is pleased to announce that it has entered into a non-binding letter of intent (“LOI”) to acquire Ironwood Clay Co Inc. (“Ironwood”) located in Richmond, British Columbia.
Established in 1988, Ironwood is a specialized OEM skincare supplier offering private label product development, turn-key manufacturing, raw materials and bulk formulas to high-impact personal care companies across the globe, and is the leading international supplier of glacial oceanic clay. Ironwood’s NENA Skincare brand (“NENA”) is a rapidly growing natural skincare brand whose core ingredient is glacial oceanic clay. Ironwood’s Health Canada, FDA, Halal, GMP and ECOCERT/COSMOS accredited facility can produce over 500 skincare, body care, and hair care formulations and products, and is trusted by some of the world’s leading companies including Nu Skin Enterprises, Inc., Walgreens Boots Alliance Inc., and more. NENA products are currently available direct-to-consumer via www.nenaskincare.com as well as online through Amazon, Well.ca., and others, and available in hundreds of retail locations across Canada including Pharmasave, Rexall, and more. Beyond Canada, Ironwood distributes its products, ingredients and raw materials globally to the United States, China, Korea, and more.
Pursuant to the terms of the LOI, the consideration contemplated for the acquisition is to be paid in a mix of restricted common shares of Better For You Wellness, Inc. to be issued following the closing of the acquisition, and Canadian dollars (“CAD”). Closing of the transaction contemplated in the LOI will be subject to multiple closing conditions and completion of due diligence. Pending a definitive agreement, additional terms of the LOI will remain confidential.
“Better appearance, better nutrition and better health are three major wellness categories for consumers, and by making this profitable, vertically-integrated acquisition within the natural beauty and skincare space, Better For You Wellness can begin carving out market share in all three wellness categories,” commented Ian James, Chief Executive Officer of Better For You Wellness, Inc. “After all, skin is our largest organ, and what we put on our bodies is just as important as what we put in them.”
Better For You Wellness is actively exploring and evaluating numerous additional business opportunities including, but not limited to, mergers, acquisitions, or business combination transactions.
news Better For You Wellness Signs LOI to Acquire Ironwood Clay Co. and NENA Skincare
https://www.otcmarkets.com/stock/BFYW/news/story?e&id=2030076
This is another one of those diamonds in the rough. :)
Agreed those sellers will be buying back when the super 8k arrives
I am liking this one. Just got the google alert on this one. Should be interesting one to hold.
grabbed some down here ridiculously undervalued Montel Williams on the board, superb CEO Ian James, this is when you buy not sell
You must be adding a ton. All this thing does is dip
Thought this was going to be a good one - guess I was wrong....
Actually,there is a correlation between ugliness and success as a ceo.The uglier,the betters lot of guys are ripping you on telegram for such ignorance.
10Q out as promised so will remain current
Mustang12 has given me the most reasonable response to my concerns in the previous post. As long as potential customers of BFYW 'wellness' products make no mental connection to the face of Ian James, there should be no major problem. I think that means that the BFYW initials and logo and website address should not appear anywhere on their products. The face of Ian James should be kept as a virtual secret to the average customer.
I have no knowledge of holding companies, and how they operate. Can anyone give me an example of popular products I might buy, where the company that sells it is actually held by a higher level holding company? And are customers like me likely to be completely unaware of the holding company?
While Mustang12 has given me the most reasonable assurances so far, his very first words in his first response to my first post about "The face of BFYW" showed that he sometimes thinks in a completely irrational way. He said, "You must be a woman because no man would write this." Well, I can only guess at the thought processes that led him to write those words. The words were somewhat effective as a funny insult. However his conclusion was 100% incorrect, I'm pretty sure. My birth certificate shows I was born a male. I have reproductive organs like a male, which proves that I must have a Y chromosome, just like any male. I served 4 years in the USAF, as a male enlistee. I have lusted after females, but never males. I've never had any sort of sex change operation. And I am almost 78 years old, so I can't be a boy rather than a man. So it looks like a very good bet that I actually am a man. And indeed, I did write the words that initially shocked Mustang12.
By the way, while I too have the impression that most of the people who post here are men, I think it might be good if women posted their opinions here--especially about BFYW, a company whose future products may appeal mainly to women. What do you women think about the potential problem of the moles on Ian James' face? Are there any women reading this?
Gwyneth Paltrow is selling her persona, so yes, if she suddenly broke out in moles it would impact her sales because the deliberate inference is that she looks the way she does because of her products (assuming she was selling cosmetics or facial cremes...not sure how it would affect her candle sales...but i digress)
Better For You Wellness is not selling Mr. Ian James persona, likeness, visage, in any way. No connection is implied between Mr. James appearance and the products that he may be selling.
Not to mention, Mr. James will not be selling anything directly. He is the CEO of a holding company that will amass a assortment of companies that will be selling products/services. etc. Although he may well be the 'face' of the corporation, I would feel safe in assuming that the companies that would be selling their products, would not be relying on his physical appearance to market their items.
Not in the slightest. Add more on every dip
Not complaining and not everyday. Simply saying vagina scented candles are a better concept than what these guys have coming is all. Didn’t hear a single person even disagree. I think everyone here knows they’ve been had.
How did they manage to get Fulton's Fish Market into a candle?
Mustang12 said: "The 'face' of a company, particularly ones that sell products is usually handled by Marketing firms, which this company has already hired." Well, if potential customers of BFYW products are making no mental connection between the new BFYW products and Ian James' face, there should be no problem. I was imagining, for example, that BFYW had a new face cream which they claimed was extremely healthy for the face. Would a woman who knew this face cream was an Ian James product, and knew what he looked like, want to put this cream on her face? Probably not, I think.
But as long as potential customers of BFYW products have no reason to make a mental connection between the products and Ian James' face, I guess his face should be no problem at all for the business. Whereas if Gwyneth Paltrow suddenly developed a set of moles on her face, just like those of Ian James, I think that would be a big problem for her Goop business. Because all the products are associated with her.
He's the face of the company,lol.Butt,as I always say,don't get fooled by a pretty face.
You're joking...right???....WOW...BFYW$$
Only in the OTC do these ding dongs come out…
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