Better For You Wellness Inc (BFYW)

[BigJuan]

Yea but it is cheap for what it is…

[adamski]

From the last 8-k:

The Company has formed a wholly-owned subsidiary, Glow Market LLC ("Glow Market"), an Ohio Limited Liability Company, to build and operate digitally-native, mission-driven brands within the clean beauty sector in multiple consumer product categories.

The Company's subsidiary, Glow Market, has launched its first brand, Better Suds, an impact-driven brand that sells cruelty-free natural soap. Better Suds is committed to positively impacting the environment by removing 1 pound of plastic from the ocean for every soap sold through donations to Ocean Blue Project Inc., which is a 501(c)(3) organization removes plastics from oceans and waterways.

Better Suds has begun sales in the United States on its direct-to-consumer ("DTC") e-commerce website (www.bettersuds.com) with six different products available including:

? Aromatherapeutic Eucalyptus Soap
? Gentle Turmeric Soap
? Exfoliating Sunflower Soap
? Refreshing Citrus Soap
? Rejuvenating Charcoal Soap
? Soothing Coconut Shea Soap

With the Company's launch of Glow Market and Better Suds, Better For You Wellness, Inc. has ceased to be a shell company, as defined in Rule 12b-2 under the Exchange Act, and is no longer a blank-check company.

[georgeofthebungle]

Nothing to move this POS

[i_like_bb_stock]

8k https://last10k.com/sec-filings/bfyw/0001062993-21-012232.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=bfyw

[Kula7]

The average time for the due process period (LOI to acquisition) is 45-180 days. That might make BFYW's acquisition(s) happen as early as mid January and as late as early June 2022 (if they come to fruition at all). Then, there's the wait for the first quarterly report to be filed post-acquisition, which could be revealing. There is nothing instantaneous about this process.

[georgeofthebungle]

Looks like some crapped the bed here

[splintered sunlight]

Not to mention that it is now December and there is a ton of selling in these types of stocks.

[Senylover]

Well, I have no previous experience with SPAC stocks. But I think I understand that BFYW is still an empty shell, despite several LOI's (Letters of Intent), which clearly mean that these acquisitions have have yet to be made, for real. So skepticism is bound to grow until some of the acquisitions become real, and until BFYW moves to the OTCQB, etc. The resignation of one director also didn't help. It looks bad, even though her reason for resigning may have had nothing to do with her actually wanting to divorce herself from BFYW. I'm still thinking that patience will pay off.

[goingupnow0]

People will claim yes, I’m not so sure. Possibly. But the selling has been ridiculous… for weeks on end.

[Senylover]

The S&P 500 (and market at large) has been trending down since November 22nd. Does that have any influence on small-caps like $BFYW?

[georgeofthebungle]

Noticed how management was pumping and now not a peep?

[goingupnow0]

What shit!! Everyday down!!

[alctel]

Jeez, what's happening today. Down 20% now

[kevhead]

Ya...just a lil frustrating here lately...I will continue to hang in there tho, still well above my ave, and the mgmt is "top shelf" IMO for an OTC...be niceee to get a lil sustained traction tho for sure...BFYW$$

[BigJuan]

Lol, this thing has some decent connections. Pps is cheap here imo. Better updates would be helpful though, I agree :)

[Senylover]

The director who resigned is Leslie Bumgarner. Her resignation takes effect on Dec 31, 2021. I forget where to find 8K's, but I found a news article link below the BFYW stock chart at Yahoo! Finance:
https://finance.yahoo.com/news/better-wellness-announces-resignation-director-133000993.html

And in general, that Yahoo stock chart is a decent place to find the latest news release about BFYW.

[goingupnow0]

A board member resigned nothing exciting

[fishingGreg]

What does the 8K say and can someone post it?

[kevhead]

We need a good 8k, this can't handle any bad news and logos right now...lol...SMH...BFYW$$

[alctel]

8K out - director resigned

[splintered sunlight]

Fabulous

[i_like_bb_stock]

uplisting to the OtCBQ https://www.newsfilecorp.com/release/103237

[i_like_bb_stock]

agreed

[kevhead]

Niceee moves BFYW...this new mgmt is aggressive...like it...PAYtience$$

[fishingGreg]

Let's go, march to NASDAQ!!!!!!!!!!!!!!!IMHO

[i_like_bb_stock]

agreed

[i_like_bb_stock]

new highs gonna get noticed, making lots of acquisitions still cheap

[knack]

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 (-:

[knack]

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 (-:

[BigJuan]

“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.”

[aljafy]

https://cannuka.com/pages/our-story

CBD skin products

[hb90]

Sure looks like this is ready to bounce

[i_like_bb_stock]

yes

[BigJuan]

$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

[i_like_bb_stock]

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

[gdog]

yup for now, its hanging right in the same trading range for the last few days.

[splintered sunlight]

A lot more sellers than buyers.....

[gdog]

More sells than buys. :+)

[alctel]

any reason for it tanking?

[Edmcgrath]

For better wellness for the shareholders we hope.

[edro]

If I recall correctly,it's around 7 mil or so collectively.

[alstocks]

Was there any revenue projections for these

new acquisitions…..!?!?

Good luck to all

[kevhead]

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$$

[splintered sunlight]

Got to get him to buy a couple of million shares....

[i_like_bb_stock]

Montell Williams is tweeting about us!

Building something big at $BFYW (Better For You Wellness)!

Mary Louise Cosmetics will be a fantastic addition to @OTCBFYW’s skincare vertical.https://t.co/95gGQteGXy

— Montel Williams (@Montel_Williams) October 27, 2021

[i_like_bb_stock]

news Better For You Wellness Signs LOI to Acquire Mary Louise Cosmetics https://www.otcmarkets.com/stock/BFYW/news/story?e&id=2033108

[gdog]

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. 

[edro]

I wonder what they will pay for the Clay company.

[i_like_bb_stock]

yes it does

[gdog]

looks like a nice reversal underway.