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ldsyf and ldysd ? why 2 different stocks?
And the plans, go ahead"
" ("COOL" or the "Company") announces that its wholly-owned subsidiary, LDS Development Corporation, has received grading permits and broke ground on the Highway 395 Dispensary project. The Adelanto Mayor, Gabriel Reyes, City Manager, Jessie Flores, and members of the City Council were all in attendance with shovels for the ground breaking.
The Highway 395 Dispensary project represents the final tier of the vertical integration for Core One Labs Inc. from plant genetics, cultivation, extraction, distillation, and manufacturing of cannabis products to direct delivery to the customer. The Dispensary site is located on Rancho Road and the 395 Highway in Adelanto, California, with a clear view for 120,000 passing vehicles each day.
The completion of the Highway 395 Dispensary will allow for benefits far beyond just the financial considerations created by the additional profit centers of online orders, in-store sales, direct delivery to customers, and reducing or eliminating margins paid to third parties. This dispensary will allow Core One Labs to donate CannaStripsTM to hospitals and medical organizations in the hopes of gathering much-needed research and documentation in professional environments.
Core One Labs CEO, Brad Eckenweiler, stated, "The completion of the Highway 395 Dispensary will complete the final piece of our mission to be fully integrated from genetics to the customer's doorstep. We will be controlling product quality and customer service at every level because today, success does not depend on just having a good product. Customer experience, great product, ease of ordering, and home delivery all play major roles in a company's ultimate success."
The Company will be updating the market as to the construction progress as the new information becomes available
Lifestyle Delivery Systems Inc. changed to Core One Labs Inc. and a reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Tomorrow opening- name and Symbal change
CORE ONE C:COOL
What a shame!
Page 6
https://static1.squarespace.com/static/5b5fb77f9772ae6ed9884719/t/5d6d853b411119000142fd53/1567458619930/LDS+-+FS+2019+Q2_Final.pdf
Gain on investment ... (3,968,114)
Where does this loss come from? Where has it been invested - can't figure it out...
Does somebody sees it?
This is the type of shit people need to address. Fuck school shootings, go find a CEO.
city of adelanto city council meeting tonight
Normally a share consolidation is done by a company that
needs funding to survive! In other words the company is NOT showing a profit!!
We need new leadership
" ("LDS" or the "Company") announces that its board of directors has approved a consolidation of all of its issued and outstanding common shares on the basis of six (6) pre-consolidation shares for every one (1) post-consolidation share (the "Consolidation"). LDS also announces that, in conjunction with the Consolidation, the Company intends to change its name to "Core One Labs Inc." (the "Name Change").
As of the date of this news release, LDS has 139,465,194 common shares issued and outstanding. Upon completion of the Consolidation, LDS anticipates that there will be approximately 23,244,199 common shares issued and outstanding, not including rounding for any fractional amounts resulting from the Consolidation.
Completion of the Consolidation and Name Change is subject to the approval of the Canadian Securities Exchange. In accordance with LDS' Articles, the Consolidation and the Name Change do not require shareholder approval.
About Lifestyle Delivery Systems Inc.
Lifestyle Delivery Systems Inc. is a technology company that licenses its technology to a
state-of-the-art production and packaging facility located in Southern California. The Company's technology produces infused strips (similar to breath strips) that are not only a safer, healthier option to any other form of delivery but also allows for inclusion of a wide spectrum of ingredients from over the counter medications to homeopathic, nutraceutical, vitamins and supplements. The technology provides a new way to accurately meter the dosage and assure the purity of selected product. From start to finish, the production process, based on the Company's technology, tests for quality and composition of all the ingredients used in each and every strip which results in a delivery system that is safe, consistent and effective."
has the adelanto city council approved the construction of the building yet ?
Probably B.S. - my grand daughter got the last 9 pkgs in Korean Town area and they say their orders are not being refilled?
Brad was probably holding back for his buddy Jim so we will see if the crank up the machine now that the scam is squashed.
For a change-POSITIVE NEWS
" ("LDS" or the "Company") announces 10 additional dispensaries as CSPA Group, Inc., the Company's wholly-owned subsidiary, continues to expand the availability of its flagship product, CannaStrips™, within the California market.
CannaStrips™ availability continues to grow as planned and the positive consumer feedback is great to hear as the Company gains additional exposure in the recreational market throughout California. The Company continues to identify industry influencers and potential collaborative partners to realize the market potential of its discreet and effective CannaStrips™.
CSPA's team holds vendor days, trains retailers, and educates budtenders about the vast advantages that CannaStrips™ have over anything else on the store shelf. Casey Fenwick, the President of LDS, stated, "We are seeing the benefits of our customer focussed approach as the educated retailers and customers recommend our product thereby increasing sales and the speed of reorders. The affordability of CannaStrips™ immediately removes any consumer purchase apprehension and encourages traditional cannabis consumers to explore a new product and realize the social benefits of adding CannaStrips™ to their cannabis use. Continuing to gain market awareness is hugely beneficial as we approach critical mass and full market acceptance of CannaStrips™. The feedback from consumers is very positive on efficacy, ease of use, discretion and ability to use the product in nearly any social setting."
Below are 10 new dispensaries carrying CannaStrips™:
Patient Care First
Phenos
Doctors Choice
Silverstreak Delivery
Honest Choice
The Higher Conscience
The Peoples Remedy (McHenry)
LA Kush
Safe Capitol Compassion Co-Op
LPC Delivery
About CSPA Group Inc.
CSPA Group, Inc. is located in Adelanto, California and is a City-Permitted and State-Licensed manufacturer and distributor/transporter in the California cannabis industry. CSPA Group manufactures extracted oils and distillates, and producing CannaStrips™ under a license agreement with Lifestyle Delivery Systems Inc., a British Columbia corporation.
About CannaStrips™
CannaStrips™ is formulated oral strip for effective buccal mucosal delivery that disrupts the barrier created by saliva coating the mucosal membrane for the active materials (in this case cannabinoids) which have been nanoparticulated and encapsulated to penetrate the multiple layers of mucosal and sub-mucosal membranes to the blood stream. Once in the blood stream the encapsulation is undetectable as a foreign material by the liver. This undetectability allows the material to avoid being filtered out of the blood stream by the liver. The encapsulation also is more effective in penetrating the blood-brain barrier and allowing for greater bioavailability and extending the effective time from a single dose."
Brad is playing more games? Dispensaries can't get product even though they say it is popular.
the deal is already cancelled... share price is going up again...
samdan: ldsshareholders@gmail.com is a place to lv your amount of shares and contact info.
My speaking with BCSE was quite illuminating and encouraging
The BSCE stated that the valuation offer for LDS could Not be considered by BSCE whether legitimate valuation or not as that is in the eye of the buyer and seller NOT the BSCE.
However, the executive of LDS, based on their history and personal positions, would be considered in their acceptance of the offer as being self-biased. Thus the acceptance of any offer could be SOLEY a voted decision by independent s=hareholders of LDS -ie no member of the Board and management.
Please register with ldsshareholders@gmail.com - big things happening and need the ammo.
News: $LDSYF Lifestyle Delivery Systems Inc. Announces a Termination of Exclusive Agreement to Amalgamate Lifestyle Delivery Systems Inc. with TransCanna Holdings Inc.
Lifestyle Delivery Systems Inc. Announces a Termination of Exclusive Agreement to Amalgamate Lifestyle Delivery Systems Inc. with TransCanna Holdings Inc. Canada NewsWire VANCOUVER, British Columbia, July 12, 2019 VANCOUVER, British Columbia , July 12, 2019 /CNW/ -- ...
In case you are interested Lifestyle Delivery Systems Inc. Announces a Termination of Exclusive Agreement to Amalgamate Lifestyle Delivery Systems Inc. with TransCanna Holdings Inc.
yeah! No LDS share price can go up!
And have a look, TCANN goes down :)
Great news!!
("LDS" or the "Company") and TransCanna Holdings Inc. (CSE: TCAN, XETR: TH8) ("TransCanna") have mutually agreed to terminate the non-binding letter of intent ("LOI") dated June 28, 2019, whereby LDS and TransCanna would combine in an amalgamation transaction. After receipt from TransCanna of a request to modify the terms of the amalgamation, the Company's management determined that the proposed transaction would not be in the best interests of its shareholders and, as a result, the LOI has been terminated by mutual agreement. Neither LDS nor TransCanna has requested or provided any proprietary information to the other party, nor have they conducted any due-diligence with respect to the transaction proposed in the LOI.
The Company will continue to update the market on all events as they become relevant"
I suspect that my post re possible BCSE ruling that management would NOT be allowed to vote their shareholdings in any vote re the proposed take over was REAL. But not sure that was the reason.
The FACT that over 30 vulture law firms were lined up with class action lawsuits may have been the catalyst as well!
Sell TCAN - buy LDSYF
The best deal for TCAN stockholders is now to sell TCAN and to buy 10 LDS instead - and they still had left some money.
If the deal comes true (what I don't hope, because its just ti scam LDS stockholders) they would have the same amount of TCAN stocks as before. If the deal doesn't come true they gave stocks from a company that already earns money instead of a company that has no money any more (75000 $), no producion, no selling and a loss of 20 cent per share.
Just a thought.
I have had a discussion with a number of investors who are familiar with BCE matters. They state that if enough shareholders of LDS complain to the BCE, they MAY rule that management of LDS could NOT participate in the vote to merge with TransCanna. ie only independent shareholders vote COUNTS.
I will be trying to find out if this is true. Please help.
Thaks SamDan - I was on yahoo canada and didn't go thru all that. But I appreciate it ! We need all the small holders to vote no !
No but please take a few minutes to file a complaint with the BSEC online.
If you have lost money on this proposed transaction please contact BSEC British Securities Exch Commission. They have a website for complaints.
Yahoo says the Enterprise value is about 1.40/ share. Back of the napkin probably pretty close licenses, contracts etc.
Banking on screwing us shareholders !
ANY ONE KNOW WHEN VOTE WILL HAPPEN?
Ever wonder how TCAN can acquire these companies with nothing but their worthless stock? No earnings - no sales and no money.
COULD THEY BE PAYING THE MGMT OF THE ACQUIRED COMPANIES ON THE SIDE?
LDS IS ALMOST PROFITABLE AND TCAN DOESN'T HAVE A HOPE WITHOUT LDSYF !
VOTE NO NO NO - 10 SHARES TO THOUSANDS WE NEED YOUR VOTE.
Ever wonder how this company with no sales and no expertise but marketing can acquire these companies with their worthless stock? Could they be paying the acquired companies mgmt on the side?????
I AM WONDERING !!!!!
"TransCanna is banking on the future of intelligently executed cannabis brand offerings"
Source: NetworkNewsWire
That's a really good business model... Giving an empty box a name and try to find somebody who likes to sell ist.
TransCanna seems to be a joke... not more...
Thanks Tom !
Pure scam - Brad is up to his old tricks - can't teach a crook to go straight?
TCAN stock is tanking and this makes the LDSYF buyout a joke - Pure "Pump & DUMP"
Please vote no when the package arrives. No amount of shares is too small.
We need to stop this swindle !!!!!
This is a pure scam. LDSYF is on its way to profitability while TCAN will never be profitable without LDS.
Old Honest BRAD is in collusion with his old boss at TCAN
PLEASE VOTE NO !
AND IF YOU LIVE IN CANADA COMPLAIN TO THE REGULATORS THAT THIS IS UNFAIR TO THE LDS STOCKHOLDERS.
By the way - this more or less worthless Transcanna Company was founded and is run by a former LDS employee... probably good relations to Eckenweiler - anyway Transcanna will never make money without help. LDS will. No reason to sell LDS for a worthless stock of a zombie company running by marketing people only.
The LDS announcement says "...TCAN northern California facility..." I can't find anything about any production in any document. Maybe somebody can help to find it....
Further on the document says "...TCAN-known cannabis brands...". There are no sales at all in any of the financial documents... Anybody know about these famous brands they sell? At least there seems to be not a single cent revenue out of that.
The Company’s CEO, Brad Eckenweiler, stated, “We believe that the amalgamation of our two companies will ultimately yield a value greater than the current individual values of LDS and TCAN. ..."
The problem seems to be that TCAN has no value at all. 75000 $ cash, no brands, no sales, no revenues, 20c loss a share. They can't survive anyway...
It would be really nice to get a statement of Eckenweiler that shows the brands, the production and the revenues of TCAN to the shareholders.
see my last post too...
Due to the facts a fair value would be 20 Transcanna shares for 1 LDS share !
It's a totally empty, non producing, non selling, zombie company with 20c loss per share and a financial worth of about 75000 $. That deal would be totally crazy.
And they pay to LDS already... just 9000 $ and more they can't afford anyway...
On January 1, 2019, as final of payments for the Royalty Agreement with LDS, the Company (Transcanna) issued 19,781 shares at $0.50 per share to LDS (Note 4) with a fair value of $9,891.
They already pay LDS anyway.
Transcanna just has left a value in cash of 74'310 $. A loss of 20c per share. No revenues!
Have a look ad sedar.com, Financial Statements, November 2018.
Transcanna seems to be a zombie company.
I would love to get some explanations from LDS to that deal, really...
A search of TransCanna Holdings Inc.on SEDARshows NO revenue
produced by the company. Only monies raised on private placements from .50 to 5.00 !!
Smells like a pure pump play.
LDS has building revenue stream .Why would shareholders combine with a supposed distribution company with NO history of any production?
LDS management are either delusional, ignorant or believers in pure hype! Which is disconcerting to shareholders.
The share price of TCAN will soon be significantly downsized by warrants and PP shares becoming tradable.LDS shareholders will be further down graded and once compromized, never show significant upside because of 1 for 10 consolidation' Even 1 for 1 would be jeprodized when reality sets in.
BEWARE. TSX exchange should not approve of this deal , let alone LDS shareholders
IMO I don’t think the deal will go through as planned.
TransCanna was a shell company that was a pure stock promotion. They raised a bunch of money in April at a higher price than $4.10. TransCanna will drop a lot as lots of locked up shares expire soon.
Not sure what it means for LDS.
Do the amth people we need a little over 3 million to be profitable which is doable !
TCAN needs 30 million to break the nut - ain't gonna happen without us !
VOTE NO PLEASE
Please vote no as we deserve a better premium. Remember all of Brad's rosy promises.
No matter how few shares you have we need your vote. THEY DO NOT HAVE ENOUGH VOTES TO FORCE THIS DEAL WITHOUT YOUR APPROVAL.
We need at least 10-20% more for our stocks.
We will be about 30% of the company if approved ! Brad is letting them steal us for the least premium he thinks will be upheld in a review.
No idea if this move by management is a good or bad move. LDS shareholders will see a significant fewer shareholding and the subsequent share price will be stable. Or is this only a set up for a coming PP.
" ("LDS" or the "Company") announces it has entered into an exclusive agreement to negotiate a proposed business amalgamation between TransCanna Holdings Inc. (CSE: TCAN, XETR: TH8) ("TransCanna", or "TCAN") and Lifestyle Delivery Systems Inc. The proposed business amalgamation is expected to involve the acquisition by TransCanna of all the outstanding common shares of LDS at a price equal to the greater of $51,660,140 payable in common shares of TransCanna and the amount resulting from a fixed exchange ratio of one (1) TransCanna common shares for every ten (10) LDS common shares.
This transaction, if completed, would allow for the operational foundation created by LDS to be expanded into the TCAN northern California facility in a significant way. In this new entity the TCAN-known cannabis brands with LDS expertise could have a potential to be cultivated, processed, manufactured and taken direct to market almost immediately upon closing of this transaction. The shareholders of LDS will receive a premium on the current price, while being protected from any downside pricing risk between the day of this news release and the closing date by the purchase price floor of $51,660,140 (which can be greater but not less) and the fixed share exchange ratio of 10:1 LDS shares for TCAN shares. TCAN management has been successful in their ability to promote and deliver to the market a comprehensive vision of the value of a vertically-integrated California cannabis operation. This transaction would make that vision a reality the day it closes. There are a number of transaction qualifications required before this decision goes to the shareholders. The due diligence by both companies, a fairness opinion and the approval from the Securities Exchange Commission. Ultimately the shareholders will determine the final decision of whether or not the amalgamation will be completed.
The Company's CEO, Brad Eckenweiler, stated, "We believe that the amalgamation of our two companies will ultimately yield a value greater than the current individual values of LDS and TCAN. During the coming months, I believe the benefit of this transaction will become apparent to all the parties. The transaction will require approximately 60 days to structure and its closing will be subject to the approval of the Securities Exchange Commission, a fairness opinion, due diligence and the shareholders' approval. During the estimated 60-day period the shareholders will have ample time to decide for themselves as to the value of this transaction. Moreover, there is no single group, brokerage or the management for LDS that have a percentage of ownership that would constitute a majority interest capable of deciding this issue alone. This transaction will be decided by the shareholders, period."
News: $LDSYF Retailers are Racing to Meet Sizable Worldwide Demand for CBD
June 19, 2019 Palm Beach, FL – June 19, 2019 — According to the Brightfield Group, worldwide CBD sales are expected to soar from $591 million in 2018 to as high as $22 billion by 2022 – a compound growth rate of 147%. All as consumers and retailers c...
Find out more https://marketwirenews.com/news-releases/retailers-are-racing-to-meet-sizable-worldwide-demand-for-cbd-8381698.html
News: $LDSYF Lifestyle Delivery Systems Inc. Delivers CannaStrips(TM) to Brand Collaboration Partner LA Kush
VANCOUVER, British Columbia , June 19, 2019 /PRNewswire/ -- Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQX: LDSYF), ( Frankfurt : LD6, WKN: A14XHT) ("LDS" or the "Company") announces the delivery of its flagship product, CannaStrips TM , to California Herbal Remedies ("CHR") for roll ...
Find out more https://marketwirenews.com/news-releases/lifestyle-delivery-systems-inc-delivers-cannastrips-tm-to-brand-collaboration-partner-la-kush-8380964.html
GRQDUQL EXPANSION OF OUTLETS FOR CANNASTRIPS
" LDS" or the "Company") announces the delivery of its flagship product, CannaStrips™, to nine additional stores.
CannaStrips™ rollout is proceeding according to plan. As mentioned previously, the Company continues to see the current progress as an introduction and education phase, as CannaStrips™ is a market disruptor differing from other products with its discrete, effective, and true sublingual delivery. The Company's education efforts both to the merchant and the consumer have been bolstered with CannaStrips™ being available at multiple festivals and winning First Place for Best Edible at Kushstock. The Company has been diligently working on marketing and execution of its rollout strategy as it continues to increase the brand awareness, availability, and sales of CannaStrips™.
The Company sees CannaStrips™ gaining traction among consumers who are looking for discrete, non-offensive delivery while benefiting from cannabis. Importantly, the ease of use and efficacy of CannaStrips™ appeal to the broader market throughout California.
President of LDS, Casey Fenwick, stated, "Within four months of active sales we have seen the frequency of reorders and order size steadily increasing. It is exciting to see our team's hard work paying off with growing brand awareness as we increase sales. I have been having great conversations with some of the larger California brands about branding collaborations. With the anticipated increase of traffic through the CannaStrips™ website that is being updated, it will be a perfect time to finalize some of these collaborations. The CannaStrips™ sales team is continuously performing vendor days in the stores and providing customers of the stores with more information about the science of the product."
Below are 9 new dispensaries carrying CannaStrips™:
Green Rush
From The Earth (Santa Ana)
From The Earth (Port Hueneme)
The Circle
Flower Power
California Herbal Remedies
The Peoples Remedy (Patterson)
The Peoples Remedy (Oakdale)
The Peoples Remedy (Modesto)
About CSPA Group Inc.
CSPA Group, Inc. is located in Adelanto, California and is a City-Permitted and State-Licensed manufacturer and distributor/transporter in the California cannabis industry. CSPA Group manufactures extracted oils and distillates, and producing CannaStrips™ under a license agreement with Lifestyle Delivery Systems Inc., a British Columbia corporation.
About CannaStrips™
CannaStrips™ is formulated oral strip for effective buccal mucosal delivery that disrupts the barrier created by saliva coating the mucosal membrane for the active materials (in this case cannabinoids) which have been nanoparticulated and encapsulated to penetrate the multiple layers of mucosal and sub-mucosal membranes to the blood stream. Once in the blood stream the encapsulation is undetectable as a foreign material by the liver. This undetectability allows the material to avoid being filtered out of the blood stream by the liver. The encapsulation also is more effective in penetrating the blood-brain barrier and allowing for greater bioavailability and extending the effective time from a single dose."
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