Lifeist Wellness Inc (NXTTF)

[ChazMichaelMichaelz]

You make great points regarding Sean...
He definitely got my attention and spurred my original investment in Namaste long ago. His last video did seem like he was unhappy with the cancellation of 420s, and was coerced.

I cannot believe the rest of Namaste was unaware of the transaction when it occurred. Hell, I was aware. Internal accounting controls should have hindered any suspicious activities prior to. Prior knowledge would negate any claim regarding breach of fiduciary duty. If they had the power to vote him out, then they had the power to overrule this transaction. I agree this feels like a railroading.

I am curious. I believe he was the largest shareholder, CEO and president, possibly chair of the board. It would seem it would take a substantial move on the parts of others to push him out. That would mean other co-founders (Kory) would also have to vote against him.

Not knowing the exact course of events, how they played out, and giving him the benefit of the doubt, it feels like individuals within the company want to cash in on a buyout, he is fighting it, and they are making a play to wrestle control away from him.