Thursday, August 15, 2019 8:31:20 AM
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."
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