Replies to post #385 on Lifeist Wellness Inc (NXTTF)

[PotterBanker]

I hadn't noticed that. Excellent diggin there my friend. Just so everyone's on the same page, from the CSE website:

1. Significant Transactions and Developments

1.1 CNSX defines the term “significant transaction” as any corporate transaction, not
involving equity securities, that constitutes material information concerning the
CNSX Issuer. Significant transactions include, but are not limited to, material
acquisitions, dispositions, option and joint venture agreements or license
agreements entered into by the CNSX Issuer. In addition, “significant transaction”
includes

(a) any transaction or series of transactions with a Related Person with an
aggregate value greater than the lower of (i) $10,000 and (ii) 10% of the
CNSX Issuer’s market capitalization;

(b) any loan to a CNSX Issuer other than a loan made by a financial
institution;

(c) any payment of bonuses, finders fees, commissions or other similar
payment by a CNSX Issuer; and

(d) entering into any oral or written contract for Investor Relations Activities
relating to the CNSX Issuer by the CNSX Issuer or by any other person of
which the CNSX Issuer has knowledge.

... it goes on to describe more but that's the jist.

If I'm understanding the above correctly, it would make perfect sense to move to an exchange that doesn't charge extra for those sorts of transactions because that's what Next Gen is in the business of doing, those sorts of transactions.

What's your take on it?