Connect with us

Business

LIFESTYLE DELIVERY SYSTEMS INC. (OTCMKTS:LDSYF) Accepts Advance Notice Policy

Published

on

LIFESTYLE DELIVERY SYSTEMS INC. (OTCMKTS:LDSYF) reported that its Board has approved amendments to the firm’s articles to accept an advance notice policy. This policy is intended to support an efficient and orderly special and/or annual meeting procedure and ensure that all stockholders get adequate information and notice about director nominees.

The details

The Advance Notice Policy establishes a deadline by which record holders of Lifestyle’s common shares must file director nominations to the firm prior to any special or annual meeting of shareholders, and gives out the information that an investor must constitute in such notice to the firm. In the instance of a yearly meeting of shareholders, notice to the firm must be made over 30 days and not beyond 65 days prior to the annual meeting date, unless the yearly meeting is to be planned less than 40 days post the meeting was initially reported, in which case notice can be done no later than the business close on the tenth day post the announcement.

The Advance Notice Policy was adopted on November 3, 2017. Currently, it is in full force and effect. Lifestyle Delivery plans to seek shareholder approval of the Advance Notice Policy at the firm’s next annual general meeting. If case of the Advance Notice Policy being confirmed or confirmed as modified at the planned meeting, it will continue in effect in the way in which it is so established.

On November 3, 2017, the firm’s Board resolved to change the deadline for achieving certain financial milestones established under the terms of its escrow deals with the ex-shareholders of Canna Delivery Systems Inc. The firm has agreed to extend the deadline until December 31, 2017.

In the last trading session, the stock price of LIFESTYLE DELIVERY declined more than 15% to close the day at $0.4682.

Advertisement src="//cdn.bannersnack.com/iframe/embed.js">
Advertisement
Advertisement

Title

INDUSTRIAL HEMP3 months ago

Near-Term Headwinds Hit Scotts Miracle-Gro Co (NYSE:SMG) With A Huge Impact

Bank of America Corp (NYSE:BAC) has disclosed that Scotts Miracle-Gro Co (NYSE:SMG) has lately been experiencing several near term risks....

INDUSTRIAL HEMP3 months ago

Argitek Holdings Inc (OTCMKTS:AGTK) To Focus On Acquisition, Revenues & Profitability In 2018

Argitek Holdings Inc (OTCMKTS:AGTK) recently revealed that in 2018, the company’s main focus will be the acquisition, revenues, and profitability....

INDUSTRIAL HEMP3 months ago

PharmaCyte Biotech Inc (OTCMKTS:PMCB) Completes Pore Size Studies & 29 Tests Useful In Pancreatic Cancer Therapy

PharmaCyte Biotech Inc (OTCMKTS:PMCB) has said that the cells it is planning to use in the clinical trial in patients...

INDUSTRIAL HEMP3 months ago

Puration Inc (OTCMKTS:PURA) To Apply For Canadian Recreational Cannabis Cultivation License; To Give EVERx CBD Sports Water Free Samples

Puration Inc (OTCMKTS:PURA) recently announced that it will be applying for the Canadian recreational cannabis cultivation license. The confirmation came...

INDUSTRIAL HEMP3 months ago

Marijuana Company Of America Inc (OTCMKTS:MCOA)’s JV Completes 10,000 Sq. Ft. Greenhouse Set up; Provides Update on Oregon Project

Marijuana Company Of America Inc (OTCMKTS:MCOA) recently announced that its Joint Venture with Bougainville Ventures Inc. based in Washington has...

INDUSTRIAL HEMP3 months ago

Lifestyle Delivery Systems Inc.(OTCMKTS:LDSYF)’s CSPA Group Inc. Receives 15000 Reveur Units & 300 Liters Distillates’ Purchase Orders In Two Different Deals

Lifestyle Delivery Systems Inc. (OTCMKTS:LDSYF) recently made two big announcements related to the receipt of two open purchase orders to...

INDUSTRIAL HEMP3 months ago

Viaderma Inc (OTCMKTS:VDRM) Provides Update On Its Flagship Product Vitastem; Signs $250,000 Agreement With Vage Nigeria Ltd.

Viaderma Inc (OTCMKTS:VDRM), a publicly traded specialty pharmaceutical company recently announced an update on the sales of its flagship product...

INDUSTRIAL HEMP3 months ago

Plandai Biotechnology Inc (OTCMKTS:PLPL) Phytofare Gaining Traction in International Markets

Plandai Biotechnology Inc (OTCMKTS:PLPL) recently issued an update following the successful launch of its Phytofare® supplement. Plandai Biotechnology is a...

INDUSTRIAL HEMP3 months ago

MassRoots Inc (OTCMKTS:MSRT) Issues 2018 Annual Shareholder Letter

MassRoots Inc (OTCMKTS:MSRT) has issued its 2018 Annual Shareholder Letter highlighting on its recent developments as well as its plans...

INDUSTRIAL HEMP3 months ago

Players Network (OTCMKTS:PNTV) Signs Binding Letter Of Intent To Acquire A 56,000-Square-Foot, Fully Operating Greenhouse Complex

Players Network (OTCMKTS:PNTV), a leading integrated and diversified cannabis holding company has announced that it has signed a binding Letter...

Advertisement
Advertisement
Advertisement