My fellow Shareholders,
As Lifeist prepares for a truly transformative year, we have received meaningful feedback from shareholders regarding the strategic focus of Lifeist going forward, its compensation structure and incentivization of management, and the value that fresh insights and approaches might bring to Lifeist's core businesses.
At this time,
Furthermore, the members of the Board of Directors have also individually agreed to reduce their own compensation in order to cut costs and improve cash flow for Lifeist in this pivotal year.
We are more confident than ever in Lifeist's roadmap to cash flow positivity and profitability. Initiatives presently underway at its operating subsidiaries hold great promise for the realization of shareholder value, and we look forward very much to reaching new milestones in 2024.
On behalf of the Board of Directors,
/s/ “Branden Spikes”
Ph: 647-362-0390
Email: ir@lifeist.com
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