Hamed Shahbazi Buys 2,049,667 Shares of Wellness Lifestyles Inc (WELL) Stock

Wellness Lifestyles Inc (CVE:WELL) Director Hamed Shahbazi acquired 2,049,667 shares of the stock in a transaction dated Friday, February 9th. The shares were bought at an average cost of C$0.30 per share, with a total value of C$614,900.10.

Shares of Wellness Lifestyles Inc (CVE WELL) opened at C$0.39 on Thursday. Wellness Lifestyles Inc has a 12-month low of C$0.11 and a 12-month high of C$0.50. The firm has a market cap of $16.54 and a price-to-earnings ratio of -7.80.

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About Wellness Lifestyles

Wellness Lifestyles Inc, formerly Movarie Capital Ltd, a Canada-based capital pool company. The Company’s principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate the terms upon which the Company may acquire an interest in the asset or business subject to shareholders’ approval and acceptance by regulatory authorities, which will meet the definition of a qualifying transaction.

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