CULT Food Science Announces that Marc Lustig Has Acquired 15% of the Company
Summary
Esteemed Canadian Entrepreneur Discloses Position of Over 27 Million Shares, Becoming The Largest Shareholder of the Company., /PRNewswire/ - CULT Food Science Corp. ("CULT" or the "Company") (CSE: CULT) (OTC: CULTF) (FRA: LN0), a pioneer in the investment, development, and commercialization of cellular agriculture technologies and products, is pleased to announce that has acquired 15% of the company through his family office L5 Capital Inc., becoming the largest individual shareholder.is an esteemed Canadian entrepreneur with a background in biotechnology, life sciences and cannabis. As a first-mover in the cellular agriculture space, CULT has the opportunity to play a unique and valuable role in the industrys exciting scientific innovation," said . Mr. Lustig has repeatedly demonstrated the ability to be a first mover when it comes to emerging trends and also possesses a deep knowledge of how to build significant value for shareholders. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include but are not limited to the following risks: those associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume.