Life On Earth, Inc. CEO Updates Shareholders and Releases New Corporate Presentation

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New York, New York--(Newsfile Corp. - March 18, 2021) - Life On Earth, Inc. (OTC Pink: LFER) (the "Company") has released its latest Letter to Shareholders from its new Chief Executive Officer. Below are some of the highlights from the letter:

Excerpt from the CEO's Letter to Life On Earth, Inc. (LFER) shareholders discloses the following:

Where are we today? Since joining the Company in January, we have done the following:

  1. Vetted the opportunities in the Cloud Software Enterprise markets that the Company had already engaged to partner up with.

  2. After careful due diligence, the first move I made was to recommend to the board to not proceed with its plans to acquire the assets of KloudGaze, Inc. We have made the proper 8K disclosures and that Asset Purchase Agreement (APA) has been terminated.

  3. The Company had also looked into another software company, SmartAxiom, Inc. and after careful due diligence and working with SmartAxiom's leadership team, I recommended that the Board proceed and offer to acquire the whole company as well as bring their leadership team onboard to join Life On Earth.

  4. The Company is in the final stages of the Purchase Agreement with SmartAxiom; we have released a Corporate Presentation to help illustrate what Life On Earth, Inc. will look like after completing its acquisition of SmartAxiom.

  5. The reasons why I recommended acquiring SmartAxiom is to create exceptional value by a) scaling, b) creating, c) selling, d) marketing and e) profiting from offering solutions based on core SmartAxiom patented technologies. The IoT solutions driven by newly introduced 5G communications, the need for unbreakable Cyber Security, and the end-to-end solutions in the Cloud presents us with the opportunity to create exceptional profitable products as well expand on SmartAxiom's current products offerings.

  6. We are completing a structured financing that will include the Company's largest stakeholders, the founding members, the largest debt holders, new investors, and myself as a testament to my solemn belief in what we're doing. This financing is also being done in a manner that is non-toxic, in a Preferred Series instrument with eventual convertibility features that would be at higher valuations compared to the closing price of the Company's shares as of the writing of this Update. We believe that this Company is truly undervalued compared to what our peers in this industry are valued at. Our job will be to execute and to prove it.

The Company also releases a comprehensive Corporate Presentation highlighting the details of its upcoming acquisition with SmartAxiom, Inc.