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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company's portfolio of wellness companies leverages advancements in science and technology to enable consumers to find their individual path to wellness. Its portfolio business units include Mikra, which is a biosciences and consumer wellness company developing and selling products for cellular health and CannMart, which is a business-to-business (B2B) wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards.


TSXV:LFST - Post by User

Post by whisky11on Jan 28, 2021 7:57am
56 Views
Post# 32407311

Randomtask doesn't know thing about accounting

Randomtask doesn't know thing about accounting He's heavily invested in FAF. And that company is growing by buying financially stressed similar companies or part of it. So FAF buy  bankrupt unprofitable stores,  hoping that this is Gold mine. If someone wants to sell you cannabis store for cheap, there's a reason for it. That company is done, SP is going down for no reason, except the company itself.
He pretends to be self appointed financial guru ,he repeats his calculation over and over, that 
itself is a sign of chemically induced damage to the brain. So he takes 10% margin which was very unusual for Namaste, multiply a couple times for this and that ,until he comes with $50 million revenue needed to get to profitability. The truth is that margin is growing already, and in 2021 will be 40% the same time legal expenses will go dramatically down ,so CEO  on last video said that in this year Namaste will be profitable
PS I don't read his post I just see the header and I know what he talks about.
Fortunately when I login to Stokehouse he disappeared.
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