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Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWD

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 CannMart, which operates a business-to-business (B2B) wholesale distribution business facilitating recreational cannabis sales to Canadian provincial government control boards including for CannMart Labs, a butane hash oil (BHO) extraction facility producing high margin cannabis 2.0 products; Australian Vaporizers, an online retailers of vaporizers and accessories in Australia; CannMartMD, a Health Canada compliant telemedicine application, providing an integrated patient portal with remote access to healthcare practitioners; Lifeist Vapes, which sells herbal vaporizer hardware and ancillary products in Europe and Canada, and Mikra, a biosciences and consumer wellness company developing and selling therapies for cellular health.


TSXV:LFST - Post by User

Comment by whisky11on Jan 12, 2023 6:13pm
131 Views
Post# 35219802

RE:Wishing Everyone here the best in 2023

RE:Wishing Everyone here the best in 2023Nice story but nothing is true in it. It will be multibillion dollar company,  that's what it says in the company website. More than three years ago they draw plan they told us it's gonna be long development and and all of that is happening. Development in the company is much better than I hoped for.
Meni Morim got his shares for $1.80 and $1.04 it was more than 2 million . He never sold them, because he knew it will go back.
How much money you  lose if this company 's stock price skyrocket? It's around the corner.

Oban1kenobi wrote: I just wonder if people have seen the share count lately ....almost at 441 million shares, and more than likely we are not done yet !!

I hope people are aware of a couple of things here, there will be more dillution in our future AND THEN an inevitable RS, the share count has unfortunately gotten out of control.

For those who bought in at the 4 dollar mark, that means this company will HAVE to become a multi-billion dollar company  for them to just break even.  For anyone who says those people should have just AVERAGED down over the last few years, then they would have undoubtedly lost more of their hard earned money.

As great as today's news is, people must be aware that there is a long long road ahead for shareholders, especially since products are yet to be rolled out on these platforms. 

Not sure if some people will ever recoup their losses but I hope the best for everyone.


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