Lifeist Wellness Inc V.LFST

Lifeist is setting itself up for a huge pay day!!!!

[ddtruthdd]

I can't empathise enough how massive the GNC deal is they have 2330 stores in the usa to put that in perspective Walmart the largest retailer has 4632 stores in the usa  its absolutely massive its the biggest health product store in the usa  there product mikra could make millions from this deal its unbelievable what this company has been able to accomplish in the last few years  I don't care what the share price is. Its  no way a representation of what lfst has been able to accomplish the market will wake up and lfts will sky rocket soon

Go lfst!!!!


https://stockhouse.com/news/press-releases/2023/05/09/lifeist-s-mikra-receives-first-purchase-order-from-leading-global-health-and

[steveM45]

Its an assumption they will be in all stores.  New products are usually tested in a few first. Also, what accomplishments?  Everything has been an absolute failure over the past few years and now they are out of cash, surviving off dilution every month.  No $'s for marketing or salaries even.  Just more shares being issued for everything....can't last much longer

[ddtruthdd]

Gnc is an intelligent company with over  5000 stores worldwide they would not associate themselves with lfst if they didn't believe they had a viable product they could make profit from they believe in mikra they don't have time throw money away  on large purchase orders and there gearing up to stock all the stores they have distributed to large portion of stores already. Its a

[steveM45]

They didn't disclose any PO details for a reason.  You can assumne it's big, but if it was, it would be disclosed.  How do we know LFST didn't convince them with more of the margin than LFST themselves?  Just to get a PO they could pump...they've done it before with Ignite and others. Its a good sign staff is taking shares, since if they didn't, they would be

[ddtruthdd]

It's a irrefutable fact lfst has been recording higher revenues And historically lower financials in the last few quarters if you look at there history the company its  trending upwards and not anywhere close to bankruptcy Gnc  would not touch lfs if they didn't  see a prosperus opportunity and thought they wouldn't be able to continue doing business in the 

[ddtruthdd]

Aswell Just to clarify my sentence I meant higher revenues and historically lowers expenses over the last few quaters

[dungeon3]

All this sounds great, BUT the stock price is not and has not been great One can remain hopeful I guess...

[steveM45]

Higher rev's technically yes, just not nearly enough to move the needle. Perhaps you dont understand 'insolvency'.  Its when you don't have enough cash to pay your bills.  If they aren't profitable, and out of cash, then insolvency is approaching quickly since they've used up every avenue to bring in more cash.  There's a reason it's at historical

[ddtruthdd]

The stock price is not always clear indication of the overall performance the entire cannabis industry is trading at all time lows winners want to do business with other winners and gnc saw potential in lfst there not looking for a quick dollar the would prefer a sustainable long term business relationship as any business would want from a good supplier so there fully aware of there finincials and

[steveM45]

I have to disagree on your premise that GNC only does business with 'winners'. Most retailers will carry anything that sells well enough for them to justify the shelf space. Have you found any facts to backup your impilication that GNC is paying for these products up front?  Since no PO details have been disclosed, this must be pure conjecture on your part. Your hyperbole on being

[ddtruthdd]

I can see premise of your argument is to focus old news from 5 years ago  and discredit the recent impressive developments of the company the mere fact you would accuse lfst of falsely buying awards is all I need to hear ridiculous theories and crazy accusations. The Fact is Roilty brand has 86 percent store penetration in canada  thats a FACT! The consumers and retails stores have