Lifeist Wellness Inc V.LFST

Is it $0.25 per share or more?

[whisky11]

 

This company end up with $1.4 million cash, $5.6 million inventories, $3.7 million working capital. It's more than $10million and that makes it double of the value at the manipulated market.
ps. How much the share should cost? Is it $0.25 per share or more?

[steveM45]

Now that the working cap is in the negative, they won't qualify to borrow from anywhere, nor can they issue more shares, nor will insiders buy, nor will they survive another qtr. Business wind down almost complete, bankruptcy planning underway.

[deet]

Yes. A once proud and promising company has been totally decimated. Look at the 10 year chart. I remember buying for .34 cents and selling for $1.50. The company peaked in the $4 range and I bought and sold a few more times on its way up. This used to be a fun play like all other dope stocks during the buying frenzy. Many have disappeared. Who would have thought?! Fortunes were made....and also