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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 leverages advancements in science and technology to develop innovative products to support human wellness and transform lives. The Company's key asset is its United States biosciences subsidiary Mikra Cellular Sciences Inc. (Mikra), a biosciences and consumer wellness company focused on developing and selling products. Mikra's products consists of Focus, Protect, Serenity, and CELLF.


TSXV:LFST - Post by User

Bullboard Posts
Post by OptimumCannaon May 09, 2017 11:06am
161 Views
Post# 26220867

Stay Calm and Relax

Stay Calm and RelaxI am surprised to see the panic that fills the board in times this these. I hope that everyone realises that they invested in a high risk micro cap stock. You cant get much more riskier than this. The whole marijuana market has been in a downtrend since the announcement of legalisation. Yes, unfortunately we are being bundled in with the LPs as we are clearly trying to position ourselves within that market. If this continues on the down, please think about the following: 1) International Presence and sales 2) Already Revenue producing and trending upwards 3) Massive potential in Canadian market with MOU with WEED and VIN 4) CannMart deal. 5) No barriers to entry. There are LPs out there who are completely overvalued based on sales. It truly is all hype. BE comes to mind. When I last checked these guys do not have their licencing in place and they are trading at $2.21. Viscious swings happen. I was in EMH last year at .33. It went down to .17 and then shot up to .95 where I got out as I believed it was then overvalued. You need to believe in what you are invested in. Do your due diligence. Namaste will be ok. Patience is critical. We have a good company here. Management is sound. They are revenue producing which many LPs can not even boast. Remember, the stock market is a way of passing money from the impatient to the patient. Come back in September and go enjoy your summer if this is bothering you to the point of depression.
Bullboard Posts