Lifeist Wellness Inc V.LFST

RE:RE:RE:Random, Steve and chumps

[Randumbtask]

Another idiot in the randomtask clan. Welcome to ignore.

Rotaluceps wrote:

randomtask wrote:

no offence, but there's no "coiling".  The market is looking for meaningful revenue and profitability before this will move up.  Meaningful revenues would be around $20M / quarter, which from a gross profit perspective they would need 25%-30% for breakeven (assuming expenses are static but they've moved higher every quarter).  They won't see that margin in the next 6 months and they won't see that revenue over that same period.  Nothing is moving this stock until after the first financing round, kids. Thinking revs are going up by triple digits into perpetuity isn't realistic and you'll start to see them level off.  N's in house publicist SSL shared the statscan link that showed medical sales flattening although rec increasing which is not going to look good for Cannmart online sales in Q3.  Any B2B is low margin as CannMart is simply the distributor; the LP and retailer make the higher margins in that transaction.  So while I think they should can B2C and focus solely on B2B, they'll need to get revs up to $50M per quarter to see any profit as the middleman. 

im open to discussing but you need to put your Adulting pants on, use your big words and form some realistic thoughts as to why I'm wrong.  So far no one has been able to do so.  That's what the board is for, discussion, not blindly pumping an organization you know nothing about 

 

 

Very realistic post. I don't own any share. I am lurking other companies to see about a possible buying of shares.