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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

Post by Nak3dshorteron Sep 30, 2020 4:09pm
76 Views
Post# 31643583

Thoughts?

Thoughts?by now everyone realizes that the Shareholder meeting was not the catalyst to spark a rally. There was not a bombshell dropped by our CEO and very little guidance offered. So again we find ourselves stuck in the mud and drifting down #$%$ creek without a paddle. Again I am disappointed but not the least bit surprised. I am however optimistic long term. My view and opinions regarding short term (next 6 months) is pain. All we can cling to now for a price movement is financials. Why? Because real money still doesn't know this company exists or is too scared to buy in. This is a shame and makes little to no sense.There are very few companies that do what we do. There are tons of LP's. We have far less competition. We have the licenses. We have the websites. We have Vendorlink. We have good relationships with the Provinces in Canada. We have a different vision and strategy that would make being successful way way easier with far less competition than an LP. What we don't have is exposure. The market either does not know we exist OR cannot seem to shake the stink from the SD era. It is a real problem. Think about it. It is clear to me at least that VENDORLINK is a BIG DEAL. So with that in mind, you have to believe that the CEO and company have been trying to sell and explain this idea to people that have the deep pockets to make this stock move. I'm not talking about tiny inconsequential movements or buys but the type that could account for 3 weeks or a month of trading in one day. My other concern is IF management believes that VENDORLINK and other things out there....say Labz for example.....was a game changer you would think they would be buying hand over fist. And they are not. The fact that they are willing to take options in lieu of some payment is a definite positive BUT lets get real. Those options do come due until 2024. The strike price is 33 cents Canadian. It's not like they are really sticking their neck out. They should be gobbling up the shares NOW. And they aren't and I imagine that too is a red flag to big institutional investors and analysts.So let me say this: I like the direction of the company. I do. I hate the predicament most of us have been in. I have been very outspoken about my frustration with this stock and the way it trades and at times the way it is run. But I really appreciate the strides that have been made to separate us from the rest of the field in the Marijuana game. Let's face it most of these companies are not going to survive. We have real staying power as we do what few others do. So in the end it really comes down to the bottom line. However, It would not surprise me one bit if the numbers were great but the stock price still refused to reflect the news. So it is imperative that Namaste educates the masses on what they do and how it is so different and potentially revolutionary as it pertains to the marijuana industry. I feel like big money should be dedicated to PR. Last thing, as you know I am not, and have never been a pumper. I have been accused of being a basher despite holding a ton of shares, but the truth is I am a realist. It kills me to see the same fools on here making frivolous predictions that never hold any water or idiots that label everyone a basher that has the audacity to complain about a stock trading at 19 cents. It would not shock my conscience for management to drop an offering the minute our shares finally go up. The bottom line is cash is king and money is needed to grow any business. But I just don't see the short term success from a pps standpoint. I will continue to hold long. And I will continue to #$%$ and moan about a share price that never seems to move. In the long run the strategy seems very wise and the inroads have been made. It is going to come down to making money AND letting the market know who we are and why we are different. The latter just might be more important to the former the way things are trending. Good luck to everyone.
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