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.

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Lifeist Wellness Inc > Margin is up 10% than Q2

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Comment by randomtaskon Oct 31, 2020 1:49pm

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Post# 31818749

RE:RE:Margin is up 10% than Q2

If gross profit was 100% in Q3, the still wouldn't be breakeven haha

randomtask wrote:

there is a 0% chance of profitability in Q4. As we've repeatedly discussed, Q4 revenue would need to be close to $50M to be cash flow neutral. This is a very hard concept for you to understand, lhama, but mathematically, that's the reality. They are years from profitability and one quarter away from bankruptcy. Love it or hate it, the numbers are the numbers, kiddo.

whisky11 wrote: All cash was used to increase inventory and automatization.
I'm sure fourth quarter will be profitable or close to it.