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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

Comment by randomtaskon Dec 24, 2020 1:36pm
35 Views
Post# 32181121

RE:RE:RE:Steve, you and Randomtask are here for the reason

RE:RE:RE:Steve, you and Randomtask are here for the reason

pouring more gas on the fire in hopes of putting it out?  Good strategy!  I also can't wait for the next financials to show marginal revenue increase at best and if lucky, a slight uptick of margins to maybe 11%?  There's just no way this company makes it past 2021 without significant financing at the expense of SP.  I know they are trying to time it with the labs licence that may or may not ever come in hopes of having a quick pump in SP to get better terms. Time isn't on their side now and the longer they wait, the lower the SP goes.  

The writing is on the wall.  You can lead a donkey and lhama to water, but you can't force it to drink 


whisky11 wrote: randomtask

you will never name your money back staying long here, lhama.  Raise is going to push this lower. Assuming they can raise funds ehifu is questionable given they are bottom of the barrel in this space, they would still need to be cash flow positive by end of 2021.  Get out while you're can, this story doesn't have a happy ending

 

whisky11: Namaste  become major player in cannabis, we still have to wait 66 days or so to see that is almost cash positive. Every deal which they did in last year and half is amazing. Those meetings with potential investors will pay in increased volume. You worry too much. Me not worried ,in last two years well, may be a little bit more than two years I increased my holdings tenfold, hopefully soon we'll see who was right.


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