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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 Jan 22, 2021 5:35pm
94 Views
Post# 32362471

RE:Not tonight

RE:Not tonightMakes you wonder if they've even applied or if the inspectors have even visited the facility.  I'd say ask management but who knows what kind of answer you'll get...

Maybe next Friday or the next or never?  Hard to hit $10 with no sales, margins or any sort of competitieve advantage.  They are unique in that the entire market is growing, yet their sales are not only declining relative to other retailers but also relative to their own numbers.

I don't see how they create marginal value vs competitors.  I won't pump stocks i own but they are consistenly putting up 30% QoQ rev increases with margins between 35-40%.  

Good luck to anyone long here, you'll be waiting a while for any material increases.





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