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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 whisky11on Apr 12, 2021 4:48pm
113 Views
Post# 32981761

Randomtask you using some primitive statistics

Randomtask you using some primitive statisticsTo calculate future profitability of Namaste. So two guys with two dogs in your opinion on average they have two and half  legs each.
It doesn't work that way, but it's true on average that's what it is. You took margin 2.4% and $6 million in losses and multiply, sure you came with a quarter of $1 billion of revenue needed to profitability.
Namaste would be profitable next quarter if they could double revenue and cut expresse by half.
 Then it would be small and profitable company no much investors would like to own it. Everybody wants to invest in large company.
Namaste has to grow,become large company and then be profitable probably with a small margin .
So if the revenue is around  $14 million per Q and there's overproduction of dry flowers on the market , Carmart labs is working, Namaste become profitable..


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