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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 Apr 13, 2021 9:19am
77 Views
Post# 32983963

RE:RE:RE:If Namaste double revenue ,expenses marked in yellow

RE:RE:RE:If Namaste double revenue ,expenses marked in yellow1) Please provide some sort of supporting argument to your tenfold margin increase (this is so blatantly wrong it's not even funny anymore)  

2) I didn't realize that we discriminated against mental health.  Yes, i regularly see a pschologist and counsellor which helps provide clarity.  I also work with a life coach, like most professionals do.  I work out and run 4-5 x a week, does that mean that i'm suffering from physical health challenges?  Or does it mean that i am staying physically fit?  Same works for mental health and i recommend anyone reading this put time into both to stay or become strong with your body and your mind.

whisky11 wrote: randomtask]Gross margin determines what amount of revenue you can allocate to paying expenses.  All of your drunken copy and paste means nothing and really cements that you've never in your life read or understood a financial statement.

If margins stay the same and revenues double ($16M), they will have $384,000 to use against appx $6M in expenses.  

To breakeven, with current margins, they need $269,000,000 - it's basic math and your inability to grasp such rudimentary concepts really just shows how very little experience you have with business, math, life, etc.


whisky11: if revenue doubles gross margins grow tenfold at least in Namaste case.
About my drunken post, you admitted that you have two mental professionals to help you with your insanity.
Get   two more.
 




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