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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 Jul 10, 2021 1:20pm
90 Views
Post# 33526770

RE:First PO.... how many units?

RE:First PO.... how many units?

There's no margins on those orders anyway as they are using a third party for the product. There is a lot of competition in that space with more reputable brands so they only way they can compete is on price, which i would suspect would take margins down to around 5%, barely worth while as a business case.  With Labs up and running you could see those margins hit 15% - 20% but still no where near what is required to even use the word "breakeven"


20centsORLESS wrote: Notice how they leave out the useful information that could potentially drive the SP? Getting a PO for a quarter million units could be some substantial sales, but getting an order for 1000 units.... I mean, you don't want to tell people that, sounds better to leave it out. That's all these guys do. Exploit information when it benefits them, dress it up when it doesn't look so good, and investors see RIGHT THROUGH IT. We've been duped many times by these guys, if $0.19 says anything it's "it will not happen again" Unless there's a massive surprise in the financials, this will continue to slide.

 

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