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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 Aug 12, 2021 2:39pm
60 Views
Post# 33695143

RE:This 800 SKUs came at the end of second-quarter

RE:This 800 SKUs came at the end of second-quarterWhen sales drop consistenly QoQ that means they have less happy customers returning...

There is a 100% chance of them raising more funds and now at 50% discount to last time, meaning to raise the same amount of money the need to create double the shares.   

Revenues will not be materially improved this year and realistically they need to be $50M+ / quarter to even think about using the word breakeven and they have no ability to ever get there.

Further dilution, lower lows; there could be a little rebound but it will be short lived as more deception filters out and sales fail to materialize. 

whisky11 wrote: The point is not what they make now, what they will in the future that's what matters for Savy investor.
It's one percent of company going to be five years from now or two years from now.
The same with Quebec ,signing the papers and start selling are different things.
They had to attract as many LPs as  possible to make a customer happy and returning for more.


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