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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 20centsORLESSon Dec 25, 2021 3:30pm
98 Views
Post# 34262385

RE:RE:RE:6,981

RE:RE:RE:6,981Full disclosure, I bought a measly 15k shares Friday morning, because I'd like to lose some money on this dead cat. Now that I've said that, 6981 signups even buying $10,000 a piece every quarter... at 10% margin... is barely enough to turn a profit. Each of those people might throw $10 at their first trial order with free shipping to which the company will inevitably be turning a loss, gross 70k in sales and chalk up another 5 million dollar quarterly loss, patting themselves on the back paying out their Christmas bonuses. I'll be serious to see their fiscal mgmt bonus for 2021 when we get the next financials, and what drives them to shell out for not hitting any benchmarks and depleting cash reserves when there are no profits in sight.
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