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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 Dec 27, 2021 10:52am
133 Views
Post# 34263637

RE:7,748 Now Signed Up!!

RE:7,748 Now Signed Up!!What relevance does an email sign up have to revenues?  Let's say you get 10,000 sign ups and half of them become customers (unrealistically high).  Let's say every customer spends $1,000 per year (also very unrealistic, we know lying lhama lost all his family's money on this dodgy company already so he's out of cash).  Maybe we assume a 50% margin which is again very, very, very unlikely (unless your revolutionary, world changing pill costs nothing to produce and has no set up expenses - pharmaceutical manufacturing is probably less costly, less restrictive by health canada / FDA and time consuming than labs was, right?  Oh and let's not forget it's not actually a health product; it's "wellness").

5,000 x $1,000 x 0.50 = $2.5M gross profit from Mikra (again very, very, very unrealistic)

Current Expenses are $6M (likely higher in Q4 with juicy management bonuses - even share-based counts as an expense you muppet)

Current gross profit is under $1M ($873K) but let's give you $1M

$6M expenses - $2.5M Mikra gross profit - $1M current gross profit = ($2.5M)  btw those brackets mean a loss for you muppets who shouldn't be buying your own stocks

Your best, best, best case scenario is no where near breakeven.  Are you going to spend $1,000 per year on a fake wellness product?  Obviously not. So maybe $100?  You now need 50,000 customers spending $100 each to lose $2.5M per year.  Cool.  

MATH WINS - LYING LHAMA ALWAYS LOSES - the share price is where it is because smart money is not fooled as easily as the clowns that pump this stock.  This is where Lying Lhama says you'll have millions of idiots buying fake wellness and this cannabis retailer becoming the new billion dollar pharmaceutical giant.  It's not even laughable anymore, it's embarrassing.



Rockets2021 wrote: Fellow shareholders it is awesome to see the interest growing everyday for the upcoming CELLF launch. Numbers starting to pick up steam up around 800 more since the last update.  I would not be surprised to see them break 10,000 in the next few weeks!!!
https://wearemikra.com/


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