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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 Rockets2021on Feb 18, 2022 12:06pm
107 Views
Post# 34442167

RE:Almost 36,000 if you multiply it by 100 that is a big number

RE:Almost 36,000 if you multiply it by 100 that is a big numberI wouldn't be surprised if Mikra offers a subscription type program that automatically ships each month.  At roughly $100 per customer per month this has huge potential.  So for example let's say 25,000 folks sign up times $100 is $2,500,000 per month times 12 months would be $30,000,000 yearly revenues. 50,000 folks is roughly $60 million a year.  100,000 folks is $120,000,000 a year and so on.  That would be just for CELLF then layer in the Jose Bautista product and other future formulations and I can see why Mikra is so excited about the future! It was reported at the last shareholders meeting that Mikra margins will be in the 70% range.  Let's say it comes in lower at just 50% with 50,000 subscriptions.  $60,000,000 revenues at 50% margin would equal $30,000,000 in profit.  I am excited to see how this unfolds. All  the best to fellow shareholders!

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