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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 Jun 25, 2022 12:17pm
123 Views
Post# 34782343

RE:From Yahoo

RE:From Yahoo

they have absolutely no way to get break even and you'll see exactly why on the next financials. There is no chance of profitability this year.

maybe they are hiring because people keep quitting?  Explains the blow out of shares causing the stock to drop.

im looking forward to spoon feeding you muppets the math after the release 


whisky11 wrote: There is a lot of talk about the company being wind down. In fact, the opposite is true, if you check their website they are hiring for production supervisor and scheduler, which shows that they are ramping up production at their labs facility. 

Also, by management streamlining the business by closing down the unprofitable segments and with the easing of Covid-19 restrictions, we should see increase sales within the cannabis sector...with our 10 SKUs plus distribution partnerships (110+ SKUs), we could see break even soon.

 

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