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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 22, 2022 10:54am
59 Views
Post# 34911286

RE:Tasker..the shyt that wont wipe

RE:Tasker..the shyt that wont wipe

should I apologize for your inability to understand the financials?  How are they paying for this advertising?  They need about 300 orders per day to break even just on the mikra expenses.  They had around $6M left in the tank 3 months ago...  cash burn was  around $8M last quarter (I believe).  With no cash flow positive revenue streams, they need to either sell assets or raise funds ATM.  They won't have institutions getting involved simply because of the choklat lawsuit that they also can't afford to fight.

Doesn't take a genius to do that basic math but it certainly takes more than a lifeless shareholder lol 


Mostawesomest wrote: Poor lil guys been on and on about how terrible an investment this is...so they bash cause theres been no advertising for the product..then they bash when there is...pick one lil guy, you cant have it both ways. The only thing sadder then your bashes are the fact you're making $0 as a result..apart from a nickel per reader stipend no doubt. I'm starting to add again now that we're seeing some signs of life. If you think older viewers on these networks wont pounce on a product that requires no effort outside of consuming then you'd best shake your head. Real results or placebos can be debated to no end but the diet pill scene should tell you all you need to know about a populous willing to buy a product such as this. Mikra sales will be increasing IMO

 

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