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.

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Lifeist Wellness Inc > Cash usage could be much lower

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Comment by steveM45on May 01, 2023 11:06am

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Post# 35422811

RE:Cash usage could be much lower

$4 to .04 ....time to give up the pumping and accept reality...they are done.

whisky11 wrote:
Cash usage could be much lower, most of the past quarter spending it's one time only.

...Mikra has increased its investment in product innovation and a more than doubling of advertising spend to support the introduction of RESCUE in December 2022 and the new version of CELLF in February 2023, as well as to ensure deliveries to both our key partners Amazon and GNC. The Company anticipates that these investments will set Mikra up for accelerated growth and profitability in the coming quarters....