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Bullboard - Stock Discussion Forum Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company's portfolio of wellness companies leverages advancements in science and technology to enable consumers to find their individual path to wellness. Its portfolio business units include Mikra, which is a biosciences and consumer wellness company developing and selling products for cellular health and CannMart, which is a... see more

TSXV:LFST - Post Discussion

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Comment by steveM45 on Sep 18, 2020 4:19pm

RE:Steven cut (? and paste my post where I wrote that insanity?

You can't remember what YOU posted?  Allow me...

https://stockhouse.com/companies/bullboard?symbol=c.n&postid=31316930


Calgary/smokeeter/truehurt

And whatever more you have aliases. Lots of bullshit. Congratulation your gibberish is even more boring than randomstuff
Funny thing is that you mention high expenses during the class action suit, closing many websites all over the world. Two years ago Namaste was in 20 countries now in only five. As you know when you're close workplace in many jurisdictions you have to pay lots of money for the workers closing the rentals of equipment and real estate.
You worry that those expenses will repeat. Look  we only look that stupid
B2B is so efficient every gram of cannabis in Canada will be distributed from Cannmart.
That 9% margin is the cost of expansion I think Cannmart makes zero profit on the first couple of operation with new customer.
You never run the business end it shows. Creating brand and steady expanding number of customers is the main thing in the business.
In one of previous post your mentioned of the potential buyers of Namaste stock,they don't know that Namaste exist. And that the problem which only the management can solve.
Cannmart is busy 15% of his capacity. It will change next quarter. Third quarter losses will be less than $2 million.




whisky11 wrote:

 the calculations about hundred percent was made by you. Margin 9% it's not enough we all know that, so why don't you wait until third-quarter and see awesome margin around 20% and revenue doubled off second quarter. And remember if you 'cut' something from the Cyclopedia it will disappear so I would advise you to 'copy and paste'.

 “For the second consecutive quarter, we have seen considerable revenue growth and have just recorded the highest quarterly revenue for the Company to date. As stated in the first quarter, the strategic decisions we made in 2019 and early 2020 are beginning to be reflected in our results. Our efforts have resulted in significant growth for cannabis and cannabis products sales in Canada but there is more work for us to do. We have shown that we can grow our revenue and as we expand our product lines, improve operational efficiencies, and increase our gross margins in coming quarters to coincide with revenue growth.”

 
Comment by TruthHurt5 on Sep 18, 2020 4:20pm
Steve - what's your opinion on today's performance ? Yikes eh
Comment by steveM45 on Sep 18, 2020 4:31pm
Pretty much the same as my last analysis from last week.  Virtually nothing has changed in my outlook, except my status...now officially a bag holder.  I'm still holding from .27, hoping to trade my way out at even, or a minor loss need be. .20 is still the next support lvl down and today's lower lows & highs are telling me .20 is even more achievable.  New lows on ...more  
Comment by steveM45 on Sep 30, 2020 4:05pm
Just in case you forgot what you said again....it's been a few days :)
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