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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 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... see more

TSXV:LFST - Post Discussion

Lifeist Wellness Inc > Margin is up 10% than Q2
View:
Post by whisky11 on Oct 31, 2020 1:05pm

Margin is up 10% than Q2

All cash was used to increase inventory and automatization.
I'm sure fourth quarter will be profitable or close to it.
Comment by randomtask on Oct 31, 2020 1:44pm
there is a 0% chance of profitability in Q4.  As we've repeatedly discussed, Q4 revenue would need to be close to $50M to be cash flow neutral.  This is a very hard concept for you to understand, lhama, but mathematically, that's the reality.  They are years from profitability and one quarter away from bankruptcy.  Love it or hate it, the numbers are the numbers, kiddo. ...more  
Comment by randomtask on Oct 31, 2020 1:49pm
If gross profit was 100% in Q3, the still wouldn't be breakeven haha
Comment by randomtask on Oct 31, 2020 1:46pm
To further quantify your statement, gross profit went from 9% to 10% yet revenues dropped and losses significantly increased. Cash burn doubled.  This is the worst financial shape N has ever been in 
Comment by GREENERY on Oct 31, 2020 1:57pm
Not a goddamn chance!  "time will tell" blah blah blah.. You delusional bumbd bumbs need to actualy read the financials. Better yet just look at the 2 year trend and never ending failers on this pos. Face it! Pretty simple here... Namaste is a bust an the only people making any $ untill this pos  goes to 0 are Meni Penny Stock and the scummy excecs. Even that goof ball Chunky ...more  
Comment by MrShakeTree on Oct 31, 2020 4:00pm
Whats the matter greenery did u lose another $50 GO BROWNS haha 
Comment by QuothTheRaven on Oct 31, 2020 4:40pm
Muted for excessive bashing. CannMart is a new revenue stream on the 2 year time frame.  Since last year, CannMart revenue is up massively.  I believe in the N long-term business model.  Grow your position when the share price is low. That is if you believe in the company, otherwise why are you here? Sell, and move on.
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