Lifeist Wellness Inc V.LFST

Projected Revenues $$$

[Acura001]

On January 13 they projected a 2X in revenue from a year ago. This one will fly. Any position under the bought deal financing is a first class position. Anything under 47 cents (Warrants) is a safe bet. Anything between 47 and $1.00 is a good investment given what's around the corner. Let's see who the Reddit frenzy pick next. I saw some share on Namaste there so you never know. The power of the 99% vs 1%.

• Anticipates quarterly gross revenue, including cannabis revenue, of approximately $8.0 million in Q4 2020; a year-over-year increase of 100% from $4.0 million in Q4 2019 and a quarter-over-quarter increase of 21% from $6.3 million in Q3 2020 
• Anticipates annual gross revenue, including cannabis revenue, of approximately $27 million in fiscal 2020; a year-over-year increase of 59% from $16 million in fiscal 2019

[randomtask]

They need $40-$50M depending on margin to break even. While $8M is an increase, it gets them no where near cash flow neutral which means they will continue to burn through cash and require additional financing (which is likely going to happen in the fall anyway).  Please research the financials if you are going to provide the board with "insight" or "analysis".  This