Lifeist Wellness Inc V.LFST

@Randomtask answering your post makes me idiot.

[whisky11]

With $8 million in revenue with 2.4% margins, you're right it's not impressive but this was the price for acquiring new clients.
This $8 million covers to some extent (plus extra cash) all expenses in the fourth quarter.
Now concentrate for a while, they make instead of $8 million ,$16 million in revenue let's say in second or third quarter of this year. The second $8 million don't have to cover wages of board of directors, expenses with the rental, Insurance of the properties and workers, and wages of all Namaste employees.
Do you get it? No? Let's go Little bit further, there is $24 million revenue , first 8 million covers wages of the Board of Directors and and employees. Remaining $16million to make as revenue cost less so the same time profit  and margins will skyrocket.
If you read this post carefully it explains why your father after talking to you ,would punch your mom
That explain he couldn't accept having an idiot son.

[randomtask]

You still have no idea how this works do you?  There is revenue, then cost of revenue, then expenses.  You can only apply to your wages what is left after you pay for the cost of goods.  In N's case, they only keep 2.4% of what they sell, so on 24M, x that by 2.4% and that's what you have left to pay the $6-7M in expenses.  If you ever looked at the financials you'd

[Namascam]

OMG LOL. Whisky, I think you've found the issue with their business. Meni probably also thinks everything they sell is 100% profit! You've cracked the code. Hop on the horn with IR and explain your new discovery!

[whisky11]

Namascam]OMG LOL. Whisky, I think you've found the issue with their business. Meni probably also thinks everything they sell is 100% profit! You've cracked the code. Hop on the horn with IR and explain your new discovery!

[randomtask]

You've embarrassed yourself everytime you've tried "math"; all we've learned from your "life experience" is that you have absolutely no idea how business financials work and even less about how business works.  The more you post, the sadder your story gets, old timer.

[whisky11]

randomtask]You've embarrassed yourself everytime you've tried "math"; all we've learned from your "life experience" is that you have absolutely no idea how business financials work and even less about how business works.  The more you post, the sadder your story gets, old timer.

[randomtask]

Lying Lhama, we don't believe you; all you've proved over the last two years is that you have no idea how business works and even less about business math.  The proof is in your posts, you're about as uneducated about stocks and the market as anyone i've ever experienced.  Stop embarrassing yourself and let a professional manage your wife's money.

[steveM45]

Not only does he not understand math or finances, but basic business sense seems to elude him, perhaps even common sense. Maybe he really does have 2 apple carts on 2 different continents, but all that drinking has distorted his reality. Now he expects all the sober reasonable ppl to just beleive him when he can't even be honest to his wife about losing her life's savings dumping it into

[Namascam]

Life experience from your awesome investment strategy? Buy, hold, buy more, hold, bag gets bigger, keep buying, work overtime to hide losses from the wife, pump, hold, buy, pump... eventually just pump because you can't afford to buy and just keep hanging on trying to figure out where you went wrong with your revenues = margin calculations...