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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 > Randomtask you using some primitive statistics
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Post by whisky11 on Apr 12, 2021 4:48pm

Randomtask you using some primitive statistics

To calculate future profitability of Namaste. So two guys with two dogs in your opinion on average they have two and half  legs each.
It doesn't work that way, but it's true on average that's what it is. You took margin 2.4% and $6 million in losses and multiply, sure you came with a quarter of $1 billion of revenue needed to profitability.
Namaste would be profitable next quarter if they could double revenue and cut expresse by half.
 Then it would be small and profitable company no much investors would like to own it. Everybody wants to invest in large company.
Namaste has to grow,become large company and then be profitable probably with a small margin .
So if the revenue is around  $14 million per Q and there's overproduction of dry flowers on the market , Carmart labs is working, Namaste become profitable..
Comment by randomtask on Apr 12, 2021 7:53pm
you're so wrong I'd be surprised if you could actually operate a calculator to perform basic functions. Only a few more weeks until the company themselves show you how daft you really are :) it's not ever worth arguing since you're so uneducated and out of your league.     
Comment by Oban1kenobi on Apr 12, 2021 9:29pm
Whiskey, with all due respect please go look at the financials. I had a quick look when they came out, saw some nice improvements (indicative of the future), then I saw 2.4 % margin for the quarter (Random it reflects nothing more than that quarter), and nearly fell out of my seat lol ..... I honestly was not expecting it to be that low. I decided to close it and wait and see how the next 2 ...more  
Comment by whisky11 on Apr 12, 2021 9:42pm
whisky11: well I don't know what you were studying when you were younger. See I have experience in aircraft industry, Aircraft flying from here to Europe with 10 people it's very low return for  airline. With 90% of seats sold it's very profitable. There's no difference in expenses between 10 people and 270 passengers occupying seats and paying for the ticket. In case of ...more  
Comment by Oban1kenobi on Apr 12, 2021 10:06pm
Well now whiskey I never once insuated anything regarding your studies or intelligence in any of your posts BUT ummmmm ok Ill play your game.....how profitable is that aircraft running at 2% capacity ?? because that is NAMASTES margins in the last quarter.....Will your plane be able to afford enough  gas to make it to its final destination ?  I for one believe in Namaste BUT wont feed ...more  
Comment by whisky11 on Apr 12, 2021 10:19pm
...how profitable is that aircraft running at 2% capacity ?? because that is NAMASTES margins in the last quarter.....Will your plane be able to afford enough  gas to make it to its final destination ?  whisky11: you and your ally randomtask make major mistake you don't understand bookkeeping. If Namaste revenue is 8 million or $80 million some expenses are constant.  Cost of ...more  
Comment by randomtask on Apr 12, 2021 10:33pm
you honestly think you're right, don't you? I thought you were just trying to mess around but you're really just this daft.  
Comment by Oban1kenobi on Apr 12, 2021 11:04pm
LMAO  I am on the side of the company, because as I have mentioned before, I believe in the platform and the concept... I am not on your side and I am not on Randoms side.  that seems childish breaking things down into sides.  just call the BS as you see it. I find it amusing you ignored everything else I mentioned in my post, but here goes I will address yours Go to page 15 of ...more  
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