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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 > Q2 2021 hmmmm
View:
Post by Ninjabujinkan77 on Jul 30, 2021 5:10pm

Q2 2021 hmmmm

certainly wasn't as high a revenue as I expected and hoped for, but it's not nearly as bad as the bashers lead on.... first and foremost is the fact the cash reserve is still intact! That's one major consideration I my opinion as it tells me that they are not gonna need to do a cash raise anytime soon. The fact is that over the past year and months the competition has been increased and maybe this is part of why the revs were not so stellar. On the other hand covid 19 was a large part of it according to management. I'm sur la there's plenty of factors bit get it happens.. and it happens a lot worse often times especially in the cannabis industry. The industry is still very much in the infancy stages just barely more than a couple years old... that said with all the other highlights I can't seem to understand why everyone is going bonkers... I guess it's a good sign when expectations are let down by less than favourable result as opposed to dismal result of which some of the biggest players are far more guilty of than our little engine. So, get last keep our eyes o the prize the risk to reward is huge and I mean risk and reward both are big with little engine.. I personally think Menu sounded logical when breaking down the future growth strategy that's pretty much kicked off already now with royalty in house high margins and super quality second to non .. from what I've seen or tasted! Yes indeed the sleeping giant is still asleep ... I'm gonna for one be here when it rises!!! For now it's a wish it weren't true scenario but seriously very excited about what's to come and pretty.much happy certainly satisfied with this Q2. I only look forward to Q3 and 4 and 2022 is gonna be huge!!! GLTA stay long!!!
Comment by 20centsORLESS on Jul 30, 2021 5:14pm
Cash reserve was as of 60 days ago, cringeworthy. Meni is a fvckin overpaid tool. That is all.
Comment by Ninjabujinkan77 on Jul 30, 2021 5:18pm
Comment by Ninjabujinkan77 on Jul 30, 2021 5:21pm
I disagree strongly. But I'll either see this to the bottom and to the broke charred dead company it becomes or... not!!! Roll your dice and live with the price ... can't take the heat stay out the kitchen!!! Who you all calling kiddo if you can't take the pressure !
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