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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 > It took 2 years and money to develop CELLF and Roilty
View:
Post by whisky11 on Apr 29, 2022 8:34am

It took 2 years and money to develop CELLF and Roilty

Cash and cash equivalents were $9.2 million as of February 28, 2022, compared to $12.7 million as of November 30, 2021.

Inventories increased to $6.4 million at February 28, 2022 compared to $5.4 million at November 30, 2021, mainly due to new inventory purchased for CannMart Labs and Mikra, both which started their own production in Q1 2022.

Net cash used in operations was $3.4 million in Q1 2022 compared to $2.5 million in Q1 2021. The increase was largely due to investments in emerging businesses including CannMart Labs and Mikra.

 
Comment by randomtask on Apr 29, 2022 8:37am
it's shame you're not bright enough to think on your own, understand math, financials or business.  Reposting fluff like it's gospel is embarrassing.  Where's all this labs and roilty revenue?  They still have no ability to become breakeven in the foreseeable future.  
Comment by Marski101 on Apr 29, 2022 9:18am
It's a shame how Lifeless you are! Interesting how you just post on here, and only here "ALL " the time. Most importantly, yours and your family's FAF investment hit a new 52 week low, now that's a shame! Keep typing winner.
Comment by randomtask on Apr 29, 2022 9:27am
not my favourite and no where near my top holding.  20k shares at 5.25ish average.  They just had a $37.8M cash injection today from couche tard who owns circle K to help with their US retail expansion.  Cash is king and there's another 17M warrants that can be exercised in the fall.  That's a company with a billion dollar backer and guaranteed runway for years :) & ...more  
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