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Alias Born | 11/12/2016 |
Sunday, November 22, 2020 12:27:07 PM
Friday it traded 17 times over its average daily volume (volume before price)
52 week high of .0175
Market Cap low at 700k
VWAP (average pps) past 6 months .0009
Must read Friday PR
https://www.marketscreener.com/news/latest/Lust-For-Life-LLC-the-Subsidiary-of-Renewable-Energy-Power-Inc-Is-Excited-to-Make-the-Following--31828752/
”Part of our strategy is also the expansion into the private brand sector, starting with outlets such as Bloomingdale's, Off Saks and Nordstrom Rack simultaneously.”
The above tells me more growth news expected !
L4L reusable fashionable covid masks is a smart move by the company and they have already shipped 100,000 pieces. Each piece has two masks and likely retails around $15.00.
“LFL has also ventured into the accessories category, starting with a special edition of fashion facial masks that carry a significant message during the unprecedented spread of coronavirus across the globe. When wearing our LFL masks you are basically saying: "I take care of you / You take care of me", meaning: "You are safe when I wear the mask / I am safe when you wear yours". Coming in a pack of two, it empowers the consumer with the ability to share with a loved one, gift to a friend, donate to someone in need or just to be a handy spare. Gaining attention from retailers such as Macy's and Off-Broadway, both in store and on-line, LFL has already produced and shipped over 100,000 pieces. To maintain price, fast delivery and quality control, we have researched and contracted the most modern and technologically equipped factories in Mexico that fully participated in the new USMCA trade treaty.
The global fashion face mask market size was valued at USD 465.4 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 22.7% from 2020 to 2027 poised to reach USD 2.38 billion by 2027 (https://www.grandviewresearch.com/industry-analysis/fashion-face-mask-market).
At times of market disruption, thinking and doing things different will set our company apart from the competition. While the simple fact of selling shoes has not changed, the vehicles to create these opportunities have been altered.”
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