Lifeist Wellness Inc (NXTTF)

[erpy]

Scout72,

I was looking over the investor presentation and saw they still have $49M in cash. That means if nothing else they are worth 49M/367.5 M Shares or .13 a share just in pure company value. The stock price is almost at bankruptcy value. I also see they still have Fenstra and Spikes on their board of directors, which really has always been a big positive for the shareholder. I also looked at the updated Canmart website for the first time in over a year. That was a big improvement and far more product selection and search/filter capability.

In my humble opinion they have come a very long ways from the manbun Pinocchio days. Anyway seeing the stock at or near the 52 week low, realizing they have $.13 intrinsic value and knowing that the best time in the year for sales is upcoming being Thanksgiving and Christmas, it made me pick up 10,000 shares today. 2.0 Products could be hot these coming months.

I'll keep an eye this and will add in the coming two months as I think it might be approaching its bottom soon. Don't see any hurry but thinking picking up on the cheap and near 52 week lows helps minimize the risk a bit.

Not going big like the good old days where I was buying and selling a 1M shares a year but definitely willing to pick up a small amount.

Any other massive news good or bad I should look into on Namaste these days?