Replies to post #3645 on Life On Earth Inc (fka LFER)

[Saving Grace]

$LFER could pop to paper at the drop-of-a-hat!

Excellent SS

First, we have made very significant improvements during the last two quarters to our balance sheet compared to the previous several quarters. Second, we completed the initial closing of the acquisition of the CareClix group of companies, comprised of four subsidiaries. This acquisition puts us smack in the middle of a revolution that is taking place in the Digital Healthcare industry. This industry has taken on a life of its own during the past few years as a result of the Corona Virus Pandemic. Third, we are on track to grow our Cloud based offerings to expand our business model, with the ultimate goal of up-listing the Company.

https://careclix.com/

Life On Earth (LFER) Provides Shareholder Update and 2022 Outlook

We are a technology and software company. Every business today requires software to stay alive. Software is the key driver for automation, higher productivity and higher margins. As a software company we have always looked to leverage our core strengths in cloud-based software and uncover opportunities in this space. When CareClix, with its Digital Healthcare platform and a portfolio of offerings, was presented to us as an acquisition opportunity, we carefully evaluated the software and its future potential. After careful due diligence, we decided to go ahead with the deal on terms that we felt were mutually beneficial for shareholders of both companies. We saw that we could add significant synergies and value in combining the two teams and open potential future businesses. We can already see tangible improvements in our operational talents and strengths.
As we move forward with the full consolidation and integration of the CareClix operations, as wholly owned subsidiaries of LFER, we are pleased with the significant progress that CareClix made since its last published financials back in 2019. When we are able to release the financial statement of our new subsidiaries on completion of the pending audits,, we believe that our shareholders will be pleasantly surprised at the revenues that we will have added to our combined company. We feel confident that our current pace of revenues (on a consolidated basis with CareClix) will have surpassed the revenues that LFER was achieving back in 2018 when it was operating as a CPG company in a much less attractive industry from a valuation standpoint. This is a major achievement.

https://www.marketwatch.com/press-release/life-on-earth-lfer-provides-shareholder-update-and-2022-outlook-2022-01-26