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Author Topic: LFTC...is it ever going to move
Leardron
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I will be old enough to actually need one of their monitors before their stock ever moves. There hasn't been a decent PR either for almost a month. Anyone heard anything on this one or even interested
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rajarammx
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I got out of this c??? after it tanked from 0.17 all the way where it is today. One could say that this got caught in the latest downside of atocks overall. Well, I am not that sure about this one..I believe they will have a hard time out performing...Just by reading their latest 10K one can figure that one out....

I must have lost over 1k...

------------------
GLTA

Raja

Always do your DD before Investing or Daytrading


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Leardron
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I thought with Walgreens carrying their monitor's now and their increased advertising on the radio that it would start selling better. They had even announced a 29% increase in sales about a month ago. Guess I will have to wait for their 10Q for last quarter.
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Prdponce
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It should see some action today.


2004-09-30 06:30:07


Lifestream Technologies Announces July Shipments Grew 169%; Numbers for July 2004 Indicate Lifestream Exceeds Shipment Goals


***

[Custom Editors] POST FALLS, Idaho--(BUSINESS WIRE)--LFTC-- Lifestream Technologies, Inc. (OTCBB:LFTC), the leading supplier of cholesterol monitors and professional screening instruments, announced today that its shipments for the month of July are up 169% over the same period in 2003. Preliminary numbers indicate $581,486 shipped during July 2004 as compared to $216,052 for the previous July. "It appears that our increased distribution, acceptance by the viewers of the television shopping network and other marketing efforts are increasing awareness and impacting demand at the retail shelf," said Christopher Maus, President and CEO. "These shipment numbers indicate the Company is on target as we begin the next phase of our rollout strategy. Our new Health Risk Assessment product, which began limited rollout in September, will further aid the health conscious consumer in creating a healthier lifestyle. Lifestream continues to grow the market with expanded distribution. We will continue our efforts to increase product awareness and support our retailers as we now have what can be truly considered national distribution." "This increase in shipments is a good indicator of our success in increasing distribution and creating awareness," stated Nikki Nessan, VP, Finance. "However, Lifestream's revenue recognition policy does not necessarily result in revenue recognition at the time product is shipped. As a result, shipments are not an indicator of the revenue to be reported on our financial statements." About Lifestream Technologies The Company developed and currently markets a line of cholesterol monitors to consumers and healthcare professionals that provide test results in three minutes. The Company's product line aids the health conscious consumer in monitoring their risk of heart disease. By regularly testing cholesterol at home, individuals can monitor the benefits of their diet, exercise and/or drug therapy programs. Monitoring these benefits can support the physician and the individual's efforts to improve compliance. Lifestream's products also integrate a smart card reader further supporting compliance by storing test results on an individual's personal health card for future retrieval, trend analysis and assessment. Lifestream's monitors are affordable, hand-held devices. The product line has been designed to accommodate the Personal Health Card(R) allowing multiple users the ability to store their personal results. Lifestream's products are now available in pharmacy and retail outlets nationwide. To find retailers that carry Lifestream's products, go to "Store Locator" on www.knowitforlife.com or contact Customer Care at 888-954-LIFE. For Company information, visit www.lifestreamtech.com. This news release includes certain forward-looking statements within the meaning of the safe harbor protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements regarding our current business plans, strategies and objectives that involve risks and uncertainties, and in particular statements referring to our expectations for increased market penetration and improved gross margins from our recently introduced second generation consumer monitors and statements regarding our expectations that we can obtain necessary additional financing and investment. These forward-looking statements involve risks and uncertainties that could cause actual results to differ from anticipated results. The forward-looking statements are based on our current expectations and what we believe are reasonable assumptions given our knowledge of the relevant markets; however, our actual performance, results and achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Factors, within and beyond our control, that could cause or contribute to such differences include, among others, the following: the success of our capital-raising and cost-cutting efforts, developing and marketing relatively new medical diagnostic devices, including technological advancements and innovations; consumer receptivity and preferences; availability, affordability and coverage terms of private and public medical insurance; political and regulatory environments and general economic and business conditions; the effects of our competition; the success of our operating, marketing and growth initiatives; development and operating costs; the amount and effectiveness of our advertising and promotional efforts; brand awareness; the existence of adverse publicity; changes in business strategies or development plans; quality and experience of our management; availability, terms and deployment of capital; labor and employee benefit costs; as well as those factors discussed in "Item 1 - Business," "Item 6 - Management's Discussion and Analysis and Plan of Operations," particularly the discussion under "Risk Factors - Substantial Doubt as to our Ability to Continue as a Going Concern" and elsewhere in our most recent Annual Report on Form 10-KSB for our fiscal year ended June 30, 2004, filed with the United States Securities and Exchange Commission. Readers are urged to carefully review and consider the various disclosures made by us in this report and in the aforementioned Form 10-KSB, and those detailed from time to time in our other reports and filings with the United States Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that are likely to affect our business. KEYWORD: IDAHO INDUSTRY KEYWORD: MEDICAL DEVICES PRODUCT SOURCE: Lifestream Technologies, Inc. CONTACT INFORMATION: Lifestream Technologies, Inc. Gerri Vance, 208-457-9409 ext. 1222


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pharmdman
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quote:
Originally posted by Leardron:
I thought with Walgreens carrying their monitor's now and their increased advertising on the radio that it would start selling better. They had even announced a 29% increase in sales about a month ago. Guess I will have to wait for their 10Q for last quarter.

I can tell you this. The monitor has a high price tag.

With other types of monitors, there are rebates and coupons that cycle every few weeks that allow the user to purchase the monitor essentially free or extremely discounted. The real money is made on selling the strips anyway. For instance, most of the blood glucose monitors sell for around $70, but you can get them between $0-$20 during rebates and coupons. The Lifestream has a $3 coupon for a $119 monitor. Most people are waiting for the "real rebates and coupons" to begin. Also, the replacement strips are $20 for 6 strips. That's a bit pricey also.

However, that having been said, I've started to see some movement on the monitor and the strips in recent weeks.

One other point: CVS also carries this monitor. As they convert the newly purchase Eckerd stores, they'll need to purchase more monitors and strips from Lifestream just to stock those stores. Perhaps that will boost the numbers a little too.


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