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The Healing Company Inc   (LAKF)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 57
 Employees 1
 Revenues (TTM) (Millions $) 12
 Net Income (TTM) (Millions $) -19
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

The Healing Company Inc

Lake Forest Minerals was incorporated in the State of Nevada on June 23, 2008. We are a development stage company with no revenues or operating history. We have sold $42,000 in equity securities since inception, $12,000 from the sale of 8,000,000 shares of stock to our officer and director and $30,000 from the sale of 3,000,000 shares registered pursuant to our S-1 Registration Statement which became effective on August 18, 2008. The offering was completed on September 11, 2008.

Our plan is to seek, investigate, and consummate a merger or other business combination, purchase of assets or other strategic transaction (i.e. a merger) with a corporation, partnership, limited liability company or other operating business entity (a "Merger Target") desiring the perceived advantages of becoming a publicly reporting and publicly held corporation. We have no operating business, and conduct minimal operations necessary to meet regulatory requirements. Our ability to commence any operations is contingent upon obtaining adequate financial resources. We are currently considered a "shell" company inasmuch as we are not generating revenues, do not own an operating business, and have no specific plan other than to engage in a merger or acquisition transaction with a yet-to-be identified operating company or business. We have no employees and no material assets.



   Company Address: 135 W 50th Street New York 10020 NY
   Company Phone Number: 241-0670   Stock Exchange / Ticker: LAKF
   


   

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The Healing Company Inc

The Healing Company Inc Takes a Remarkable Leap: Revenue Soars to $3.091 Million in First Quarter of 2024 Financial Report

The Healing Company Inc Demonstrates Improved Financial Performance
In the July to September 30, 2023 time-frame, The Healing Company Inc showcased a significant improvement in its financial performance compared to the same period in the previous year. The company reported a net shortfall of $-4.481 million, which is a notable decrease from the $-7.280 million reported a year ago. This positive development demonstrates the company's efforts to overcome financial challenges and pave the way for future growth.
One key factor that contributed to The Healing Company Inc's improved financial performance is its revenue generation. During the mentioned time-frame, the company revealed an impressive revenue of $3.091 million. This revenue increase indicates that The Healing Company Inc experienced a surge in sales or successfully executed strategies to drive profitability.

The Healing Company Inc

The Healing Company Inc Releases Alarming Financial Report with $3.336 Million in Revenue for Q4 2023

The Healing Company Inc, a prominent player in the market, has recently released their financial report for the fiscal fourth quarter of 2023. A deep dive into the numbers reveals concerning trends, causing alarm bells to ring for investors. With a revenue of $3.336 million in this quarter, it seems like a positive figure at first glance. However, when compared to previous years, it becomes evident that the company is experiencing a downturn.
In the corresponding quarter of the previous year, The Healing Company Inc recorded a net shortfall of $-6.446 million, which is already a significant loss. Shockingly, this fiscal year's fourth quarter has showcased an even higher net shortfall of $-8.839 million. This demonstrates a concerning increase in the company's loss, and it raises the question of whether The Healing Company Inc is faltering in their operations and financial management.

The Healing Company Inc

Metal Mining Company Reports Revenue of $3.185 Million in Q3 2023 Earnings and The Healing Company Inc Announces $3.185 Million Revenue in Q3 2023 Earnings Season

In the third quarter of the 2023 earnings season, LAKF (name of company not provided) reported a revenue of $3.185 million. This is a positive sign for the company, indicating that their business operations are generating income and moving in the right direction. However, without any comparables to previous quarters, it is difficult to determine if this revenue figure is a significant change from previous earnings reports.
On the other hand, The Healing Company Inc experienced a net shortfall of $-2.166 million in the same quarter, which is larger than their net shortfall of $-0.739 million from the previous year. This indicates that the company's expenses exceeded its revenue, resulting in a net loss for the quarter. This is a concerning trend for the company, as it suggests that their business model may not be sustainable in the long term.






 

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