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Core One Labs Inc. C.COOL

Alternate Symbol(s):  CLABF

Core One Labs Inc. is a Canada-based life sciences biotechnology research and development company. The Company is focused on bringing psychedelic medicines to market through the development and production of psychedelic compounds, the advancement of psychedelic assisted treatments, and the integration of delivery systems technology. The Company, through its wholly owned subsidiary, Vocan Biotechnologies Inc., has developed and filed for patent protection of a proprietary psilocybin production system using engineered bacteria. It is also the holder of four provisional patents for the development of psychedelic-based pharmaceutical formulations targeting neurological and mental health disorders, under its subsidiary Akome Biotech Ltd., and three provisional patents under its other subsidiary, Awakened Biosciences Inc., for additional synthetic technologies for psilocybin and psilocin production methods. It also holds an interest in four medical clinics.


CSE:COOL - Post by User

Comment by bullman246on Mar 25, 2021 10:42pm
201 Views
Post# 32884044

RE:RE:RE:RE:RE:RE:RE:RE:NASDAQ

RE:RE:RE:RE:RE:RE:RE:RE:NASDAQI don't understand how this $1 stock can be listed on the Nasdaq, if the Nasdaq requires a minimum s.p of $2-3$. The only theoretical way CoreOne could get the s.p that high in the next 4-6 weeks during Nasdaq application, would be with a minimum 2-3X reverse split. But, what if the s.p doesn't rise 2-3X as a result of a reverse split? What if the s.p doesn't rise much at all, or even goes down, as people sell and bail out. After the last reverse split the s.p continued to spiral downward, as investors ran for the exits.

I think this tiny $1 stock is crazy to think that it's now ready for the Nasdaq. I also undersatnd that it costs something like $1 million dollars to get on the Nasdaq. I agree thst we're starting to see the same over unrealistic exuberance and over confidence that Brad had. IAlso, a champagne taste and a beer pocket book, leading to more and more debt and stock dilution. And we all know how that ended.
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