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Nova Mentis Life Science Corp. C.LIB

Nova Mentis Life Science Corp is a Canadian-based company focused on building and supporting a diversified portfolio of health and wellness businesses. Through its subsidiary, the company is focused on exploring the anti-inflammatory effects of psilocybin in underexplored metabolic indications such as obesity and diabetes and providing a Health Canada Standard Licensed facility focused on the cultivation of AAAA premium, small batch, terpene rich dominant cultivars cured to perfection.


CSE:LIB - Post by User

Comment by Cooper123on Jun 08, 2010 4:33pm
286 Views
Post# 17170110

RE: the Big question

RE: the Big questionMineralfields = Anon They bought a PP at .10 for 5 Million flow through shares back in Sept. These shares don't cost anything by the time tax is taken into consideration.

They can sell them at any price and still make money, and they always have the purchase share warrants that can be purchased anytime should the company do well. Very often Anon will use these shares to drive down the price and sit lower to buy them back . "even in a different account" They average down, meaning they probably sold some at .8 .7 .6 .5 etc, so regardless of where they start buying they have made money and returned there shares.

Also they sometimes do this around the time they see a company in need of further financing, so they can get another PP at very low cost. Why do you think the Capital markets are shaking these days. They have been exploited for years and its taking its toll on those with a bit of $$$ left.

I bought a few late today and have a bid at .3 for 50000 more already in for the am. If I get them I will bid another 30000 at .3. That will give me 130,000 at .3. I will then put 200000 on the bid at .02. I feel .03 could be the bottom so don't think we will go there but just in case.

Have a good evening Cooper.
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