Nova Mentis Life Science Corp. C.LIB

RE:RE:RE:RE:RE:RE:RE:Next Week

[TenFingers]

Can you elaborate on the 3 retial lcoations that are secured at this point? I have not seen this in any news.

ovechkin8 wrote: I could see phase 2 after the next raise, but you’re ignoring the fact that this is capital intensive. Doing a build out like this requires $$ and given any hardships or slow downs raising money at current levels is very dilutive. No chance a prudent management would move forward - also everyone is going into “dried flower”. Money long term won’t be made this way.. it’s going to be made via derivatives prodicts. It’s not optimism it’s fact that North Roads is applying for a sales only license. They’ve secured 3 retail locations - im quite sure this also isn’t optimism it’s fact. They’re going into retail first, Greece I would consider a pump if PUF wasn’t involved. GMP is where the money needs to be spent as economies of scale happens. We’re never going to be a mass grower, it’s going to be small scale, high quality product. 

Dkm blox was a bad investment  - they’ve doubled their money already... it’s at 5 cents with a 2.5 avg. 150k investment is pennies and blox does all the work. You get the product and the fall back of recovering costs if it fails - great hedge. 

TenFingers wrote: Who said anything about a second site? I'm talking about JK Phase 2,3... JK had initially defined a Phase 2 as a greenhouse add-on over a year ago, and have been plugging their 13 acre prime location now for months in almost every news release. It is a natural next step before Europe, to me. Why would they go for a new location? Sorry, confused.

I like you too, but while we're being honest and transparent, your points are glaringly over-optimistic and borderline conspiratorial.

BLOX was a bad investment - arguing otherwise is a manipulation of fact.

ovechkin8 wrote: 1 for 3 split sorry

ovechkin8 wrote: You realize that a second site would take much longer than mid 2019 right especially considering build out + licensing? You’ll have to wait for the build out then apply for license 1 then get a second site sales license.. The low hanging revenue is retail and North Roads as well as an online e commerce presence which is quoted in october investor presentation. 

Greece is the importing base for North Roads - this is which GMP is the prize because you can’t ship to Europe without it. I think this is a very real notion with PUF who is building a GMP greenhouse. With GMP Liberty/PUF will be able to export/import to Greece GMP.

BC has been a **** show - now that elections are over municipalities can finally reform. I like you ten fingers, but some of your points are glaringly weak. Cannablox is a platform 3 tranches @ 50K each based on milestones. The first tranche they invested 50k @7.5 cents for 666,666 shares then Blox did a 3 for 1 split so LIB owns 2 mill shares at @2.5 cents. BLOX just bought out a big greenhouse in leamimgton. Once this closes you could see it rally.

Retail/online are the best revenue streams right now

TenFingers wrote: We'll see what they do.  I personally would prefer them to seek out solifdifying real revenue that is low-hanging and acheivable at home first. I wouldn't have said this with any degree of concern a year ago, or 6 months ago, but at the rate that they've proven they move at, to me it's important from a feasible delivery perspective that we slow down on ideas and speed up on implementations.

The Greece initiative for me is a joke, no offence to anybody. If I'm proven wrong, awesome.

Highly doubt we'll see anything at NR until mid-2019, but I might be wrong on that as well. All great iedas, yes, but too early, IMO.  Better places to secure revenue sooner.

Where's CannaBLOX in all of this? Lost half our money on that investment, so far. I hated that partnership from the beginning.

Last I heard we were trying to play the CBD formulation card with companies from abroad - would like to get an update on that one. Could be additional revenue there.

ovechkin8 wrote:

TenFingers wrote: Pretty excited about next week to be honest.

My prediction is that we see the first consistent upward movement on LIB this year starting on Tuesday or Wednesday of next week upon AOR announcement.

It's a ticking timebomb to revenue past that point - nothing crazy, but likely a sustainable amount of revenue from JK to allow us to continue to push forward in other initiatives. If I step back and look at everything from a distance, this is what I'm the most uncomfortable with at this point - no revenue yet. And I think other investors might agree.

From there, there is so much potential, even just at the JK location - if they were smart they would immediately launch Phase 2 build-out to stir up investors and have plants in the ground outdoors for late Spring 2019, and also a greenhouse to leverage the sun year-round at that location. (Phase 3? 4?)

These might not make this stock worth 2 bucks, but they will make investors much more confident as longs that we have slow and steady revenue on the roadmap.

GLA


 

I disagree on the next step - I would argue the money is better spent on North Road GMP upgrades + recreational stores before pumping money into a build out. I think 3 stores + North Roads will be less capital than building  start from scratch facility. Next vertical integration is going to be focusing on online sales in some capacity mixed with a cashed up PUF looking to make moves in Greece. Im not worried about a lack of revenue right now. We have 3 mill in the bank + 6 mill in reserves..

North Roads is a sale only license - this is the best avenue to immediate sales over a JK build out + inspection + license process. That is too capital intensive at these levels