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Bullboard - Stock Discussion Forum 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... see more

CSE:LIB - Post Discussion

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Post by Mariomeatballs on May 31, 2018 12:27am

Lack of plan

The company should post their business,plan for north road and just kush.
both companies will need capital to build out. , how much ?  What kind of revenue and cost projections . 
Amazing how it had almost 100 million market cap with no discernible business plan and financial projections/model
Comment by Ovechkin on May 31, 2018 7:27am
This post has been removed in accordance with Community Policy
Comment by Mariomeatballs on May 31, 2018 12:32pm
I only see at 2 Million raise and it covers G&A and exploring other opportunities  as well as build out  my point is they have no specific  details on build out costs   And revenue projections , which is standard business when you are acquiring a revenue generating asset ,also normal in presentations. See CIBC report.   Most of money will go to provinces as they will ...more  
Comment by michelleb33 on May 31, 2018 12:40pm
north roads is eants to.be a distributer bit the provinces are gonna control the distribution. Well that was a huge vital pieve i didnt see. This is just getting more painful by the day owning this
Comment by michelleb33 on May 31, 2018 12:43pm
there is no fn way they will be granting a license for distribition. So we scratvh that one out. End of story. Now we just got 60 petcent of just kush and pet trials that have gotten ghost for awhile
Comment by Seegains on May 31, 2018 12:46pm
So you wrote all that just to tell us you're shorting it? lol
Comment by Mariomeatballs on May 31, 2018 4:35pm
I can post whatever I feel relevant it’s a free country  or are you one of those snowflakes that opposes free speech , the forums arent just for pumping a stock ! when ever there is euphoria in a space like there is in the weed space  it’s ripe for a bunch of overvalued  juniors , shorting them is easiest money ever made. Lib has no financial projections , no capital expenditure & ...more  
Comment by businessprof on May 31, 2018 10:59pm
Holy cow I’m gonna lose it.  I feel another essay coming.  Mariameatballs - welcome to my ignore list.  I wanted to give you a chance, but wow.  Yes, you can post whatever you want, but substantiate it!  I commented that it would be nice to have some intelligent discussion.  I never said it all had to be positive.  But if you're gonna come in here after ...more  
Comment by TrumpJr22 on Jun 01, 2018 12:21am
Great post.
Comment by Plane2 on Jun 01, 2018 7:59am
Amen to that! Thanks prof!!!
Comment by Hobbes on Jun 01, 2018 8:54am
Agreed great post! The next month should be a good one for LIB and the industry as a whole. We know they are close.
Comment by TenFingers on May 31, 2018 1:01pm
You're ignorant and spreading false worry - likely buying and flipping for a half-penny higher like Angel. I spoke to Feldman this morning, again.  Nothing changed. Won't be calling again. The JK facility upgrade (currently growing under MMAR) is extremely close to completion. They are literally making the final touches on it. Immediate video of attestation to follow.  CCI are ...more  
Comment by Crickster on Jun 02, 2018 11:55am
Thx Prof and Ten.....good write ups...
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