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Mydecine Innovations Group Inc C.MYCO

Alternate Symbol(s):  MYCOF

Mydecine Innovations Group Inc. is a Canada-based biopharmaceutical company. The Company’s principal activities are research, drug development and clinical trials of psilocybin products. The Company offers healthcare professionals a variety serotonin-modulating medications by developing drug families derived from Psilocybin and MDMA. The Company is developing several prodrug families, beginning with a psilocybin-derived smoking cessation drug undergoing a NIDA-funded trial at Johns Hopkins University. It is also developing MYCO-006, short-acting chemical analogs derived from MDMA for treating various conditions, including anxiety and pain. It utilizes artificial intelligence (AI) and pharma research infrastructure at the University of Alberta to develop and manufacture new medications to make them accessible to the general public upon Health Canada and Food and Drug Administration (FDA) approval.


CSE:MYCO - Post by User

Comment by syienaon Nov 29, 2016 11:51am
73 Views
Post# 25527670

RE:RE:Going Sub .10 imo

RE:RE:Going Sub .10 imolmfao, nice Blue Jays reference, and very true lol. 

On a more serious note, I trusted my instinct and glad I got out when i did as well.   

Now with respect to the CEO selling 15m shares.   It's his shares, and he doesn't have to do anything more then to put up a notice on sedar and go on his way.   It really was a d^^ move on his part, but hopefully you guys get some clarifiation soon.

Remember, the CEO did loan 400k something to the company.  So i'm not sure greed is the right word for it.   But regardless, I'd keep keep an eye on Canadianinsider, and keep track of what the CEO has sold.    I've seen another company do it in the past, and that person essentially killed every momentum the stock had.  

I thought about getting back in, but i think for now, I'm fine on the sidelines.  The company needs to give out more info, and more direction to what the f is going on.
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