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Mydecine Innovations Group Inc C.MYCO

Alternate Symbol(s):  MYCOF

Mydecine Innovations Group Inc. is a Canada-based biotechnology company. The Company is engaged in developing medications and therapies to address mental health disorders, such as nicotine addiction and posttraumatic stress disorder (PTSD). The Company conducts research and development on second generation compounds in Canada with a focus on developing and commercializing psychedelic-inspired regulated medicines. The Company has two lead 3,4-Methylenedioxymethamphetamine (MDMA) candidates. The Company is channeling its MYCO-005, MYCO-006, and MYCO-007 families of patent-pending second-generation MDMA and Psilocybin analogs through Applied Pharmaceutical Innovation (API). 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 Litemuppon Dec 02, 2016 12:42pm
42 Views
Post# 25547129

RE:i am posting this for your own DD

RE:i am posting this for your own DDHahahaha the desperation to get in lower is so obvious. Good luck
Skynet76 wrote: originally it was a reply but as many ppl do not read them i wanted you to read my own summary with a better frequence, pardon me for that...

original reply and history can be found here https://www.stockhouse.com/companies/bullboard?symbol=c.nf&postid=25547033

now the text:

well, that still has to be cleared up. as of now they did not even release a NR stating their so called "exchange ratio"... if you get like 5NF to 1NHS at a price of 0.03 (the low end they stated once in a NR about what they will be be getting from NHS for the split) you do the math....

was this loss worth getting those shares? many ppl lost a minimum of far by half they invested... doubt the so called "free" shares will compensate that in any way.... 

one thing to remember: NF will get shares from NHS at a certain ratio that we do not know (not determined yet)... and NF will compensate their shareholders with another ratio... so the ratio you get will not be the one that NF got. 

Let us do a bit math:

if you invested like 20k in NF at a price for .20, you owned 100k NF shares. they are now worth 12k, which results in a loss of 8k. fine with that. you you get a 5NF:1NHS ratio, meaning you will get like 20k NHS shares. assuming the best (they start with 0.10) those shares will be worth 2k (potentionally dropping by the time they can be sold but let us say you can sell them at .10): total loss 6k....

well, not really worth it, wasn't it?

but now we will do the math on the best possible: 

if you invested 20k in NF at .20, results in 100k shares. same 12k by now, 8k loss. now we have a 1:1 ration and you get 100k NHS (which will likely not happen) you own 100k NHS, selling them at .10 will result in 2k win... YAY

well, once you know the exchange ratio, you can do your math on your own... i doubt that you will compensate your loss in any way....

now the question is how to compensate your loss: go long ..... veeeery veeeeery long..... they have potential to bring you back into the green... in late 2017 or 2018.... 

i have been one of those getting r4ped in the dump... too greedy to be honest, shoould have sold... well you know the story, that is why you still read this here... i am not a pumper, nor am i a dumper. i am just a guy that invests not that much money for a bit of a buck and am not that amused when i get r4ped... like you i assume.

after all those days and all the idiots on this board i must admit that ledrog and orbital are the only ones, saying the truth about this business. pretty funny to admit as i was one of they, thinking they are bashers, but now i think these 2 guys are the only ones being honest with you alle the time (including me). let us face a fact: they both told us that this will suck already last week then the pump was over... they delivered provable facts and got bashed for that.

as to other ppl still trying to lure you that this one will be back on the track in time... PUMPERS... they are selling the sh1t to you because every sh1tty cent they sell to you is worth a lot... imagine you have 100k sold to ppl like you (and possibly me)... let us do a math:

stock is at 13 and they bought at the low of .12... you buy at .13 and are glad you bought yourself in "so cheap"... now what is the deal? they gained 1k with the buying of people... now you still think it will go up to like 15 oer even 16? no, they drop it back to 12.... waiting for the next guy to sell sh1t and earn 1k... you understand? they win, you lose? 

this stock is pretty much dead. but the good thing now is:

1. get along with your loss and face it
2. become one of those selling sh1t to other sheep and regain your loss on a 1ct base
3. learn of it and invest your money in longs

and next time you participate in a pump'n'dump, you will know when to sell ;-)

just my 2 cents....
Read more at https://www.stockhouse.com/companies/bullboard?symbol=c.nf&postid=25547033#dRz5rt4CW8PhID9F.99


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