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Core One Labs Inc C.COOL

Alternate Symbol(s):  CLABF

Core One Labs Inc. is a Canada-based life sciences biotechnology research and development company. The Company is focused on bringing psychedelic medicines to market through the development and production of psychedelic compounds, the advancement of psychedelic assisted treatments, and the integration of delivery systems technology. Its subsidiary, Vocan Biotechnologies Inc., has developed and filed for patent protection of a proprietary psilocybin production system using engineered bacteria. It is also the holder of four provisional patents for the development of psychedelic-based pharmaceutical formulations targeting neurological and mental health disorders, under its subsidiary Akome Biotech Ltd., and three provisional patents under its other subsidiary, Awakened Biosciences Inc., for additional synthetic technologies for psilocybin and psilocin production methods. It also holds an interest in four medical clinics, which maintain a combined database of more than 275,000 patients.


CSE:COOL - Post by User

Bullboard Posts
Post by Straniuson Apr 06, 2017 11:52pm
135 Views
Post# 26089725

March Progress Report Due Before Market Open Tomorrow

March Progress Report Due Before Market Open TomorrowMonthy progress report is supposed to be posted before tomorrow's market open. Look for additional management colour in that report.

Other than the announcement of the PP and the upsizing to $12M (both in February), LDS has not had a meaningful press release since November 2016. The monthly reports, for the time being, have been management's only way to update shareholders.

Having said the above, don't expect to see a "newsy" update as the purpose of the report is as follows:

[The] Monthly Progress Report must be posted before the opening of trading on the fifth trading day of each month. [The] report is not intended to replace the Issuer’s obligation to separately report material information forthwith upon the information becoming known to management or to post the forms required by the CNSX Policies. 

[The] report is intended to keep investors and the market informed of the Issuer’s ongoing business and management activities that occurred during the preceding month. Do not discuss goals or future plans unless they have crystallized to the point that they are "material information" as defined in the CNSX Policies. The discussion in this report must be factual, balanced and non-promotional.

~S
Bullboard Posts