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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 Leafs4Lifeon Oct 12, 2017 1:17am
228 Views
Post# 26802872

Reality check

Reality check
All this talk on the board about dumping shares because production is about to start along with promotion which will drive up volume.  Huge mistake in my opinion. 

Let's consider one possible outcome for the company and its market value. 

Production will start this month and that will mean revenue. Once revenue comes in, LDS will be able to announce revenue numbers. That will allow analysts to start doing research on the potential of the company. If you don't think Cannacord is coming out with a buy rating as soon as LDS has 3 months of revenue in the bank you aren't paying attention. When I met Brad (and you can check my posts, I do not have  a high opinion of him) he said they want to roll out sales slowly so they can maintain their market position and increase sales every month until they reach capacity. 

The market cap for LDS is something like 45 million (CAD) right now. Do you think a company producing cannabis products in California will be at this market cap or long? I doubt it. This goes higher. 

Promotion is important not so insiders can dump their shares, the insiders want this business to work. They want to draw the american retail cannabis investor's attention to LDS. The chart looks awful right now. If it starts running and the chart looks better, the retail folks will pile in. Again, they are legally producing cannabis products in California. That's a good position to be in. Other cannabis companies are in the hundreds of millions of dollars (USD). This will be the same if they can execute on their business plan. 

I think selling now, or shortly after sales begin would be a mistake. But it's your money and I'm just some guy on the internet. So GLTFA







Bullboard Posts