Core One Labs Inc C.COOL

Alternate Symbol(s): CLABF

Healthcare Cannabis

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.

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Core One Labs Inc

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Post by Wiseeon May 10, 2018 1:21pm

111 Views

Post# 28012743

ACB trading at 77 times Sales

ACB is trading at 77 times sales, and it was as high as 136 times sales.

https://ycharts.com/companies/ACB.TO/ps_ratio

With today's news, LDS should do $25 million per year, so a 77 times sales multiple would equate to a stock price of $12.83 (assuming 150 million shares outstanding).

Let's be ultra conservation, let's use 10 times sales, equates to a stock price of $1.67 for LDS.

I can't wait for the big boys from Wall St. to model this out next week!

Watch and learn!

Wisee

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