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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 Wiseeon May 17, 2018 8:40am
107 Views
Post# 28044156

Aurora is Watching LDS

Aurora is Watching LDSAurora Cannibis is acquiring strategic mmj companies.

Aurora is trading at 71.90 sales multiple
https://ycharts.com/companies/ACB.TO/ps_ratio

Just consider if they bought LDS out for $1 billion or $7.41(assuming 135 million shares outstanding), they would increase their market cap by $5.04 billion. 

LDS oil extraction sales of $84 million (800L x $7k/L * 1.25 exchange x 12 months).
Now multiply by sales ratio of 71.90 = $6.04 billion 
Deduct the $1 billion 
Equals $5.04 billion

Watch and learn,

Wisee
Bullboard Posts