Nova Mentis Life Science Corp. C.LIB

Nova Mentis Life Science Corp is a Canadian-based company focused on building and supporting a diversified portfolio of health and wellness businesses. Through its subsidiary, the company is focused on exploring the anti-inflammatory effects of psilocybin in underexplored metabolic indications such as obesity and diabetes and providing a Health Canada Standard Licensed facility focused on the cultivation of AAAA premium, small batch, terpene rich dominant cultivars cured to perfection.

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Nova Mentis Life Science Corp. > Lack of plan

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Comment by Seegainson May 31, 2018 12:46pm

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Post# 28106196

RE:RE:RE:Lack of plan

So you wrote all that just to tell us you're shorting it? lol

Mariomeatballs wrote: I only see at 2 Million raise and it covers G&A and exploring other opportunities as well as build out
my point is they have no specific details on build out costs And revenue projections , which is standard business when you are acquiring a revenue generating asset ,also normal in presentations.
See CIBC report. Most of money will go to provinces as they will control distribution , North Road is supposed to be a distributor , how does that work ? No info on how big the build out for Just Kush is. How much can they produce ? $ 1. Or $100 million dollars worth . No basic info to use to value the potential business. Most of these junior weed stocks are way over valued , company has no basic business info, asking investors for money on blind faith with a president who has never built a business before . Sounds like a good short to me .

https://business.financialpost.com/cannabis/cannabis-sales-to-top-hard-liquor-sales-by-2020-but-there-will-be-many-losers-cibc