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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.


CSE:LIB - Post by User

Comment by Mariomeatballson May 31, 2018 4:35pm
60 Views
Post# 28107934

RE:RE:RE:RE:Lack of plan

RE:RE:RE:RE:Lack of planI can post whatever I feel relevant it’s a free country  or are you one of those snowflakes that opposes free speech , the forums arent just for pumping a stock !

when ever there is euphoria in a space like there is in the weed space  it’s ripe for a bunch of overvalued  juniors , shorting them is easiest money ever made.

Lib has no financial projections , no capital expenditure  numbers, basic stuff a revenue generating business puts out . Stuff you use to make  a proper valuation. Maybe NR can do some small scale distribution , but as CIBC said provinces will end up with 70% of revenue, leaving not much left over especially for a niche distributor .
Ive spoken to the company they just give vague answers and can’t come up with specific numbers .
Management has never run a company before , couple of ex brokers that became promoters .




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