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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 badog222on Jun 18, 2018 8:45pm
218 Views
Post# 28189133

Jared1111......Timelines

Jared1111......TimelinesJared....I have only been invested since December so I don't have near the experience with timelines as many....but while I have seen some things that I questioned coming from management  (packaging seemed to go on way too long as an excuse....production was to have started Jan 22nd but I didn't see much production....patent was no problem...until it was...took forever just to file....etc.)   there were also legit reasons why they couldn't actually produce much IMHO.    The only thing they could sell was medical and they didn't seem to have a good avenue to actually sell much....i.e. the attempt at festival sales.  I think Brad went thru an adjustment period after he said, at the AGM,  that top quality resins would sell for $150-$200/gram.   Plus some permits were being delayed  by State (i.e. transprotation permit still not issued) and changes in rules and regs as they went along.    Facilites are still too small to output that much which is being rectified.    

What I never understood was why Brad never felt compelled to address the issues as they occured.   Much seemed like material information and even if not it would have helped investors understand what the company was up against as they went along.    If he ever outright lied or misled then I just don't understand his thought process....but I'll be he learned from it as he learned to abide by ever letter of the law.   This whole thing was a learning process I'm sure.

Anyway....here we are.   Like you say it's time to perform.    Lets all hope he does.    But lets also be flexible for the next few months as I am confident that not all timeframes will go like clockwork.   Even when you think you finally have things under control something new often causes another problem / delay.    So many have come this far....it's time to wait a little longer.   Everyone can decide for themselves what a little means.     But the prize is potentially too big to jump out a window if the 300 liters are not finished and delivered exactly by the end of the month.   The excitement is unreal.   I assure you that the insiders are not going to be moving on anytime soon.    They all know the fortunes that can be had here.

Badog
Bullboard Posts