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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
Comment by Tuco110on Jul 06, 2018 1:25am
144 Views
Post# 28276321

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Picked Up More Shares Today

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Picked Up More Shares TodaySomeone mentioned that it takes 1.5 months to make the new machines and they are 5x more productive than the original. We just installed the first new machine end of June so if we assume the original was about 200 litres/mo then the current production is 1200 litres/mo. The next machine will be installed mid Aug so now we are at 2200 litres/mo. the third machine will be installed end of Sept giving LDS a capacity of 3200 litres/mo going forward from Oct.
All that really remains is to find out what price they are selling the liquids for and what the margins are. We should find out the answer to the first question next week. I'm expecting $8,500-$$11,000 per litre, but who knows. They are probably making a couple of different grades so there will be some low priced stuff and some really high grade stuff, they must have a lot of growing pains bringing everything all together but I know Brad wants to be making the best stuff out there which could be as high as $14,000 per litre.
Bullboard Posts