Core One Labs Inc C.COOL

Alternate Symbol(s): CLABF

Healthcare Cannabis

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.

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Core One Labs Inc

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Comment by Crazyfrog1on Aug 19, 2018 12:17am

65 Views

Post# 28483245

RE:RE:RE:RE:RE:RE:RE:Pumpers getting desperate

Good post leaf. I thought you were one of those who were simply pumping regardless of what’s really happening. I was wrong on my assumption with you.

Leafs4Life wrote: I am willing to admit when I'm wrong. And it looks like you are right - I now think they will report zero revenue for July as you predicted.

Judging by everyone's comments regarding transportation licenses LDS may deliver zero revenue for august too (unless they get their license soon). Having said that, we know that two people have visited the facility in the last month and they have seen product being produced with their own eyes so there are assets on the floor that will be turned into revenue when the regulatory situation gets sorted out.

Now the question is if they have enough cash to survive until the revenue arrives - which is who knows when. They collected $7.6 million in warrants at the end of may (check the form 7 if you don't beleive me) and they had $1.3 million on the balance sheet before that. Their burn was 2.1 million for the first quarter this year (check the financials if you don't beleive me) so their monthly burn is something like 700l per month. They have probably been spending more now that they are in full production.

I think they have a three month window to get this license or they will have to raise money again - and if that's the case then the frog and bullets and these guys will be proven right once and for all.

GLTA

Crazyfrog1 wrote: Are you impressed leafloser ? You’re awfully quiet !

Goldpoopnugget wrote: Well, it is the now the end of this next week you speak of. No revenue news this week.

Leafs4Life wrote: Today is August 10th - last month they released the revenue report on the 17th. They will report it next week.

So zero for July is your prediction? If you get that one right, I will be impressed. Seems pretty unlikely.

Crazyfrog1 wrote: There will not be a report !!!!!! Another lie and broken promise. Zero Revenue !

Leafs4Life wrote: I'm curious about your expectation for the revenue number for July might be?

You know, since you're positive that the price will crumble - what are you forecasting for July?

If they report something in the neighbourhood of $800k do you think the stock will go up or down?

Do you think they will report more or less than that number?

You seem to have a very specific idea of the direction the stock will go, I'm curious of what kind of revenue forecast you're basing this certainty on.

Are you willing to take a guess?

Crazyfrog1 wrote: No more Phil says from the pumpers , LDS monthly financials will soon be out and the the freefalll begins OR maybe Brad won’t release any news to stave off the share price free fall a few more days. Phil most likely will not answer the barrage of phone calls from concerned investors this time. It’s gonna get ugly.