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Mydecine Innovations Group Inc C.MYCO

Alternate Symbol(s):  MYCOF

Mydecine Innovations Group Inc. is a Canada-based biotechnology company. The Company is engaged in developing medications and therapies to address mental health disorders, such as nicotine addiction and posttraumatic stress disorder (PTSD). The Company conducts research and development on second generation compounds in Canada with a focus on developing and commercializing psychedelic-inspired regulated medicines. The Company has two lead 3,4-Methylenedioxymethamphetamine (MDMA) candidates. The Company is channeling its MYCO-005, MYCO-006, and MYCO-007 families of patent-pending second-generation MDMA and Psilocybin analogs through Applied Pharmaceutical Innovation (API). It utilizes artificial intelligence (AI) and pharma research infrastructure at the University of Alberta to develop and manufacture new medications to make them accessible to the general public upon Health Canada and Food and Drug Administration (FDA) approval.


CSE:MYCO - Post by User

Post by JeremyBauherkon Apr 08, 2019 11:03am
99 Views
Post# 29596603

Another penny stock R/S fiasco.

Another penny stock R/S fiasco.And another one that strengthens my resolve to never remain invested in a penny stock that is about to perform a reverse stock split. Penny stocks attract investors to them because they are fundamentally unsound, volatile, and generate the potential for quick and great returns especially after a recent low or even a 52 week low. When penny stock companies try to pretend they are no longer penny stocks with a R/S but still remain fundamentally unsound to the extent where it has very little ability to sustain its new R/S pps, then what is the point in being invested in them? Well, there is always that strong chance of success if taking a short position. Not to mention the opportunity to cash in on each rebound after a crash. But nothing beats buying a penny stock without a care in the world after it hits rock bottom and watching it do what it does best.
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