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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 Jared1111on Apr 20, 2019 3:10pm
108 Views
Post# 29651257

RE:RE:Core Isogenics

RE:RE:Core Isogenics

There was a news release on April 12th for a monthly oil contract for 120 liters.

https://static1.squarespace.com/static/5b5fb77f9772ae6ed9884719/t/5cb016f1e4966b40310b7c9c/1555044081921/19-04-12_LDS_NR_APR+12+2019+MOU+Bulk+Distillate_Final.pdf

As for the 3000 liter's per month, that's from the "LDS Presentation" on the companies website. On the 16th slide of their presentation titled "Processing Profit Model", in regards to oil distillate, they state that "LDS is currently in negotiations with manufacturers on contracts that if completed would exceed 3,000 liters per month."

https://static1.squarespace.com/static/5b5fb77f9772ae6ed9884719/t/5ca3cce80d9297b8e8276d01/1554238720740/LDS+Shareholder+Presentation+-+March11_2019+%28E11%29+Final.pdf

So, the April 12th announcement of 120 liters/month is most likely the first of many announcements regarding contracts for raw distillate. That being said, keep an eye out for more news releases like the one we got this week regarding contracts with farms for large scale cultivation.

https://static1.squarespace.com/static/5b5fb77f9772ae6ed9884719/t/5cb8a861085229db83e701ab/1555605602059/19-04-18_LDS_NR_APR+18+2019+LDS+Farm_Final.pdf

LDS has the expertise and equipment to produce 4500 liters of oil per month. There's no shortage of demand for distillate, but obviously having enough biomass to produce large amounts of oil is a challenge. That's why contracts with farms are so crucial. 

It'll take time, but expect to see more news releases from LDS for contracts with farms and raw distillate orders. Also, keep in mind that if distillate prices have rebounded to $10,000-$12,000/liter, then every 100 liters LDS sells is worth at least $1,000,000.

LDS has some pretty amazing potential, and now that the state isn't screwing everything up by changing its regulations every couple months like they did last year, LDS appears to finally be executing its business plan.

 

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