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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 Wiseeon Jul 01, 2019 5:34pm
87 Views
Post# 29878646

RE:Fair Valuation

RE:Fair Valuation Where are you getting Forward Revenues?  

LDS had $6M in sales in the last 9 months, TCANN had NIL.  
We need to use actual sales and not projected sales.   

Just think for a second....

you own a company that had $6M in revenues in the last 9 months, the company has $4M in the bank, owns stock that is worth $4.8M, and a product that is getting great reviews from everyone and then someone comes to you and wants to buy your company.  But rather than give you cash, they tell you that their company, with no revenues,  is worth a lot lot more than yours,  and they offer to give 1 share for every 10 shares of their's.   Would you sell?  
Bullboard Posts