Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 DD34on Dec 01, 2019 6:48pm
89 Views
Post# 30411281

RE:Financials

RE:Financials$4M to be had when warrants at $1.25 are accelerated by the stock trading over $1.57 for 10 consecutive days. So yeah - that is coming quickly. Cheers
Zevo wrote: Revenues were only $600,000 even with same period last year
Gross margin negative vs positive last year 
Expenses slightly lower than last year
Advertising and promotion budget doubled same period last year

Not much cash on hand ($100,000) but receivables way up (almost $500,000).. good sign!

Bottomline long way from profitability IMO, but not many MJ’s are outside of aphria at this point. Doesn’t mean the market cap won’t continue to grow. They are now trading at $21million market cap... 1:1 to their assets. I believe the could easily reach $100 million market cap with their new dispensary functional. That’s $5 share price. Worth the risk IMO


Bullboard Posts