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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 Mar 18, 2020 12:55am
121 Views
Post# 30820050

RE:RE:RE:IN these times

RE:RE:RE:IN these times

In my opinion Brad has done some things right, but his complete disregard for shareholders and apparent lack of interest in even attempting to present the company professionally to potential investors has been inexcusable, extremely illogical, and very damaging to the share price. 

As for newmoney14's point about the milestones, newmoney14 is 100% right. That is a very significant detail in the agreement and Brad is yet to hit a single milestone in the entire time I've been invested in this company. 

One potential reason to be optimistic though, is that CGOC appears to have really done it's due dilligance on COOL. The finalizing of that agreement took much longer than expected and that's supposedly been due to them repeatedly requesting more paper work from COOL.

I don't know anything about the people running CGOC, but I'm hopeful that they wouldn't have bothered with this deal unless they believed COOL could actually meet those milestones. There doesn't appear to be enough money or shareswap value for CGOC if COOL doesn't hold up their end of the deal, so why would they bother signing the agreement unless they believe COOL can deliver? 

Anyways, it'll be interesting to see how investors respond tomorrow. This news should relieve investor anxiety about the company going bankrupt any day, and supposedly this was the news that was holding up all other news and marketing the company has planned. Although I wouldn't be surprised if all the damage this virus is doing to the markets puts that on hold again.

Bullboard Posts