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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 Hempdocon Jun 09, 2020 8:31pm
152 Views
Post# 31131299

RE:Correction on cease trade

RE:Correction on cease trade

Yep, a management CTO.  Still no financials for 2019 & not a big surprise considering they still don't have a CFO.  Who knows if administrators will even grant MCTO...maybe a good opportunity for further investigation by security administrators?  

And yet during this financial uncertainty/distress, Brad tries to pull off a reverse merger with two privately-held companies that come with "zero" company details & "appear" to be no more than shell companies...JMO.  

Brad, please explain why any legitimate privately-held company (TWO companies in our case) would want to complete a reverse takeover of our company (COOL).  This is a company that is in debt up to its ears, has absolutely no viable relationship with its long-time shareholder base (who publicly criticized you), had a 1-for-6 consolidation in the past year and is still thirsty for more, has destroyed company value to the point where our limited tangible asset value significantly exceeds MC value, where "thousands of liters" in inventory capacity (as you stated at the April 2019 AGM) actually meant tens of thousands of "milliliters" (now we're using "ml" as a volume scale? That's a first), a respected CFO who recently resigned, & a company that in the foreseeable future cannot reliably produce financials...just to mention a few items.  

Now what legit company in "any" state of mind would want this?  Boy, it's beginning to once again smell like another bullish!t "insider deal" to me...sounds like more Rainy Daze ahead, but even worse.  Time to put on my galoshes...the BS is rising fast.  

JMHO.

Bullboard Posts