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Mydecine Innovations Group Inc C.MYCO

Alternate Symbol(s):  MYCOF

Mydecine Innovations Group Inc. is a Canada-based biotechnology company. The Company is engaged in developing medications and therapies to address mental health disorders, such as nicotine addiction and posttraumatic stress disorder (PTSD). The Company conducts research and development on second generation compounds in Canada with a focus on developing and commercializing psychedelic-inspired regulated medicines. The Company has two lead 3,4-Methylenedioxymethamphetamine (MDMA) candidates. The Company is channeling its MYCO-005, MYCO-006, and MYCO-007 families of patent-pending second-generation MDMA and Psilocybin analogs through Applied Pharmaceutical Innovation (API). It utilizes artificial intelligence (AI) and pharma research infrastructure at the University of Alberta to develop and manufacture new medications to make them accessible to the general public upon Health Canada and Food and Drug Administration (FDA) approval.


CSE:MYCO - Post by User

Post by MrHappy420on Feb 02, 2021 2:51pm
357 Views
Post# 32448946

Averaged down

Averaged down

The reason for this pressure is from the 36,000,000 shares the became free trading on January 8th. Since the free trading shares have been in circulation, there has been 50,000,000 shares exchanged. There's a good chance that we're very close to the selling pressure. I'd suggest averaging down around these levels. We may see .40 before the reversa but I'm not taking the chance of missing this price. 

GLTA

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