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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

Comment by CancerSlayeron Feb 07, 2021 4:09pm
127 Views
Post# 32496660

RE:RE:Great News 🚀🚀🚀

RE:RE:Great News 🚀🚀🚀

Agree...not only too early for a NAS listing, a stock consolidation may be the wrong approach & can be very telling.  It would not only screw "non-insider" shareholders (once again), it can wreak of a speculative pump in many investor eyes, big & small.  Though we are making progress, there are some basic realities to consider:  the company market cap is under 100 million, there is no research/analyst coverage, the company is still patent pending, there are nil revenues & there is yet to be proven production scalability (outside of a lab sample)....I'd argue a NAS listing right now would put this company at more risk.  

If the company sincerely shared the best interests of all shareholders (not just insiders) & really wanted to ensure improved liquidity & more meaningful/sustainable investor interest, they'd forgo the NAS listing & first focus on creating more "sustainable" value....the most important imo being the economical & "scalable" production of psilocybin (beyond the lab) & building their IP.  When something smells fishy, it usually is.  JMHO.  Best to any remaining longs...

 

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