First legal Ibogaine clinic in Canada!42 million shares traded in 2 weeks at an average price of .042 per share. Why because these guys are going to have steady news flow starting soon and things are progressing nicely according to the last news release. Call the company and do your own dd here. I can't believe we are trading at .03 per share still but things are starting to happen. Down side is low from the .03 range but so much upside potential. Earlier this year we were trading 10X higher. I'm hoping the markets will give us a lift as things level out and inflation slows down. We should definitely be trading over .10 per share at this stage of the game. The last news release below. Cheers!!
Universal Ibogaine to reopen Kelburn clinic Oct. 17
2022-09-21 20:17 ET - News Release
Dr. Ian Rabb reports
UNIVERSAL IBOGAINE ANNOUNCES KELBURN REOPENING DATE
Universal Ibogaine Inc.'s research and development clinic, the Kelburn Mental Health and Addiction Recovery Centre, is scheduled to reopen and commence business operations on Oct. 17, 2022.
Dr. Ian Rabb, Universal Ibogaine chief clinics officer, stated: "Progress is going remarkably well on the renovations and program development, we have key hires in place, and we are excited to open and start helping people again. We are looking at about 50 per cent of our expanded occupancy when we open the doors again in October as of today. We have a large referral network for clients, and the situation with the addiction and opioid crisis is still only getting worse by the day so we will likely be full pretty quickly. We are also quite pleased with the progress we are making on the ibogaine clinical trial process. We will be the first legal ibogaine clinic in Canada. This could be the turning point in the opioid crisis."
About Universal Ibogaine Inc.
Universal Ibogaine is a life sciences company, with a mission to transform addiction treatment using medicalized ibogaine through a planned Canadian clinical trial focused on opioid use disorder and ultimately to utilize that protocol globally through planned future licensing agreements.
Universal Ibogaine is concurrently developing a state-of-the-art holistic addiction treatment protocol at its Kelburn Recovery Centre that, when paired with the planned ibogaine detox protocol, is intended to revolutionize the way addiction is treated, and drastically improve the lives of individuals and families affected by addiction.
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