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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

Post by helpline88on May 11, 2023 5:56pm
335 Views
Post# 35444238

Insider selling

Insider sellingOn Friday April 21st the company released news that they had completed Psilocin synthetic production. On Monday April 24th, the first day of trading after the news on the previous Friday the volume of shares traded moved up to 1 million shares and traded up $.06 to $.46. A good day for Cool shareholders. But unfortunately it is not all good news. According to Canadainiinsider Joel Shacker, the company president, sold 80,000 shares on April 24th at $.46. I didn't know he owned 80,000 shares. When the Company's President is selling shares it doesn't look good for the rest of us. Seems to me he doesn't have much confidence. I guess we shall see.   
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