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Bullboard - Stock Discussion Forum Nova Mentis Life Science Corp. C.LIB

Nova Mentis Life Science Corp is a Canadian-based company focused on building and supporting a diversified portfolio of health and wellness businesses. Through its subsidiary, the company is focused on exploring the anti-inflammatory effects of psilocybin in underexplored metabolic indications such as obesity and diabetes and providing a Health Canada Standard Licensed facility focused on the... see more

CSE:LIB - Post Discussion

Nova Mentis Life Science Corp. > Thoughts on a buyout?
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Post by Bellsey on Jan 15, 2018 10:48am

Thoughts on a buyout?

Here is why I think we may be ripe for a buyout:

Two licenses at play (sales/distribution, and cultivation). Any new company (big alcohol, Tobacco, pharma) would need to apply for these licenses and get behind in the queue for a year or two. At 100 mil mkt cp we are cheap, and a perfect entry into the sector for someone who doesnt want to wait long for license. Throw a hostile ~200mil bid and I don't think management would be able to say no. Would be peanuts to a big company. Would be an auto double or triple in sp overnight. 

Thoughts?
Comment by 12gaugeRAGE on Jan 15, 2018 4:23pm
I don't see LIB being bought out. They would be very appealing to the major players, but I believe LIB is more than happy doing this on their own. With the direction(s) they are taking, they're not a flash in the pan. Cultivation, distribution, and a very underestimated value in ESEV pet products... well on their way to being a great success story. North Road vault capacity currently at $6 ...more  
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