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I almost sold half at 40 but decided to be greedy I might sell at 2.50
They are being very smart and professional to hold back on trial updates they would be shut down immediately if they started trying to push the stock up with news..This is going to be a huge breakthrough for the company and shareholders if it is approved but it is very stressful waiting for trial news.
I owned my own business for 30 years it was not publicly traded but I would not have wanted people calling me every day to ask about my business plans.They can not answer questions regarding the trials on the phone it is illegal.
Best opportunity in this space lots of great products coming to market and not just Psilocybin the market is huge for mushroom supplements.I think the management and board on this one is far and above the level of the competition.
I am not worried about our CEO managing the trials and company but big Pharma does try to kill anyone who trys to compete.Doctors try to prescribe a lot of big Pharma toxic drugs but warn you against drinking herbal tea.That is the state of our "health" care system in North America in Europe and Asia mushroom medications are wide spread and commonly used.The biggest lobbyists in the world are Pharma just ahead of oil.
They have great strains and excellent logos packaging etc.I remember Thai sticks people risked life in prison bringing that back to Canada.It is amazing that it took so long to legalize I am from BC the cops stopped busting people in Vancouver 25 years ago.They always said weed was not the problem it was always alcohol
That is my only big concern that the FDA may not approve RVV's drug really due to pressure from big Pharma to kill all of the beneficial compounds that they do not profit from.This is the most corrupt industry in the world and with the Trump administration who knows where the money will flow.
I am on a Squib trial medication right now for cancer and the side effects are terrible it makes you wonder how drugs are approved I asked my doctor if any of the lab rats survived.I think it was under Bush that they relaxed the trial regulations but now the drugs have to issue warnings about their side effects and toxicity.GREAT.
Wow maybe it was about time we stopped farming mink.I think the only big market for fur now is China
I was on Prednisone to counter side effects from another drug and I had to get emergency care after taking it.Drugs with very harmful side effects are often approved just look at all of the ads with 50 warning disclaimers.RVV has a safe drug with few side effects it is about time the FDA did the right thing and approved a safe beneficial drug.
Our market cap is ridiculous compared to NUMI and Trip for example it does not make sense that we have great products that are available compared to the other start up hyped shroom stocks.If we can get better exposure in the US it will be a 10 bagger.
Wow great interview he is a lot more down to earth and honest than almost any other executives in the industry.In Canada fortunes were made by hucksters crooks and political insiders who jumped ship with billions and left the companies in ruin including the giants Canopy and Aurora.I am in TGIF and a lot more confidant after watching that interview.A long term investment in Cannabis used to be 2 months it may take two years for a big gain but TGIF is here to stay.
I am not sure how great a public launch will be during lockdown but the products look great.Coffee pods are a multi billion dollar industry now.We just need about a billion of that pie.
Been in this for a year still holding but disappointing to see it fall again I should have sold half at .4
I still think that we have a winner so decided to buy a few thousand more.
We are not playing that game quite a few stocks have been hammered because of false claims or false hopes .RVV is doing it very cautiously according to the rules that is why we will be approved.
I hope it gets pushed with the Wall Street guys that are now in charge with Jared and Pence who knows what will be approved at least bleach has been ruled out.If the big money brokers notice RVV it will be pushed immediately.
Everything is going according to the study plan if there are some good results in December it will have been worth the wait.This is not a typical run on news startup these guys are very strong and are developing the business according to a professional agenda.
The website showcases a lot of interesting product but when you click on categories very few come up are they even available?
There is a gold rush in Canada too for Covid related medications we are better off than you are in the US but our federal government has been favouring their friends too with big grants and contracts.It will be terrible if RVV gets overlooked because of greed and corruption.
There are several new drugs moving into stage 1 trials around the world you would think that given the already known results and safety from Bucillamine and the fast track to stage 3 this will be approved.We are all ready for this to explode.
The products look great the mushroom health craze is huge the tea products will do very well if they can get them in the right stores and widely marketed.The coffee pod industry is at least a 100 billion dollar market 1% of this would be nice.
Insane that CMPS has a market cap of 1.4 billion with no products let alone earnings.Wow this is a crazy market.
You just have to look at the chart a lot buyers came in below .10 I bought in luckily at .075 and sold half at .42 I have since increased my position again with these micro cap stocks it is more luck than skill unfortunately money seems to often flow into shams and out of promising companies like this.It is hard to believe we are not at least a dollar!
It seemed to of help the orange ape but I doubt that he is human.The big announcement is coming in Nov for RVV and their safe very beneficial drug.
This is a crazy market some companies in this space have 40 times our market cap with no sales we are yet to see some real numbers from WUHN but at 11 million this is priced ridiculously low to its competition.I almost sold it all when it went back up but holding and adding today.
I am in Canada and we at least respect our public health professionals the Donald has virtually killed dozens of viable research programs and poured billions into mega Pharma coffers hoping to fast track some sort of half tested drugs.Hopefully after the election and he gets the boot RVV and others will be recognized as leaders in Covid related therapies.We have to be patient RVV will be approved after the positive legitimate trials are completed.
The name change would be positive pretty bad being named after the Covid point zero city.
I was just on a stage 3 trial drug from Sqibb and it almost killed me I do not know how it made it past the rat trials but big Pharma is able to lobby heavily to get approvals regardless of the drugs safety.Apparently only two patients in Canada were able to tolerate the drug.The public needs safe drugs like RVV is developing but we will have to see if the republicans will support development from the smaller players.
8 dollars would be amazing right now it would be nice to see .25 it has flatlined
Hype has been driving the competitors stock valuations with no projected sales for at least a year we should be well ahead of MMED and others but like the early days of cannabis investing its a big gamble and it really makes no sense where the money will flow.I am holding long on this one.The valuation is ridiculous considering the potential.Right now it is a traders stock with money made weekly on swings.
A new drug generally has to go through at least 2 years of trials to ensure its safety although in the US drugs are often fast tracked and the manufacturers have to inform the public of side effects.You see those incredibly scary ads on TV constantly.It seems likely though that proven safe drugs will be approved now for Covid symptoms if not cures RVV is in a very strong position for approval.
Even if it is a stop gap drug it will still be needed by a few hundred thousand recovering patients.If phase 3 trials are positive this drug will make international headlines.I am willing to take the risk on this one.
Some of the recreational mushroom stocks with no sales and suspect research are trading at 10 times RVVs valuation.RVV is a first class legitimate company but the stock is flatlining I think because investors are skeptical after the early Covid bio stocks exploded without any real evidence of useful drugs ready for use.Big money is waiting on the sidelines for the trail results.Maybe more money can be made short term on highly speculative plays but RVV is the real deal.
There has to be very strong support for the study with 5 more sites to be added.I am sure labs are all busy with Covid and would not take on more research unless it looked very promising.We just need Phizer to give us a billion dollars.
It is a problem in the US getting any restricted drug based medication approved.It is astoundingly bad that so many beneficial medications have been blocked from research because of the war on drugs and the class one status of the compounds.Mushroom based medicine is common in the East and has been used for a few thousand years.Finally companies like RVV are showing the proof that fungi based medicine works with few side effects unlike the toxic synthetic drugs that are pushed on us by big Pharma.Big Pharma will be partnering with RVV and other companies as regulators and the public demand push forward many highly beneficial safe drugs.LONG RVV
I am not sure which report you are referring to I could not find it.
Yes if you have cancer you know how FNG bad most drugs are I am supporting a company who I believe is ethical and has real therapeutic medicine.I am on some scary big Pharma garbage that is sort of keeping me alive the side effects are scary.RVV has a lot of real healing drugs in the pipeline my family will inherit my shares holding for the future.
I am from Vancouver BC I have probably eaten pscillocybin and other hallucinogenic mushrooms 100 times it is about time that law and order opened up about plants.The benefits are huge and the risks are low I am a cancer patient on immune therapy drugs right now and the side effects are terrible.The drugs may help me live longer but at a huge physical cost finally plant based medicine is being recognized.
low market cap on this shroom stock it sucks to see it slowly going down but I am going to hold it should catch up to the other stocks in this segment that have several multiples higher market caps with no sales.
Nothing makes sense in this industry money flows in on speculation initially one out of 100 of the biotechs make money and their shares skyrocket I am still long on RVV why would they be accelerated to stage 3 without some good science.It is still a long shot but worth risking a few thousand.