 Hey, how you guys doing? This is rich from rich to be live and I want to talk to you about mind medicine. So I Talked about this company before they did their IPO. They did their IPO exploded up You could see they flew up to really high levels and then came all the way back down They've been down as lowest 30 cents, which was like a buying opportunity of the century and Since then what we've seen them do is just explode up Kind of funny cuz some guys were talking to me and threatening They were gonna short this stock and I said, yeah, go short it Wonder where those guys are now up 27% today very quietly trading 5.5 million shares and up 27% Went through all my my stocks and my holdings like oh wow I'm up on mind medicine And I didn't expect it because it's been down. You see all this red here. It's been pushed down for the most part of you know the last three weeks and You could see they had that one explosion up in the green and Now the last two days in the green again here. So will this continue? Let's see here. Let's see if we know why they exploded mind med reports year-end results and corporate update Investor conference call scheduled for Wednesday, April 1st 2020 at 11 a.m. Eastern mind medicine Mmed in Canada Mmedf in America The leading neuro pharmaceutical company for psychedelic inspired medicines today announced the release of its audited consolidated financial statements otherwise known as a financial statements and accompanying management discussions and analysis For the period of May 30th 2019 date of incorporation to December 31st 2019 The period ended December 31st 2019 all financial figures contained herein Are expressed in US dollars USD unless otherwise noted For readers of the financial statements and MD&A it is important to note that on February 27th 2020 mind medicine ink Completed a reverse takeover transaction with Broadway gold Mining limited to form mind medicine ink Mind med Delaware is deemed to be the acquirer in the reverse takeover transaction and therefore mind med Delaware's audited consolidated financial statements for the period ended December 31st 2019 Are deemed to be those of mind med and are the financial statements released today? Mind med was founded in May 2019 and completed a number of capital raises for the aggregate proceeds of US 30 million Including 19.5 million after period and making it very well capitalized in the psychedelic medicine industry I'm not going to go through all the news Our cash and working capital December 31st 2019 were three million us and four point seven million us respectively The increase in cash was due mainly to the US nine point nine million of net financings net of the cash used in operations of US three point one million and the funds held in trust of us three point six million The increase in working capital was due mainly to the net financings of us nine point nine million net loss of us five point four million Just reading all the information here. So there will be a conference call Tomorrow morning and I might even stream that that'll be a day at my time I'm gonna be really busy, but I'm gonna try to see if I can if I can stream that tomorrow What do you guys think about mind medicine big move today 5.5 million shares at 79 cents Did hit a high of 84 cents a low of 65 on the day a high of 84 finished at 79 Pleasant little surprise. I am green. I'm a shareholder Honestly, I might sell my position because I kind of got hot kind of got it got in way too high Looking at all this red here. It's just gonna be hard to believe. It's gonna stay above this level here 71 cents Looks to me like 61 cents Is going to be a very difficult level to stay over so let's see if they can maintain These prices or go higher Right now just looking at the chart. It looks like they're gonna have a lot of resistance Just based on historical patterns because it hasn't really stayed above these prices for long But you never know it's a brand new company just getting started. They do have Kevin O'Leary and Bruce Linton heavily involved Kevin O'Leary an investor and Bruce Linton on their board Stay tuned as your board rich from rich to be live We're bringing the winners and we bring them to your first mind medicine with a huge day Yesterday and today if you got enough 30 cents and you're at 79 Congratulations amazing trade Probably should have already sold you probably already did You're bored rich and wish to be live if you're not winning. You're not watching Bringing the winners and we bring them to you first. It's true It's your board rich and wish to be live and I'm out mind medicine. Keep bringing us those winners, baby Let's go 27% gainer. I'm out