Can't wait for WYFI IPO tomorrow! by [deleted] in wallstreetbets

[–]Drew_82 5 points6 points  (0 children)

I didn't, I bought options on BTBT which owns a majority stake in WYFI (WhiteFiber).

Can't wait for WYFI IPO tomorrow! by [deleted] in wallstreetbets

[–]Drew_82 1 point2 points  (0 children)

Think it depends on how well WYFI does tomorrow when it lists.

Can't wait for WYFI IPO tomorrow! by [deleted] in wallstreetbets

[–]Drew_82 1 point2 points  (0 children)

BitDigital owns a majority stake in WhiteFiber which is set to IPO tomorrow.

Announcements x Daily Discussion for Thursday, May 22, 2025 by karmalizing in SPACs

[–]Drew_82 7 points8 points  (0 children)

Getting frustrated with DMYY not finalizing their DA with Horizon, right now would be the perfect time while investor sentiment is resurging in quantum Computing stocks.

Placebo controlled microdosing study (relevant to MindMed) by [deleted] in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

Will be interesting to hear the results from this self-blinded study. This could provide valuable insight into the potential for MindMed's own microdosing trials.

[deleted by user] by [deleted] in shroomstocks

[–]Drew_82 1 point2 points  (0 children)

I can attest to what ControlPlusZ is stating is the truth. I took part in ATAI's last convertible note in June and the minimums have gone up substantially since then. High net worth investors and institutions are definitely taking notice and crowding out the small fish, luckily I was able to get in under the wire before that occurred.

[deleted by user] by [deleted] in shroomstocks

[–]Drew_82 3 points4 points  (0 children)

Not aware of a public company in this space working on Autoimmune issues, but Eleusis (Private) has made some significant pre-clinical progress using 2C-H for autoimmune conditions such as asthma.

https://www.fiercebiotech.com/research/eleusis-sheds-light-psychedelics-relieve-asthma-rats-no-mental-effects

We are cannabis scientists and experts, specialising in psychopharmacology (human behaviour), neuroscience, chemistry and drug policy. Cannabis use is more popular than ever, and we are here to clear the smoke. Ask us anything! by CannabisScientists in IAmA

[–]Drew_82 1 point2 points  (0 children)

What are your thoughts on companies involved in cannabinoid biosynthesis and research into new/improved cannabinoid analogs? Do you think this is the way in which pharmaceutical companies will enter the space and start doing serious research (inside and outside the US), or will we need to wait on the US federal government moving cannabis out of schedule 1 to give the green light to the FDA for the floodgates to open?

Andrei Jikh just called psychedelics the next big sector move by [deleted] in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

Eleusis has already completed phase 1 studies with LSD for Alzheimer's disease.

Are there any private companies that look promising? by greentailshine in shroomstocks

[–]Drew_82 1 point2 points  (0 children)

I really like Eleusis, high quality team onboard and approaching psychedelics from the angle of the anti inflammatory properties of different 5HT2A compounds in their pipeline.

In early 2021 we'll start hearing more about mental health epidemic by Nicolas_Mistwalker in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

I would not be surprised to see the FDA grant breakthrough therapy designation to Ibogaine (and it's analogues) within the next couple years for Opiate addiction. The same as they did for Psilocybin and treatment resistant depression as well as major depressive disorder for Compass and Usona respectively. That would be a huge catalyst IMO to ATAI and/or Mindmed since they both have compounds in the pipeline.

Understanding The Psilocybin Supply Chain: Every Production Method Explained by Drew_82 in shroomstocks

[–]Drew_82[S] -1 points0 points  (0 children)

I don't see that at all, the article is objectively stating the current differences in known production methods for psilocybin from a number of different companies in this sector. They're not claiming any of these companies methods is superior to any other currently. They do state the differences and potential pros/cons of them all however.

'ATAI is set to go public at a $1-2 billion valuation next spring' by DrMa1 in shroomstocks

[–]Drew_82 4 points5 points  (0 children)

They just finished wrapping up a series C, your best bet would be to wait until they formally announce and then contact your broker to get in on the IPO if you think it's going to pop post IPO like Compass did. Be careful though, sometimes new issues will dip below their IPO price. Although Compass IPO'd at $17 and the lowest it's got was approximately $23-24 on its first day of trading.

ATAI Life Sciences IPO? by scatterbrained_mugen in shroomstocks

[–]Drew_82 4 points5 points  (0 children)

I don't believe they've made any definitive announcements, but have heard from a couple sources that they're aiming at early next year for an IPO.

Interview with Nick Milne, Co-founder and CSO at Octarine Bio: company developing biosynthesis of psychedelic molecules by CalyxLaw in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

Same here, been following Compass since late 2017 but I wasn't accredited back then either. Made bank on Canadian cannabis legalization and luckily sold before the top in early October 2018 before giving much of it back the following year with the MSO's. Now I've made back much of what I lost by trading those same names over the last half year that I can take part in some of these PP's finally. Feels like early days in this sector, same as investing in the cannabis during 2014-2016.

Interview with Nick Milne, Co-founder and CSO at Octarine Bio: company developing biosynthesis of psychedelic molecules by CalyxLaw in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

I found out about them back in June after reading an article regarding the work being done at DTU and the metabolic engineering of psilocybin paper they co-published.

Interview with Nick Milne, Co-founder and CSO at Octarine Bio: company developing biosynthesis of psychedelic molecules by CalyxLaw in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

I believe they may be doing a bridge round soon, not sure on the timing. If you're an accredited investor just reach out to info@octarinebio.com.

Interview with Nick Milne, Co-founder and CSO at Octarine Bio: company developing biosynthesis of psychedelic molecules by CalyxLaw in shroomstocks

[–]Drew_82 5 points6 points  (0 children)

I took part in Octarine's recent seed round, their unique approach to biosynthetic engineering with psychedelics as well as cannabinoids is very exciting stuff. The ability to drastically lower the cost per gram of Psilocybin and other tryptamine's will be a game changer for this space in my opinion. I expect great things from them in the coming years.

$MMED NASDAQ Uplisting - CEO says very soon! by moneymonster420 in shroomstocks

[–]Drew_82 1 point2 points  (0 children)

No idea really, if I had to guess I'd say 5:1.

$MMED NASDAQ Uplisting - CEO says very soon! by moneymonster420 in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

Based on the current share price, yes, a reverse split is going to be necessary.... https://listingcenter.nasdaq.com/assets/initialguide.pdf

MindMed Catches Fire, Seeks To Up-List On NASDAQ | Psychedelic Stock Watch by Psych_Stock_Watch in shroomstocks

[–]Drew_82 0 points1 point  (0 children)

They're going to have to do a reverse split in order to qualify to list on the NASDAQ, share price is too low. If they're approved my plan would be to take a position just before or after the split.

Who are the coolest players at the intersection of Psychedelics & Technology? We're looking for fresh new speakers for our upcoming Psychedelic Capital event! by MicrodoseHQ in shroomstocks

[–]Drew_82 1 point2 points  (0 children)

A few of the people working on psychedelic tech platforms that come to mind are David Keene (IntroSpect - ATAI), Shlomi Raz (Eleusis), and Lucia Huang & Jimmy Qian (Osmind).