24KGolde wrote: t
Zeeshan Saeed We have a shareholders meeting coming up on 22 January I believe. Once the NASDAQ listing is approved by the majority of the shareholders we will start the process of getting listed. It should take 6 - 8 weeks after that
Zeeshan Saeed One thing I would like to clear is that NASDAQ listing is not dependent on the acquisition of Therapix
Zeeshan Saeed Phase 1 completion according to Auxly should be completed by the end of first quarter of 2019
Zeeshan Saeed The top focus for next year will be getting on NASDAQ
Zeeshan Saeed Getting more funding in conjunction with NASDAQ listing
Zeeshan Saeed And acquiring more assets so we can pivot more towards the biotech side
Zeeshan Saeed We may be doing a reverse split only in the event we decide to list on NASDAQ as one of the requirements of NASDAQ, otherwise there is no plan to do a reverse split
Zeeshan Saeed I cannot really project the number of workers we will be employing as the workers employed will be split between us and Auxly and contractors
Zeeshan Saeed but between all of us we should be employing hundreds of workers in the next years to come
Zeeshan Saeed Press Release for Theapix status should be released in the next week or so
Zeeshan Saeed Stephen I cannot comment on any questions relating to the price of the shares
Zeeshan Saeed If we decide to list on NASDAQ which will be with the consent of our shareholders like yourselves then I believe we will have to do a reverse split as a minimum price requirement for the share price
Zeeshan Saeed The takeovers will be analysed on a case by case basis
Zeeshan Saeed From the current 25K facility we should be able to produce upto 4,000 KG per year
Zeeshan Saeed Once the Phase 1 expansion is complete we should be able to get another 18,000 KG per year as our half
Zeeshan Saeed As Auxly is completing Phase 1 we get updates from them
Zeeshan Saeed I am looking into the dates to do open house tours
Zeeshan Saeed Will get back with dates to David on the open house tours
Zeeshan Saeed It is my obligation to satisfy our shareholders
Zeeshan Saeed Without the shareholders and their confidence in us nothing would have been possible
Zeeshan Saeed I cannot comment on Thomas's shares
Zeeshan Saeed Retail license is in evitable. We had a delay because of some results on the last crop, but the latest crop has gone for testing and we are confident that it will pass all tests. Once we get the results we will send it to Health Canada. Please keep your fingers crossed
Zeeshan Saeed Scott there is going to be no reverse splits if it is not going to be beneficial for the shareholders. We are only going to take decisions which will benefit the shareholders
I believe the decision to reverse split needs to be voted on by shareholders is it not?
Zeeshan Saeed Yes it needs to be voted on
Zeeshan Saeed The company is in a healthy position. We have cash in the bank and we do not have build out costs as Auxly pays for the buildout. So we are here to stay
Zeeshan Saeed Rupert definitely has ties with GW as he was the Global head of marketing there. Depends on how GW sees us will determine if we are able to work with them in the future
Zeeshan Saeed We will see and learn from this expansion and then will decide on the size of the next expansion. But yes we will start the next expansion most likely as soon as this expansion is completed
Zeeshan Saeed There are about 20 countries that have legalized medical Marijuana. FSD has a vision and plans to enter all of those countries
Zeeshan Saeed Rupert is going to work out of the UK office for now
Zeeshan Saeed We want to be in the top 5 LPs
Zeeshan Saeed We will make all selling decisions based on where it gets us the most profit from
Zeeshan Saeed Yes we may acquire other producers if it will make business sense to do so and will ultimately benefit the shareholders
Zeeshan Saeed If all of you wish for a monthly session then we will do it monthly
Zeeshan Saeed If any other suggestions then I am open to those as will
Zeeshan Saeed Whatever the majority decides upon we will do that
Zeeshan Saeed I will have to check if we can advertise the FSD shirts. There are very strict guidelines by HC on advertising and branding
Zeeshan Saeed Website is being worked on as we speak. It will be updated very soon
Zeeshan Saeed The Shareholders meeting will probably take place at Bennett Jones offices in Downtown. The details will be sent out to all shareholders
Zeeshan Saeed PILL has drawn up plans to start constructing there site in our premises
Zeeshan Saeed FSD is open to anything which will benefit the shareholders ultimately
Zeeshan Saeed FSD's site size and location certainly makes it as one of the most attractive candidate for the big alcohol, tobacco or Pharma to take over
Zeeshan Saeed There is no chance I will ever vote on a reverse split giant institutional money is going to back it
Zeeshan Saeed The reverse split is only going to be voted on if big institutional money is available to back it. Otherwise we are completely against a reverse split
Zeeshan Saeed Anthony gave an interview to James West at Midas
Zeeshan Saeed Mark you can reach out to the FSD team through info@fsdpharma.com or IR@FSDpharma.com or through this group
Zeeshan Saeed We know that reverse splits are never good for any company and mostly results in a decrease in share price. Like i said we will never vote on a reverse split unless its backed by big institutional money and we feel is only going to benefit shareholders
Zeeshan Saeed Graham I cannot comment on any questions relating to the share price of the compnay
Zeeshan Saeed We do not put out and PR just for hype. The Boston IDCP summit is important for companies which are involved in the Cannabis based biotech. As we have plans to position FSD in that space that summit is important to us. Rupert will be attending that summit as well
Zeeshan Saeed Awesome! I look forward to meeting all of you on Thursday
Zeeshan Saeed We will do this again next month
Zeeshan Saeed Thank you everyone for your confidence