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FSD Pharma Inc C.HUGE

Alternate Symbol(s):  HUGE

FSD Pharma Inc. is a Canada-based biotechnology company. The Company operates through two segments: Biotechnology and Strategic Investments. Its Biotechnology segment is focused on furthering the research and development of the Company’s two primary drug candidates consisting of Lucid-MS and Lucid-PSYCH, as well as the development of UNBUZZD. The Company’s Strategic Investments segment is focused on generating returns and cashflow through the issuance of loans secured by residential or commercial real estate property. Lucid-PSYCH is a molecular compound identified for the potential treatment of mental health disorders. Lucid-MS is a molecular compound identified for the potential treatment of neurodegenerative disorders. UNBUZZD is a proprietary formulation of natural ingredients, vitamins, and minerals to help with liver and brain function for the purposes of potentially quickly relieving from the effects of alcohol consumption, such as inebriation, and restoring normal lifestyle.


CSE:HUGE - Post by User

Comment by Bigmac4000on Sep 12, 2023 1:50pm
132 Views
Post# 35631974

RE:Checking In

RE:Checking InI used to have the number but i forget, how much cashed they have accumulated and burned through since 2018. From the initial IPO to now. Its mind boggling what they have blown through, padding friends of friends through gimmick employement positions just to pay out some cash, bonus shares and let them go and hire more friends. Then all the scams from the plant to the construction to all the silly ideas that they sunk a mill here and a mill therThen you have the WCE scam and the renaming and selling of his own shell company into FSD umbrella, prismic scam with the drug that will never see the light of day, covid phase trials and other scams. Now several lawsuits pending, one they just lost and owe money to, not a total loss because it could have been a lot worse but still a loss. Two lawsuits pending at 53 mil and 34 mill each. Now they pawned off their gimmick stolen alcohol product to Celly-Nu, if it makes money we shareholders get nothing but a 7% royalty i believe. The management were given shares in the newly created Celly-nu but we will see none of that if the company actually gets product to shelf. They should be broke by November in my math and Celly Nu is not to hit shelves until March i think if at all. FSD will go broke and Celly-nu will carry on and we will end up with nothing before xmas. Thats a total guess going by current cash as of last quarterly results and burn rate. Thats my outlook, feel free to correct me,. 
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