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Bullboard - Stock Discussion Forum 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... see more

CSE:HUGE - Post Discussion

FSD Pharma Inc > Question for GrahamB, Reno, or Walter
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Post by TryN2Learn on Sep 28, 2021 4:23pm

Question for GrahamB, Reno, or Walter

Would any of you be able to answer the question:

"there was the issuance of 4,502,392 Class B Subordinate voting shares in the capital of FSD Pharma".... Does this mean that FSD Pharma created these shares in order to purchase Lucid? Any feedback from anybody would be greatly appreciated, thank you in advance.
Comment by DavidRosenberg on Sep 28, 2021 4:28pm
  yes these shares were created and given as part of the deal to accuire lucid  4.5m shares is nothing compared to what previous management did from 7.89m shares to 36m shares 
Comment by GrahamB on Sep 28, 2021 4:36pm
  David  Seriously  Do you remember all the shares Anthony and crew received in the past -and he was part of the management! Here are a few little facts from the past :   FSD Pharma Issues $5.2 Million Worth Of Shares To Management As Compensation     On Monday, the company filed a notice of issuance of listed securities form with the Canadian ...more  
Comment by Mil_Man54 on Sep 28, 2021 4:40pm
TryN2Learn.....GrahamB is really one of the guys you want to pay attention to on this board when he posts......his post history is well worth your time to look at if you want the straight story on FSD.....
Comment by TryN2Learn on Sep 28, 2021 4:47pm
I have been reading this forum ever since it was created. I know that GrahamB is very well versed, I have probably read most of his previous posts. It is just I do not see him post here that often anymore. He definitely knows what he talking about.
Comment by GrahamB on Sep 28, 2021 4:52pm
Thanks for the kind words guys. I think at this point -many of us aren't here as much anymore -but we still drop in to watch , and push back when the pumpers try to rewrite history or misstate the present. Milman has taken up the charge consistently, I suspect his career of protecting others comes to play here The pumpers try to make it sounds as though any negatives are by those ...more  
Comment by TryN2Learn on Sep 28, 2021 4:58pm
Hi GrahamB, nice name by the way! I have read many of your posts in the past, and you are worthy of the name you possess (at least in the sense that you seem to actually analyze stocks). Hopefully you won't mind answering a few questions here or there, I would greatly appreciate your feedback. It is an honour to message you. I would say you are the most well informed person that posts ...more  
Comment by GrahamB on Sep 28, 2021 5:05pm
Haha Yes they are two of my investing idols. Will try to help as much as I can, but sometimes I miss messages, as there's so many feelers on this board, with pumpers etc. that's part of the strategy, as they try to fill up the board with silly repetitive posts, and you will notice this in particular if anybody posts some thing that's factual, that reflects poorly on the company(even if ...more  
Comment by Mil_Man54 on Sep 28, 2021 5:07pm
Thanks for the shout out Graham.....much appreciated!......
Comment by TryN2Learn on Sep 28, 2021 4:38pm
Thank you for the response DavidRosenberg
Comment by Walter333 on Sep 28, 2021 4:47pm
When the merger is stock for stock, the acquiring company proposes payment of a certain number of its equity shares to the target firm in exchange for all of the target company's shares. Provided the target company accepts the offer (which includes a specified conversion ratio), the acquiring company issues certificates to the target firm's shareholders, entitling them to trade in their ...more  
Comment by TryN2Learn on Sep 28, 2021 4:55pm
Thank you very much for the response Walter333. You seem like you understand the vocabulary of finance quite well (much better than I do, that is for sure). I hope you do not mind if I ask you more questions in the future
Comment by Walter333 on Sep 28, 2021 5:00pm
Not at all, feel free.
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