FSD Pharma Inc C.HUGE

More of the same, PSUs, wasted money…

[GrahamB]

You just have to shake your head.

Reading the recent financials and seeing these guys blew through 5.4 million in the last 3 months including an inconceivable 1,4 million in share repurchases (for a small cap that has only lost money since inception).

Now, they are giving millions of shares and milllions of share holder value back to themselves in PSUs


Substitute the PS for an F!


"the Company announced that on May 16, 2022 it granted PSUs to its directors and officers in the following amounts: Anthony Durkacz - 699,502; Zeeshan Saeed - 799,004; Donal Carroll - 704,801; Nitin Kaushal - 100,000; Fernando Cugliari - 100,000; Larry Latowsky - 100,000; Adnan Bashir - 100,000; and Dr. Lakshmi Kotra - 216,797.

[GreenMonster333]

Can anyone explain what PSU's are exactly?

[Mil_Man54]

Performance Stock Unit (PSU) A company’s commitment to give a targeted number of shares of stock or cash equivalent to an employee at a future date, once vested. The actual number of shares given will vary based on performance as measured against the defined goals. And the BoD and mamanagement has awarded themselves PSU as Graham stated....so essentially they used the buyback program to

[GreenMonster333]

Does anyone know what the board has to accomplish in order to receive these share?

[Mil_Man54]

They have accomplished absolutely nothing yet have granted themslves free shares...."the Company announced that on May 16, 2022 it granted PSUs to its directors and officers in the following amounts: Anthony Durkacz - 699,502; Zeeshan Saeed - 799,004; Donal Carroll - 704,801; Nitin Kaushal - 100,000; Fernando Cugliari - 100,000; Larry Latowsky - 100,000; Adnan Bashir - 100,000; and Dr