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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 > FSD Pharma updates recent
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Post by DavidRosenberg on Feb 03, 2023 8:56am

FSD Pharma updates recent

3 Drug Pipelines 

Lucid MS for Nuerodegenerative multiple sclerosis has started IND for Phase 1 application to FDA awaiting green light from that so they are able to start trials

FSD PEA ultra micronized form of PEA recruitment has started for phase 2 these are all facts 

Australia subsidiary has been created https://www.businesswire.com/news/home/20230108005077/en/FSD-Pharma-Inc-Incorporates-New-Subsidiary-to-Capitalize-on-Drug-Development-Incentives-in-Australia

https://clinicaltrials.gov/ct2/show/NCT05652907?term=Fsd+pharma&draw=2&rank=1
Comment by Mil_Man54 on Feb 03, 2023 8:57am
And they don't have enough money to complete even one trial!
Comment by DavidRosenberg on Feb 03, 2023 9:07am
  talk is cheap , show proof to me that they don't have enough money to start trials  their financials showed they have money to start all 3 trials  they also sold the cannabis facility for gains so your comments are misleading milman not mine    https://www.businesswire.com/news/home/20220510005660/en/FSD-Pharma-Closes-CAD16.4-Million-Sale-of-Non-Core ...more  
Comment by Mil_Man54 on Feb 03, 2023 10:57am
Talk is cheap Rosenberg...but the financials speak for themselves.....take a look at the last financial statement dated Nov 11, 2022..... 9 months ending 30 Sep 22 Salaries, benefits, bonuses and consulting fees                   1,390,070 Share-based payments and bonuses      & ...more  
Comment by DavidRosenberg on Feb 03, 2023 11:33am
  nobody works for free  as long as milestones are reached and positive reflection on stock price and shareholder value is grown then I don't care as long as it's reasonable amounts  if it's $10,000,000 self serving package then it would be a red flag those rates and crazy  if it's within range of average corporate expenditure then I'm ok with ...more  
Comment by Mil_Man54 on Feb 03, 2023 12:31pm
You seemed to have changed the subject Rosenberg.....I said they did not have enough funds to complete even one trial and you wanted proof....which I provided.....now you're on about how their salaries are justified....which is BS BTW.....so how about you get back on topic and tell us how they're going to complete the trials after they run out of cash.....
Comment by JAKPUG4LIFE on Feb 03, 2023 12:38pm
What utter nonesense. What milestones have been reached since 2017? Not a single one. yet free bonuses shares and options? Shareholder value has been sitting at .05  post record breaking 201/1 split for almost 2yrs. The misinformation you present is unbeleivable and is why many investors have lost their shirts. We already know you were given shares with WCE. If ever someone finds out in ...more  
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