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Liminal BioSciences Inc. LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Comment by aldo451on Dec 08, 2021 5:00pm
142 Views
Post# 34212199

RE:RE:RE:RE:RE:Another New Job Posting: Paralegal, Corporate & Securities

RE:RE:RE:RE:RE:Another New Job Posting: Paralegal, Corporate & Securities

I don't know but I’m guesstimating first negotiations with Consonance began in Q1 2019 and  their exit, Q3, 2020, so not such a shot time, 18 - 24 months. More than enough time to reconsider marketing Ryplazim.

 

II also don’t believe that Consonance sold at a loss. There were two spikes with high volume in 2020, July 1st ($31) and July 30 ($25). This could have been their exit(s) point(s) with a decent profit as both days were manipulated without a doubt.

 

Lastly, this is just my opinion and how I see it. Just trying to make sense of it all. And no, I don’t believe this is all part of a master-plan to screw over the retail investors and take the remaining 15% or so that we own. Draw your own conclusions.
 

hankman wrote: You posted: "hey figured that the return on Ryplazim was not worth the extra 10’s of millions (??) to bring it to market. This could also explain why Consonance jumped ship."

So what happened in the short time from when they convinced Consonance to invest in the recapitalization until the short while later when Consonance sold out at a loss? Did that much change over that short time? They were in full control and in the drivers seat. SO WHAT WENT WRONG??


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