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Liminal BioSciences Inc. PFSCF


Primary Symbol: 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

Bullboard Posts
Comment by francois21on Apr 02, 2015 7:44am
291 Views
Post# 23590463

RE:PLI is not ready for Nasdaq

RE:PLI is not ready for NasdaqPLI shouldn't do a reverse split only to qualify to NASDAQ. They should qualify to NASDAQ by it natural growth in the share price. Before even considering a reverse split, PLI will have to deliver. Any consolidation have to be preceed by significant events. With a good momentum and deliveries on all the front, once we are in NASDAQ, I might agreed to bring the share price to that +- $ 15 share price. Otherwise, if you only do the consolidation to qualify to NASDAQ, then disaster will be on the way.... But for the consolidation keep in mind there'a a big "IF". The BOD want flexibility, but it doean't mean they will do it. I trust them and if they ever do it, the timing and circumstances will be in our favor. I don't think they will do it if theses conditions are not met.
Bullboard Posts