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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 Jun 28, 2015 12:38pm
240 Views
Post# 23875168

RE:RE:RE:The response to my earlier question from Fred.

RE:RE:RE:The response to my earlier question from Fred.Wyndewest, you're right. It's all about money. And this what we have in the bank account, $ 50M..... And as it was well explained by "l'autre François", PLI made a turn around and the big players don't care a lot about the revenues for the moment. They care more about the balance sheet and seeing PLI having the cash to advance the pipeline. We also have different opinion about bad news.... The last financing is far away for me to be a bad news. A bad news would had been more ro gice 50% of some assets to raise the money. a 3% dilution that will help to keep 100% of assets is not a bad news. And before calling a reverse split a bad news, we must wait to see it happening. I'm sure it won't be done only to qualify to some market conditions, and it shouldn't be done without proper news Stream to support it. If the RS is done in a bad time, I will be the first to get out and wait to back at a lower price!
Bullboard Posts