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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 wyndeweston May 02, 2019 11:06am
134 Views
Post# 29700712

RE:We have to keep up pressure at the AMF

RE:We have to keep up pressure at the AMFInvestmentbank, your post was really interesting and gets the point across to contact AMF.
On a separate note, I wonder why TV set up their restructure to FORCE the retail investor to raise $ in order to have any MEANINGFUL participation.  Yes, new $ is best scenario for the retail investor (maybe) but most like me, had to sell some PLI shares to raise that $.  It's appealing because the current share price is REMAINING STEADY?? at .05 to .06 cents with the rights offer at .0152 (approx.).  BUT it's becoming clearer every day that we will probably NOT GET 20 shares  for 1.  It's probably best to think 7 for 1.  Could TV anticipated  that most retail investors will have to sell some of  their shares??  Are we doing want they want?? I'm now starting to think that IF something goes wrong for TV before the rights offering  is executed such as AMF intervention, I have already sold half my shares.... Why would CCAbbott post daily, many, many times on this topic.  CCAbott was never around 3 months ago and has admitted he/she doesn't own any PLI shares. We don't know the cutoff date for TV for shares held?  I just know at this point and time I have a lot less shares than I did 2 weeks ago...If CC Abott hadn't surfaced I probably would  have hung on to ALL my shares and hope for the best. Maybe Abbott is a white knight but ....??
Bullboard Posts