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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

Post by stockbuphoonon Jul 22, 2021 11:40am
27 Views
Post# 33587810

$70M USD cash influx has been known since June 4th...

$70M USD cash influx has been known since June 4th... and may take until end iof 2021 to get it in the door. It will have no impact on share price when it finally does come in as market is forward looking and it's baked into price. They need a bridge loan in next few weeks if voucher does not get sold. They had about $22M at beginning of July 2021 from asset sales of plasma division and collection centres.

THE BIGGEST ISSUES IS THAT THEY HAVE NOTHING TO WORK ON EXCEPT PRECLINICAL MOLECULES BOUGHT FROM FAIRHAVEN LAST YEAR FOR $3.8M. This preclinical work will not advance share price in the next year. Unless they move Fez/4050 ahead, this company is worth $4M and should be a venture capital company at best.  

DO NOT GET SUCKED IN BY STUPID PUMPING OF REALSTOCKY NEWCAMO TOMMYJONES AS HE IS DESPERATE TO SELL HIS SHARES AND GET OUT. 

He is even pumping production jobs at a plant that Liminal sold last week. Incredible the stupidity of this guy. Yes, pumper, they can make tons of $$$$ on contract manufacturing at your old plant on your old product. D'OH 
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