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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

Comment by GunnerGon Dec 06, 2021 10:28pm
119 Views
Post# 34204783

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

RE:RE:RE:RE:Another New Job Posting: Paralegal, Corporate & SecuritiesThis is a hilarious post.

They will not take it private, they are going to run it out of money very soon.  Thomvest can use the tax losses against their winners and they get the IP because of the outstanding loans.

How long does it take to review the MAD results?  Another dreamer.  No product, no revenue and soon no listing.

You believe to receive the voucher it has to be commercialzed.  Ridiculous statement, they got it the day the FDA approved the drug and it wasn't commercialized at that point.

Sell and run away.  The time for hoping has passed.


aldo451 wrote:

I hear you StockReddy, I am down big time...no denying. However, I will not sell at .95$ 

Everyone’s situation is different, I will hang on for a while longer…or go down with the ship.

 

I do not believe they will take this private, I could be wrong. And, contrary to what many are saying about letting the price drop and no news, what else can they possibly disclose? And, why would they hold a conference call? To reiterate that they are studying the MAD results once more?

 

My take is that after more in-depth analysis they 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. They brought it across the finish line for the voucher and Kedrion was the only deal they had. I also believe that in order to receive the voucher the product has to be commercialized, hence Kedrion.

 

Finally, I think that it is just taking more time than anticipated to clean house and focus on the small molecules. My hope is that they post strong results with MAD and resume clinical trials for Fez….

 

Just my opinion of course and how I interpret this, some see the glass half-empty and others half-full.

 

Just don’t listen to all the noise on bullboards because it is just that a lot of unfounded craap…not facts.
 

StockReddy wrote:

Aldo, I was not listening to anybody and lost al lot, hard to digest but true. I think playing casino is better then playing with LMNL. Everyone in my friends list made this year a lot of money in stocks and I only lost due to LMNL. 

 





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