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Bullboard - Stock Discussion Forum Therapix Biosciences Ltd ADR TRPXY

Therapix Biosciences Ltd is a specialty clinical-stage pharmaceutical company. It is engaged in developing several innovative immunotherapy products and it owns patents in the immunotherapy field. It is focused on creating and enhancing a portfolio of technologies and assets based on cannabinoid pharmaceuticals. The operating segments of the group are Development of drugs based on cannabinoid... see more

OTCPK:TRPXY - Post Discussion

Therapix Biosciences Ltd ADR > Looks Good on Therapix To Have Their Stock Down
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Post by NLMoose on Dec 21, 2018 12:42pm

Looks Good on Therapix To Have Their Stock Down

After Therapix turned their back on FSD Pharma in signing a Letter of Intent to have the Canadian based aspiring medicinal marijuana giant take them over, and then like to FSD Pharma and terminated the agreement, looks good on Therapix to have their stock dip to new record lows.

Investors and the markets don't like companies whom don't honour their agreements.

I hope that Therapix are happy after they lied to FSD Pharma, they ruined Christmas.
Comment by Fundy13 on Dec 21, 2018 12:57pm
From the Press release FSD proposed to modify material terms of the Transaction established by the LOI. The board of directors of the Company does not believe it will come to agreement on revised terms. Therefore, the Board has determined that it is in the best interests of the Company to terminate the LOI.  You got his backwards, FSD refused to honor the terms of the original agreement ...more  
Comment by edmed on Dec 22, 2018 12:01am
Boy I sure hope these guys know what they are doing and it was not a decision based on emotional ego. did not sell when news announced will hold on and see what happens edmed
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