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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
Post by Pistol44on Apr 17, 2016 11:42pm
229 Views
Post# 24777605

Reverse Split.

Reverse Split.I am also not a fan of the reverse split option, which would seem inevitable at this point. But, over this past year, ever since the reverse split was announced as a possiblity, have we not seen a regular stream of insiders buying various, and at times, somewhat large numbers of shares. If it gets announced that the reverse split occurs, these persons wil also get their numbers reduced as well. I would find it hard to believe these insiders would just sit back and let PL screw them over, as well as us, for the sake of what. If this was going to be a bad move by management, and would likely cost us, the shareholders, money, I would think that these insiders would quickly start to sell off their shares, leading up to the split. And with our keen board members watching the insider transactions, would that not cause the rest of us to take note, and possibly act accordingly. As much as I hate to trust most anyone, especially with my money, trusting PL may be our only option. Just my thoughts, and IMHO. GLTA.
Bullboard Posts