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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 Baymanon Apr 22, 2018 8:18pm
292 Views
Post# 27924121

RE:RE:All longs

RE:RE:All longs I think you are missing one possible scenario - think about it for a minute before you go off your head with some crazy statements about FUD and Shorter, etc. It is neither, it is just a possible scenario about what is going on here.

Just maybe, TVest is not on our side at all, but are just looking to get us more over a barrel, so they can give it to us good, without lube. How do you think they got to be multi billionaires, by playing nice?

The last $80mil loanshark deal was the kicker for me. An Interest rate a lot higher than I would have been given, and I would not get any warrants. The principal has to be paid by Nov 2019, yet the 54 million warrants that go with it, have an expiration date of 2026 @ $1.70 And the other kicker is that if PLI can’t pay the loan in full in about 19 months from now, TVest owns us, lock, stock, and barrel!

Now how do you propose we pay off that loan in that amount of time? And let’s face it, it is already $40 mil US, and will be double that very soon.

If you think we will have that much income by that time, I think you are dreaming. Voucher? Doubtful. Upfront cash of hundreds of millions in some deal? Doubtful. 

So how do you write the scenario for what happens before Nov 2019? A 2nd mortgage from them or someone else on better terms, to pay off the 1st mortgage? 

Sorry, but I am having trouble writing a script for a Happy Ending to that Loanshark Deal.

Please take the time to explain it to all of us.

Highview33 wrote:
ricroc wrote: All longs that have bashed, and all the low life’s..... in 60 days or less you will be regretting your harmful words... I am as disappointed as everyone.. so even i will be eating some crow.... Diggins will climb back in his sewer hole... mark my words and the day of this post..... the real deal is there.... Thomvest is there for good and bad... PLI is getting hammered with offers.... IMHO. ricroc



Hi ricroc, 

I won't try to guess the days, but Thomvest bought millions of shares at much higher prices.

They have not sold and you"re right on when you say " Thomvest is there for good and bad "

Thanks

GLTUA


Bullboard Posts