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Quantum BioPharma Ltd C.QNTM

Alternate Symbol(s):  QNTM

Quantum BioPharma Ltd. is a Canada-based biopharmaceutical company. The Company is engaged in building a portfolio of assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (Lucid), it is focused on the research and development of its lead compound, Lucid-MS, which is a patented new chemical entity to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis. Its unbuzzd beverage is a proprietary formulation of vitamins and minerals to help with liver and brain function for the purposes of relieving the effects of alcohol consumption and restoring a normal lifestyle. It maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represents loans secured by residential or commercial property.


CSE:QNTM - Post by User

Bullboard Posts
Comment by BuddyGuyManon Jun 09, 2018 11:22pm
145 Views
Post# 28150969

RE:RE:RE:reverse split

RE:RE:RE:reverse split Can you explain why this actually matters? What’s the difference between 1.3billion shares at $0.12 vs 130 million shares at $1.20?  The only thing I can think of is that the share price can move in finer increments at $1.20 va $0.12.  But if I want to invest $4,800 in the company I’d buy 40,000 shares at $0.12 or 4,000 at $1.20. Same $4,800 investment, same ownership percentage of the company, just a different number of shares.  Big deal. It’s a moot point. 

ColbyCo7 wrote: Current Outstanding Shares 1,319,600,458

10:1 = 131,900,000 shares
5:1 = 263,920,000

Either option would be better than having over 1 billion shares this early in the game


Bullboard Posts