Quantum BioPharma Ltd C.QNTM

Alternate Symbol(s): QNTM

Healthcare

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

Quantum BioPharma Ltd

Bullboard Posts

Comment by bullishunderdogon Jul 12, 2018 2:31pm

104 Views

Post# 28307801

RE:Anyone look at HUGE's balance sheet?

makesomecash123 wrote:

HUGO AND CHUCK ARE THIEVES AND THEY SUCCUSSFULLY ROBBED INVESTORS BLIND....Huge is going to use the same business model!It's very obvious that everyone in here that is still long...probably bought closer to 20. This stock will continue dropping like a stone.

Everyone wants to get their cash out of this company so that they can invest in a real company like HEXO or APH....They keep their money here only because their ego's are too big to admit they were wrong and cut their losses. I use to be in the same boat. Now I know to pick winners and cut loser early. 10 cents is going to be here before you know it. Look around at market caps. At only 10 cents this company still has a market cap of over 130 MILLION dollars. They have not proven anything yet and look at their balance sheet...it's terrible.

TOTAL ASSETS

15,332,000

TOTAL LIABILITIES

2,194,000

SHAREHOLDER EQUITY IS ONLY 13,138,000

Now try justifying the 230 MILLION dollar market cap

They don't have any product and wont until late 2019. How are they going to earn an income to float expenses and ensure shareholders?