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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
Post by CRaideron Sep 23, 2018 1:53pm
243 Views
Post# 28673383

300 million plus stock held by Auxly...possible drop soon???

300 million plus stock held by Auxly...possible drop soon???So in Huge's financial statemements Auxly gave them 33 million dollar to purchase stock at 9 cents back in May which can be exercisable soon. Isn't anyone afraid the 7.5 million dollar they bought at $1 stock was just to keep the price proped up while basically sell their position for at least 300 million so they can have cash?

Is this worrying anyone? Won't this tank the share price?

Thoughts anyone? Please?
Bullboard Posts