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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 Fundy13on Dec 03, 2018 12:36pm
166 Views
Post# 29054902

From HUGE IR

From HUGE IRI think someone may have posted a similar response from IR here already, but this confirms what HUGE is saying bou the deal

Hello,
The financials was one of the main requirements outstanding and will help continue the legal process. There are still some internal delays and further reviewing that needs to be done. I can’t comment on a date or time frame to expect an announcement.
 
Regards,
IR"

They were waiting for Q3 financings now they have them, things should be moving forward soon(ish)
Still a nice double in play on TRPX shares and the downside is only about 20% now if the deal falls apart.  Good risk vs reward IMO
Bullboard Posts