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Liminal BioSciences Inc. 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 Bdigginson Dec 31, 2018 7:57pm
166 Views
Post# 29173822

RE:RE:Anybody see a reverse split in the offing?

RE:RE:Anybody see a reverse split in the offing?# 1 they could care less about the shareholders # 2 even if (and thats a BIG if ) Ryplazim is approved they are 12 months out on a very basic timeline from recieving renumeration from sales to the point that their supporting their operations with income , im not talking about profitability Im talking about some degree of break. #3 Add 12 months from today (which obviously isnt aqccurate ) THEY DO NOT HAVE THE CASH to sustain operations given the burn rate .Period! #4 TV is not going to keep pumping cash without security and PLI has given up everything they have already as security #5 The financials are going to demand a raise and with the outstanding TV will require a reverse split and issue to get the volume they will require to deal further . #6 and what i mean by deal further is to sell their debt #7-#10 and beyond , STAY OUT OF THIS STOCK , DO NOT BUY, RUN AWAY , nobody is trying to shake out shares for cheap,the current volume is nothing more than PLI insiders dumping through their holding companies getting whatever they can..... PLI obviously has pumpers working the retail boards, A REVERSE SPLIT IS COMING!!!! Reatail will have 1 final chance to preserve capital the minuites after the reverse is announced after that LOOK OUT BELOW ..... DO NOT LISTEN TO THE SCUM BAG PUMPERS ON THIS BOARD ! THEY WILL LEAD YOU RIGHT TO ZERO AND POOF THEYLL BE GONE !!!! ALONG WITH YOU R MONEY
Bullboard Posts