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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 Fundy13on Feb 08, 2019 7:39am
77 Views
Post# 29336528

RE:RE:Contract breach- are there any implications ?

RE:RE:Contract breach- are there any implications ?Of course there will be financial implications of this.  You can't sign a difinitive agreement with a company taqke $7.5million dollars from them and then not follow through with your committment.

In XLY PR they stated "The Company reserves all of its rights under the Agreement."
That sounds to me like they are planning to try to hold FSD to the 49% share of product.
I do not see that actually happening, but clearly XLY will be intitled to get thier money back and some damages of some sort.
Bullboard Posts