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Liminal BioSciences Inc. PFSCF


Primary Symbol: 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 stockman6767on Apr 05, 2019 12:54pm
200 Views
Post# 29588438

RE:RE:RE:RE:RE:RE:RE:RE:RE:why im not worried

RE:RE:RE:RE:RE:RE:RE:RE:RE:why im not worried14PT, what you write makes a lot of sense. While we are in a liquidity crunch now, the overall assets and promise is all still there and fully intact. If TV plays hardball and essentially wants control for the loasy %70 Mil now needed, then management should threaten putting the entire co on the block rather than make investor value disappear in favor of TV. Large biopharma would line up to  put down $1 BIL or much more for the whole kit and kaboodle and payoff the $120 MIL to TV and their lien on the patants. They paid $8 BIL just for one such fibrotic drug plus the PG nearly ready to go for BLA and approval plus of course the entire PPPS platform. They would salivate for suc an opportunity. So if any deal with TV makes our investment go to zero it would be criminal not to put the co out for sale and raise much of what it is truly worth and not this highly manipulated price now of 18 cents per s hare due to the current liquidity crunch, TV's apparent refusal to further work with PLI, depending on the debt overhang and their lien on the patents to foce PLI to hand over the investor value to  TV.  Management is not doing antthing to prevent the current collapse with stqtements of possible alternatives such as outright sale (extreme but better than what the FUD is currently pushing). Even in Bankruptcy the BP would be bidding for the platform PPPS and the 4050 platform and the patents (they would payoff TV's loan) and more would be left for the current investors. Things look ridiculous now because of the low artificial value ascribed to the entire co due to the current share price which does not recognize any of the huge future value of the assets, but only the current lack of the $70 Mil they need to get across the bridge to the promised land.
Bullboard Posts