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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 1:21pm
177 Views
Post# 29588641

RE:Debt to Equity scenarios

RE:Debt to Equity scenarios The trouble with all the "debt to equity" scenarios and arithmetic is that they totally ignore the underlying value and future promise of the underlying assets such as PPPS platform, PG close to BLA anf FDA approval, the 4050 platform of drugs for fibrosis the 3 PV designations etc etc. None of this is reflected in the shallow current "debt to equity" at current pannicked SP. If worst comes to worse they should consider sale of co or declaring BK if ifrce to do so. This would put TV at risk of losing their favored position as some other major BP could put up a higher bid than TV for the assets and the jusge would control - not TV!  The usual BK situation where the shareholders (current investors) are wiped out is true when there are no underlying valuable underying assets worth billions. Here the shareholders would get more in BK than a TV dictated "restructure" for the mere $70 Mil they need until revenues start.
Bullboard Posts