RE:NYSE Listing?Just to add to Graham B. ( arguably one of the most unbiased ,honest and incite-full posters on this message board unlike the two pumpers we have here " Folks " ) post , It is my belief that this stock has been manipulated down to this price and will go down more as we get closer to the NYSE listing.
My reasoning is that FSD Pharma will want it to take more of our shares (and our hard earned money ) to achieve the $ 4 minimum share price of the NYSE requirement ( lets not forget the fact that this exchange is in American dollars ... so factor in the exchange rate to get to $ 4 American )
So once they list on the NYSE , they will have an extremely low amount of outstanding shares ( compared to our 1.3-1.8 billion outstanding now ) ... this will enable them to re-finance at $4 per share ( dilute the outstanding share count ) in order to finance their drug trials and buildout , as Graham B. has already stated with his post.
I'm just suggesting that it's our very own BOD's that are behind the scenes to help to manipulate the share price downward before the NYSE announcement ... you must admit that if they wanted the share price up , they would release the number of crop harvests to date and the expected revenues from the harvests ; following the sales license news release ... just my opinion.
Yes something is rotten in Denmark " Folks " ( just had to reference our carneval con-artist pumper lol)