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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 Bigmac4000on Jan 31, 2020 2:10pm
61 Views
Post# 30626706

RE:RE:RE:FSD 2 weeks later

RE:RE:RE:FSD 2 weeks laterPersonally I don't think they have the money to start trials. I think they are trying to drag their business on in hopes of financial backers. Then start trials. If you look at their burn rates without trials just imagine how fast 7 million would be burned. Which is already way below 7 million. That was September. They are paying millions in salary. They have that giant empty warehouse to pay for and taxes on that. The Nasdaq bell ringing fiasco wasn't cheap. I really think they had their hopes on cannara getting the licence and covering them on expenses. I'm watching canntab also. I see them leaving shortly. They moved into FSD with promises of in house - indoor grown weed an endless supply for oils. Now it's bought hemp from outdoor farms or other people weed at a premium. They might as well get their own building keep their profits move WCE in and cut out the middle man. Which is just another blow to the FSD page of dreams. Like all their partnerships Leo and the boys used to pump. It's been almost 2 years and haven't seen a nickel. Cannara is our only hope. Can't do trials if broke. Can't make money with 9000sq of space can't buildout anymore we spend the buildout money. There is very little time left. Sadly.
Bullboard Posts