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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
Post by Bigmac4000on May 16, 2020 12:41pm
56 Views
Post# 31037958

I'm a little surprised

I'm a little surprised I'm surprised FSD did a proactive advertisement bragging about 8.4 million in the bank. You'd think they would just be quiet. It's not a good thing. It means the only money they have in total was completely from the fire sale. $680,000 7.7 million. If they hadn't pulled those two deals off they would be screwed. I suppose it's good they are finally mentioning the 100 mill scam that's about to take place. It's not like them to warn or talk about bad financial practises in the past. By them paying staff for 2020 in advance I wonder if that will make the quarterly financials appear better since they won't paying anyone. I guess now that all the surprises are out of the bag this board will get pretty boring for a while. Till the 100 mil dilution. We know they gave up on WCE and Canntab we just don't know why. We know we have to wait for phase 2A to start so no point worrying about that. Now it's just watching the 8.40 (as of March 31 2020) be spent. Wonder now that May is half over how much is actually left.
Bullboard Posts