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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

Comment by Chuckie18on Apr 04, 2021 6:45am
34 Views
Post# 32934748

RE:RE:RE:JUSTFACTS!

RE:RE:RE:JUSTFACTS!
This diluent share issue occurs at a time when the stock price of the class B share is low and short-term expense is absolutely unavoidable for financing. In order to make the most of the issuing of Class B shares by the Company, Dr. Bokhari and the Board of Directors (other than Mr. Durkagz and Mr. Saeed) do little to control the capital raise process of the Company.
In his own words, he said, "Capital increases must be a constant practice" and "a prudent director can't determine what is or isn't a good share price."
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