GAME OF RICHSTOCKY-CAMO-TOMMY-CAPITAN
You look like the pom-pom girls after the first quarter. The problem is that you don't read. It's clearly written that Liminal has suscribe to some warenty in the sale contract. The plan should be operational and the Ryplazim at a quality level expected by Kedrion.
For the first time Liminal disclose a disclamer about side effects we never heard about.
These new facts hidden for long are important. I think the Market will have some othert surprise in the Q2 MD&A schedule next Monday.
Don't forget the story behind.
WEEKEND THOUGH
I asked you to think about real fact last Saturday morning. I didn' deny that Liminal had to receive money from the voucher, but I also said that the check wasn't in the mail.
With comparaison with others company like Knight I concluded that the Market will evaluate Luminal for the cash minus debt plus going concern including IP and revenu. For me $82 millions valuation was more than correct.
Sorry for ALDO. I know he was a thrue investor. I know he ownes shares from long time but the management and the science are not there anymore.
Without any share Sticky-Camo-Tommy-Capitan continue to load the board.
He posted more then 50 times about techniciens hiring like it was a great new. In fact Liminal has by contrac the obligation to maintain Laval plant in operational situation. The only conclusion is far from new business and revenu. Previous technicians had just resigned. Dot! It's pure misleading
He posted more then 100 times that the stock will surge in short terme by 3X to reach $10. It's no more a comment, it' s close to a promise. The way it was published is pure MISLEADING and subject to civil responsability
I suggested to him to do some research. I found a good example. KNIGHT THERAPEUTIC.
This company has $ 600 millions in cash equivalent. It has a burn rate of $1 million a month and has rights on new compounds redy to comercialisation. Nevertheless the market cap is $600 millions !
How could you pretend the $70 millions voucher income will change Liminal into rocket?
More over the rocket is at 10 sec from being launched.
Selling a voucher is more than just signing a check.
At $ 2,80 ($82 millions market cap) $40 millions debt, $4 millions a month burn rate, the market highly coonsiders the voucher value.
This morning it was like Virgein Galactic. A two minutes free of gravity but far from the moon. GAME OF THE RICH