Liminal BioSciences Inc. LMNL

Healthcare Biotechnology

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.

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Liminal BioSciences Inc. > TOMMY THE DUMMY

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Comment by aldo451on Aug 13, 2021 12:11am

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Post# 33699231

RE:RE:RE:RE:TOMMY THE DUMMY

Should read:

I don't like where I am at with this debacle and I don't understand the latest transactions (Ryplazim) but my thought is that it was the best they could get as they were cash-strapped and the cost of commercializing was too great, not to mention uncertainties with BLA approval and monetizing the PVR. I also believe that one of the conditions negotiated by Kedrion with the purchase of the collection centres was to be given first option on Ryplazim.

The facts are: they now have plenty of cash, $100M+ USD!

aldo451 wrote: You are so full of C R A P it is pathetic. You put out garbage and when you are called out it's the same old reply.

Do you even know how lease liabilities are accounted for? Do you think they own $30M in lease back payments. I'm no accountant but from what I read it is an accounting practice, which I believe is used as an expense based on lease-payment, term etc, etc.

I don't like where I am at with this debacle and I don't understand the latest transactions (Ryplazim) but my thought is that it was the best they could get as they were cash-strapped and the cost of commercializing was too great based on uncertainties with BLA approval and monetizing the PVR. I also believe that one of the conditions negotiated by Kedrion with the purchase of the collection centres was to be given first option on Ryplazim.

There is too much BS on this board and way too many assumptions on the faith of the Company. And sadly, even from longtime contributors for whom I valued their opinion

The facts are: they now have plenty of cash $100M+ CAD! $40M debt payable in 2024. The Fez programs are stopped not cancelled and who knows, once analysis of PK results are concluded some existing indications may be reinstated along with new ones.

Other possibility is that the Company is for sale or has already been acquired! That would be OK for me! Could explain why Management is not supporting the SP. Interesting article here, which pretty much describes to a tee what we are witnessing here.

https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired

Anyway, stop spewing your unfounded BS. BTW, what is your agenda? To help innocent investors by lying to them?

4Justice wrote: OK ALDO put me on IGNORE continue to beleive in this brilliant management and close your eyes on the $40 millions debt and $30 millions in lease obligation.

Back up the truck and loade it. I don't want to argue with you. You are just a frustrated investor who doesn't want to listen other opinion but has nothing to put on the plate.

You did wrong ... but it's your money! Hang on buddy!

I don't give a Sh...t of what you think about me. You are too smart.

Please, do some reading and give us some clever arguments.