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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

Post by DavidRosenbergon Sep 30, 2021 2:12am
171 Views
Post# 33942146

What are your thoughts on the float of shares

What are your thoughts on the float of shares

Do you guys think 40.5m shares outstanding is a lot ? 


After they did a reverse split a while back I think that move was strategic to go onto Nasdaq 

however ever since raza bokhari was ceo since this inception in 2019 the float went from 7.89m shares outstanding to 36m shares outstanding 

that's like 28 million extra shares , Anthony became CEO just recently even if he was on the board , he does not have control as a CEO would have so I think by the time he saw what raza was doing it was to late ?

the lucid deal followed through because dr kotras company was given 4.5m shares outstanding of FSD Pharma's float now we have 40.5 m shares out 

to put into perspective if fsd was 1 billion marketcap stock price would be around $20 USD ?

let's pray to god lucid and pea is worth atleast triple that one day 

I couldn't sleep last night so those are my thoughts for now 

Cheers 

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