RE:Taking PMN PrivateDavidKingCanada wrote: As of today the Market Cap is less than 70 Million CAD.
If they wanted to take it Private they could Sell the Company now or are they waiting to completely dilute the Shares and then Buy Back all Shares at a massive Discount.
Once again the SP is decreasing, don't be surprised if we see below 10 cents yet again. This is an excellent entry point as the SP will come near 20 cents before any Consolidation.
IMO mgmt has a pretty good thing going as a public company. Can't see them going private. Can't see them raising funds as easily as a private company, without having so much as a phase I clinical trial under their belt:
https://clinicaltrials.gov/ct2/search/advanced?cond=&term=&cntry=&state=&city=&dist=
Let me know if I missed their phase I
Looking at the CVs of their mgmt/directors, they have around 300 years of combined experience. I'm a bit puzzled as to why they haven't been able to get the ball over the line - e.g. some clinical trials. Is the concept too complex to execute on?
Kind of curious to see what the consolidation ratio is.... "
consolidate the common shares of the company within a range from a ratio of one postconsolidation common share for 30 preconsolidation common shares to up to a ratio of one postconsolidated common share for 60 preconsolidation common shares." Still waiting for a buying opportunity, where the stock is cheap enough to offset the risk. I can't wait another 300 years worth of experience however. Just kiddin ;-), but you get the idea. GLTA.