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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 Walter333on Jan 20, 2022 6:12pm
118 Views
Post# 34339976

Another gem from 24Kgold (Rosenburg)

Another gem from 24Kgold (Rosenburg)This was Mr Rosenburg's response to the share buyback currently underway. "Outstanding shares reduced again it will keep accumulating until 5% of the float is reduced so roughly 2,000,000 shares from 40.5m shares this is good for all shareholders , hope they can start new indication for PEA and as well as lucid MS and Lucid Psych" A share buy back during a time poor performance and or poor revenues is NOT a good idea. Would you care to expand on why you believe that this is a good idea, and how exactly it is to the benefit of shareholders? I'm genuinely curious, is this what you've been told? Did you arrive at this conclusion on your own? Thanks in advance for your response.
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