History tell us the "same group" of full-time bullboarders..PULLED the identical move when the stock traded significantly in the mid 50's in 2019. I could smell the unethical and pumpy nature of the posting and exactly as I had predicted a "rasie" was announced. It was at 30 cents with 35 cents warrants. The warrants had been in the money only days earlier. A sort time after this "$hocking Raise" taking EVERYONE buy complete surprise ( except of coarse your truly ), management anoounced 25 cent options to the tune of 12.7 MILLION of them.
My OWN OPINION is that cash is loe and people that bought this last year in the, call it 17 to 22 cent cad range have nicely double their dough in the event they've sold while the bullboard was fueling the prjections on the mid 40 hype. At that time ALL funding was said to come from warrants and "what-have-you", that option has disappeared for now given the share price.
Good luck to all..you don't coast into Besthesda on FUME$ looking for an FDA nod...just not how it works...do sum reading and understand the entire FDA process and the "costs" associated with said approval.
Keep positive folks..but don't make it look too abvious..jus say'n
ALL comments are in my opinion as a long time retail shareholder in the Canadien bio-tech space. Seek professional guuidance where matters of $110 or more are at risk.