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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 Bigmac4000on Jan 13, 2023 9:02am
127 Views
Post# 35220647

Share repurchase

Share repurchaseI called that one. It was one of the only options to get us above a $1 since we have absolutely nothing worth value that would cause the stock to go up the natural way.  38 million shares. What would our value be today if we still had the 7.7 million shares from the RS? Now they will manipulate the stock for 10 days to restart the Nasdaq clock.  What a sad way to exist. David talks about 3 year plans , dude it's been sinking since 2019 and back then you talked about a three year plan lol . Those three years expired and we are below a dollar with absolutely nothing accomplished. We own the rights to things with zero value.  The patent on the great flop FSD-201 i believe expires in 7 years. By your math it will be successful around 2026 and be useless 2030. Who would invest in an expiring patent?  Don't get me wrong, this buy back is the better of the two evils. I'd rather see share repurchase than RS obviously. But it's a 2 million dollar option with a company that diluted the shares to pay the bills. How long can they survive this way. It's like paying visa with your Mastercard. Zero income since 2018 , diluted shares to pay employees and now taking from that fund to get shares above a $1.  
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