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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

Comment by JAKPUG4LIFEon Feb 03, 2023 12:38pm
70 Views
Post# 35265185

RE:RE:RE:RE:RE:FSD Pharma updates recent

RE:RE:RE:RE:RE:FSD Pharma updates recent
DavidRosenberg wrote:

Mil_Man54 wrote: Talk is cheap Rosenberg...but the financials speak for themselves.....take a look at the last financial statement dated Nov 11, 2022.....

9 months ending 30 Sep 22
Salaries, benefits, bonuses and consulting fees                   1,390,070
Share-based payments and bonuses                                      828,664
                                                                                              2,218,734

Total operating expenses                                                     20,769,836

How much cash on hand Rosenberg....$40M or so.....no cash coming in....unsustainable expenses.....so you tell us how they'll have enough funds to finish a trial that will take years if not a decade?





DavidRosenberg wrote:

Mil_Man54 wrote: And they don't have enough money to complete even one trial!

 


talk is cheap , show proof to me that they don't have enough money to start trials 

their financials showed they have money to start all 3 trials 

they also sold the cannabis facility for gains so your comments are misleading milman not mine 
 

https://www.businesswire.com/news/home/20220510005660/en/FSD-Pharma-Closes-CAD16.4-Million-Sale-of-Non-Core-Assets


 




 


nobody works for free 

as long as milestones are reached and positive reflection on stock price and shareholder value is grown then I don't care as long as it's reasonable amounts 

if it's $10,000,000 self serving package then it would be a red flag those rates and crazy 

if it's within range of average corporate expenditure then I'm ok with it as long as they do what they say 

and they have reached those milestones 

options are restricted , so it Is what it is and another green day 

let's hope good results from clinical trials showing efficacy 



What utter nonesense. What milestones have been reached since 2017? Not a single one. yet free bonuses shares and options?

Shareholder value has been sitting at .05  post record breaking 201/1 split for almost 2yrs.

The misinformation you present is unbeleivable and is why many investors have lost their shirts.

We already know you were given shares with WCE. If ever someone finds out in some way if FSD is compensating you, as we all know  your close ties with mngt, I hope the consequences are swift. Do your DD IMHO
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