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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 Bigmac4000on Sep 12, 2023 1:50pm
176 Views
Post# 35631974

RE:Checking In

RE:Checking InI used to have the number but i forget, how much cashed they have accumulated and burned through since 2018. From the initial IPO to now. Its mind boggling what they have blown through, padding friends of friends through gimmick employement positions just to pay out some cash, bonus shares and let them go and hire more friends. Then all the scams from the plant to the construction to all the silly ideas that they sunk a mill here and a mill therThen you have the WCE scam and the renaming and selling of his own shell company into FSD umbrella, prismic scam with the drug that will never see the light of day, covid phase trials and other scams. Now several lawsuits pending, one they just lost and owe money to, not a total loss because it could have been a lot worse but still a loss. Two lawsuits pending at 53 mil and 34 mill each. Now they pawned off their gimmick stolen alcohol product to Celly-Nu, if it makes money we shareholders get nothing but a 7% royalty i believe. The management were given shares in the newly created Celly-nu but we will see none of that if the company actually gets product to shelf. They should be broke by November in my math and Celly Nu is not to hit shelves until March i think if at all. FSD will go broke and Celly-nu will carry on and we will end up with nothing before xmas. Thats a total guess going by current cash as of last quarterly results and burn rate. Thats my outlook, feel free to correct me,. 
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