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Filament Health Corp N.FH

Alternate Symbol(s):  FLHLF

Filament Health Corp. is a Canada-based clinical-stage natural psychedelic drug development company. The Company’s platform of intellectual property enables the discovery, development, and delivery of natural psychedelic medicines. The Company’s first three botanical drug candidates are standardized, purified extracts of Psilocybe cubensis fruiting bodies include: PEX010 Psilocybin - oral delivery (1mg and 25mg), PEX020 Psilocin - oral delivery (dose withheld), and PEX030 Psilocin - sublingual delivery (dose withheld). The Company's preclinical stage drug candidates include AEX010 Ayahuasca - oral delivery (dose withheld), and AEX020 Monoamine Oxidase Inhibitor - oral delivery (dose withheld). The Company’s internal drug discovery and development program is carried out by its wholly owned subsidiary, Psilo Scientific Ltd., and is focused on developing standardized pharmaceutical-grade drug candidates from botanical psychedelic biomass.


NEO:FH - Post by User

Post by fossil8on Jan 02, 2024 6:48pm
268 Views
Post# 35807898

Deal

DealI am one happy camper that this deal did not go through.  It was bad from the get go. What has not been reported is what the cost was to walk away and WHY was it terminated. Filament is bleeding cash at an alarming rate and only being replenished by issuing more and more stock. This company needs an impartial review of cash flow,s now and into the future. Along with it a review of all it,s operating costs including executive compensation. There is alway,s lot,s and smoke and mirrors about various studies being conducted in differant universities etc none of which put cash in the bank. As a significant shareholder i have become very worried about how long this corporate direction can go on.
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