Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Quantum BioPharma Ltd C.QNTM

Alternate Symbol(s):  QNTM

FSD Pharma Inc. is a Canada-based biotechnology company. The Company operates through two segments: Biotechnology and Strategic Investments. Its Biotechnology segment is focused on furthering the research and development of the Company’s two primary drug candidates consisting of Lucid-MS and Lucid-PSYCH, as well as the development of UNBUZZD. The Company’s Strategic Investments segment is focused on generating returns and cashflow through the issuance of loans secured by residential or commercial real estate property. Lucid-PSYCH is a molecular compound identified for the potential treatment of mental health disorders. Lucid-MS is a molecular compound identified for the potential treatment of neurodegenerative disorders. UNBUZZD is a proprietary formulation of natural ingredients, vitamins, and minerals to help with liver and brain function for the purposes of potentially quickly relieving from the effects of alcohol consumption, such as inebriation, and restoring normal lifestyle.


CSE:QNTM - Post by User

Post by GrahamBon Aug 04, 2024 3:46am
239 Views
Post# 36163708

99.9% Decline

99.9% Decline According to my math-this peaked at about 178 bucks and with all the reverse splits, plunged to all time lows with an 18% drop to 11 cents.

Why?
Let FSD tell you- according to the annual finacials :

"As at December 31, 2023, the Company has an accumulated deficit of $157.9 million, a net loss of $18.2 million and a working capital surplus of $6.5 million. Whether, and when, the Company can attain profitability and positive cash flows from operations is subject to material uncertainty"
sorce sedar.com

A colossal failure to execute-from the stated goal of being "HUGE" or one of  worlds largest cannabis producer ,producing weed from algae,  to PEA, to ....why bother

what a joke
called it, stated it, avoided it
Lots of pumpers that tried to spin a narrative
But facts matter, financials tell a story-and no saying they are the past and look to the future doesn't work when the narrative is clearly a more hype than beef
all IMO
FWIW
For education only

<< Previous
Bullboard Posts
Next >>