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Bullboard - Stock Discussion Forum Pharmadrug Inc C.PHRX

Alternate Symbol(s):  LMLLF

PharmaDrug Inc. is a Canada-based specialty pharmaceutical company. The Company is focused on the research, development and commercialization of controlled-substances and natural medicines, such as psychedelics and previously approved drugs. The Company’s subsidiary, Sairiyo Therapeutics (Sairiyo), is a biotech company that specializes in researching and reformulating established natural... see more

CSE:PHRX - Post Discussion

Pharmadrug Inc > Whats Expected .
View:
Post by Fishercat1 on Jan 11, 2021 4:56pm

Whats Expected .

News on the Super Store , aqusition of 3 more stores , and news of the online sales  platform . Anything else is a surprise . Cheers .
Comment by Lowfloatmining1 on Jan 11, 2021 5:09pm
All those are positives but only when the company is actually turning a profit... which is not the case now. I'm not trying to be negative I'm genuinely trying to understand what good this halt will bring.  Its one thing to expand when your business is healthy but expanding without sales is beyond dangerous to a current shareholder.  It's easy to expand with someone else ...more  
Comment by Fishercat1 on Jan 11, 2021 5:22pm
Takes money to make money and expension creates more sales as more stores and more revs and anybody can see thats a good thing. 1 STORE, 4 STORES, 10 STORES ?? . Right Flagship store  so more revs and exposure , On line sales so more revs and exposure online . Yah , works for me . 
Comment by Lowfloatmining1 on Jan 11, 2021 5:33pm
I agree with you those are positives  when the store are actually turning a profit. Unfortunately all those scenarios you mentioned are at the expense of current shareholders.  What I mean is the company has to issue shares which more often then not end up diluting anyone holding now.   This is the problem a lot of cannabis companies had and shareholders were diluted so much ...more  
Comment by RickA11 on Jan 11, 2021 5:47pm
Hopefully the halt doesn't last long (I've been in some that have gone on for months) and we can all make decisions at that time.
Comment by Lowfloatmining1 on Jan 11, 2021 5:51pm
If the company doesn't issue a NR tomorrow pre market I'd be worried if I was a shareholder. 
Comment by FreeDom789 on Jan 11, 2021 6:23pm
Take a look at their latest NR from Dec.15th  Seems to fit nicely with this halt doesn't it! We'll see soon enough! GLTA  https://ca.finance.yahoo.com/news/pharmadrug-provides-corporate-balance-sheet-133800751.html
Comment by ScotiaOne on Jan 11, 2021 8:47pm
Agreed, I'm putting my chips on a positive announcement. 50/50 right so why not lean to the bright side!  Good luck tomorrow everyone.
Comment by gimmycash2 on Jan 11, 2021 6:37pm
Goldy salivating at the mouth getting an exit opertunity so soon . I know my sells are placed ahead of time.you know the early bird gets the worm.hope you guys all know he is going to be the first one out the door.right......never mind the eat steak garbage,he already had his steak when some of you were buying his shares at the top.
Comment by SamRothstein on Jan 11, 2021 6:54pm
What is your prediction for sp when news comes out?
Comment by LionWhisperer on Jan 11, 2021 7:41pm
This post has been removed in accordance with Community Policy
Comment by Lowfloatmining1 on Jan 11, 2021 7:52pm
could you imagine ... but very unlikely as it was requested by the company.  My guess is offering  and if it's dilution oh boy.  
Comment by SamRothstein on Jan 11, 2021 8:01pm
Typical fearmongering.  Below is announcement from stockwatch re. BUZZ. trading halt today, and below that is announcment from stockwatch re. TRIP's last trading halt.  You will notice that the wording is identical.  And below that I put the stockhouse announcements for BUZZ and TRIP's last trading halt.  They are also identical, and they both list the reason for the ...more  
Comment by Lowfloatmining1 on Jan 13, 2021 1:15pm
SURPRISE! you just got diluted. Lolol     
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