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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 > Booth...
View:
Post by Lowfloatmining1 on Jan 12, 2021 5:42pm

Booth...

A veteran deal maker! Hahahah piss odd with this garbage! That is a blatant LIE.  

Here are several articles of Booths "reckless acquisitions using shares".  You can pretend booth is a deal maker but that is complete bs.  

Terry booth hired Nelson Peltz! And even he couldn't make a deal with Booth still involved. LOL

https://www.google.ca/amp/s/www.fool.ca/2018/06/14/is-aurora-cannabis-inc-tsxacb-pulling-a-valeant-pharmaceuticals-intl-inc-tsxvrx/amp/
 

Here's a couple paragraphs showcasing how good booth is at diluting his shareholders.
 

The issue with Aurora's acquisition-hungry strategy is threefold. First, ballooning the company's outstanding share count has a tendency to weigh down the value of the shares held by existing investors. For instance, over the trailing year, Aurora's market cap has risen by 67%, reflecting the added value of its purchases. However, its share price is down by 19% over this same time frame, reflecting an underperformance of 86% caused entirely by share-based dilution.

The second problem is that a ballooning outstanding share count will weigh down Aurora's ability to generate a meaningful per-share profit. Back in fiscal 2014, Aurora had just 16 million shares outstanding. As of its fiscal first quarter of 2019, it had almost 962 million. Mind you, this didn't take into account its ICC Labs acquisition or its purchase of Whistler Medical. Tack on other share-increasing tools like convertible debentures, stock options, and warrants, and Aurora could be pushing nearly 1.1 billion shares outstanding by the turn of the decade...assuming it doesn't buy another company and make matters worse.

Comment by SamRothstein on Jan 12, 2021 5:52pm
This is what I'm talking about.  We know you think Booth sucks.  We know you don't think the Aurora sp going up 454% in 6 months had anything to do with him.  So you don't have to keep wasting your time and ours trying to prove this point that Booth is bad.  We get it.  What you don't get is that I'm not trying to say that Booth is the best dealmaker ...more  
Comment by Lowfloatmining1 on Jan 12, 2021 5:59pm
Exapansion is great but when your diluting the sh!t out of your investors to expand it's not so good. Especially when you overpay lol!  I'm proving how you are still pumping Booth and this company after you sold lol. The lie continues. 
Comment by SamRothstein on Jan 12, 2021 6:26pm
Yes we know your feelings on Booth, dilution, overpaying, etc.  You don't have to keep repeating it hundreds of times.  My opinion on Booth has not changed.   Same now as what I have stated previously.   But my uncertaintly level with BUZZ went up with this acquisition which is one of the reasons why I reduced my position.  It doesn't seem like you get ...more  
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