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Bullboard - Stock Discussion Forum Pharmadrug Inc C.PHRX

Alternate Symbol(s):  LMLLF

Medical Care Cannabis
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 > .07
View:
Post by TheBearInTheWoods on Jul 06, 2021 10:30pm

.07

Does anyone know what the plan is here for capital? Dilution or selling TRIP?
Comment by SamRothstein on Jul 07, 2021 4:39pm
Depends on the time frame.  They have runway with existing cash into mid 2022.    Beyond that, if they don't increase their revenues they will probably have to sell remaining TRIP shares (they already sold some) and/or raise funds which would mean dilution.    
Pharmadrug Inc
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