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Bullboard - Stock Discussion Forum Quantum BioPharma Ltd C.QNTM

Alternate Symbol(s):  QNTM

Quantum BioPharma Ltd. is a Canada-based biopharmaceutical company. The Company is engaged in building a portfolio of assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (Lucid), it is focused on... see more

CSE:QNTM - Post Discussion

Quantum BioPharma Ltd > JUSTFACTS!
View:
Post by Chuckie18 on Apr 04, 2021 6:41am

JUSTFACTS!

In order to evaluate its existing profitability and to better understand the uncertainties and costs inherent in designing, tracking and assessing appropriate budgets, the organization is now evaluating its latest phase 2 trial.
Comment by Chuckie18 on Apr 04, 2021 6:43am
Implementing a solid structure of corporate and financial management that limits administrators and managers to pay themselves over industry levels
Comment by Chuckie18 on Apr 04, 2021 6:44am
In February 2021 the board of directors awarded a disproportionate amount in total of approximately $6.6 million worth FSD's market value for the company, in acknowledgment of its loss and in particular Dr Bokhari (as at the closing price of February 10, 2021). The Board of Directors (excluding shareholders concerned) permitted Dr. Bokhari to take free legal action and threaten two of the ...more  
Comment by Chuckie18 on Apr 04, 2021 6:45am
This diluent share issue occurs at a time when the stock price of the class B share is low and short-term expense is absolutely unavoidable for financing. In order to make the most of the issuing of Class B shares by the Company, Dr. Bokhari and the Board of Directors (other than Mr. Durkagz and Mr. Saeed) do little to control the capital raise process of the Company. In his own words, he said,  ...more  
Comment by Chuckie18 on Apr 04, 2021 6:46am
On January 3, 2021 MMs. Durkacz and Saeed addressed the company's continued decline while the Chief Executive Officer and other members of the Board were deliberately obstructing, following members of the Executive Director, who did not attend both the December 22 Board of Management Meetings and December 30 Board Meeting. In order to replace management other than Ms Durkacz and Saeed with new ...more  
Comment by Chuckie18 on Apr 04, 2021 6:48am
Bokhari has failed to effectively implement the corporate plan and has not been able to meet any smaller goals recorded to date.
Comment by Chuckie18 on Apr 04, 2021 6:48am
Bokhari has led FSD to refund Dr. Bokhari's private sector to manage more than USD $1.4 million in 2020. With no responsibility or explanation.
Comment by Chuckie18 on Apr 04, 2021 6:49am
In February 2021 Bokhari granted the other managers of Stephen Buyer, Robert Ciaruffoli, James Datin, Gerold Goldberg and Larry Kaiser over $5.7 million in incentive shares payments for services yet to be provided and almost 1 million dollars in share and assets, about double the amount of years before.
Comment by Chuckie18 on Apr 04, 2021 6:50am
Bokhari has massively reduced shareholders' confidence by selling almost 16 million shares at low prices and thereby increasing the remaining 83 percent in just seven weeks.
Comment by Chuckie18 on Apr 04, 2021 6:51am
Raza Bokhari has fought for the dramatic reduction of shareholder equity, moving more than 97 percent less than when Dr Bokhari was elected interim CEO;
Comment by Mil_Man54 on Apr 04, 2021 9:17am
Oh look....realization is using one of his older pumper accounts to post this morning
Comment by mhaimillionaire on Apr 09, 2021 2:12pm
Following the failure of Board members to attend both the December 22 Board Meeting and the December 30 Board Meeting, Messrs. Durkacz and Saeed spoke with the other Concerned Shareholders on January 3, 2021 about the Company’s continuing decline in the face of the active obstruction of the Chief Executive Officer and other Board members.
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