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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 > More of the same, PSUs, wasted money…
View:
Post by GrahamB on May 27, 2022 3:36pm

More of the same, PSUs, wasted money…

You just have to shake your head.

Reading the recent financials and seeing these guys blew through 5.4 million in the last 3 months including an inconceivable 1,4 million in share repurchases (for a small cap that has only lost money since inception).

Now, they are giving millions of shares and milllions of share holder value back to themselves in PSUs


Substitute the PS for an F!


"the Company announced that on May 16, 2022 it granted PSUs to its directors and officers in the following amounts: Anthony Durkacz - 699,502; Zeeshan Saeed - 799,004; Donal Carroll - 704,801; Nitin Kaushal - 100,000; Fernando Cugliari - 100,000; Larry Latowsky - 100,000; Adnan Bashir - 100,000; and Dr. Lakshmi Kotra - 216,797.
Comment by GreenMonster333 on May 28, 2022 3:27am
Can anyone explain what PSU's are exactly?
Comment by Mil_Man54 on May 28, 2022 9:45am
Performance Stock Unit (PSU) A company’s commitment to give a targeted number of shares of stock or cash equivalent to an employee at a future date, once vested. The actual number of shares given will vary based on performance as measured against the defined goals. And the BoD and mamanagement has awarded themselves PSU as Graham stated....so essentially they used the buyback program to ...more  
Comment by GreenMonster333 on May 28, 2022 5:55pm
Does anyone know what the board has to accomplish in order to receive these share?
Comment by Mil_Man54 on May 28, 2022 6:48pm
They have accomplished absolutely nothing yet have granted themslves free shares...."the Company announced that on May 16, 2022 it granted PSUs to its directors and officers in the following amounts: Anthony Durkacz - 699,502; Zeeshan Saeed - 799,004; Donal Carroll - 704,801; Nitin Kaushal - 100,000; Fernando Cugliari - 100,000; Larry Latowsky - 100,000; Adnan Bashir - 100,000; and Dr ...more  
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