InMed Pharmaceuticals Inc INM

52w low - $2.60!

[gainwidpatience]

Well.. that gives clarity on Eric's response to insider buying. They won't shed a single penny to this knowing that there is further dilution coming up.

[Stevemin]

If more dilution is coming (as some think it is based on Colwill's comments from last week), everyone has to think about what this will do to the sp which in turn could quite possibly affect Inmed's ability to remain on the Nasdaq. The sp is already at new 52 week lows and a cap raise at this level would destroy the sp. There are minimum requirements to stay on the Nasdaq - if you aren'

[gainwidpatience]

Glad I sold my 70% ant bought AMC and AEI.. recovered all the lost money with inmed! Unless they wipe out existing mgmt and bring aggressive/result oriented mindset, this stock will go only down!