Post by
aussyspitz on Apr 16, 2020 12:45pm
The Finger Points To You!
In my opinion Pierre Laurin CA 2015 CEO of the year was actually setup to be a fall guy. I think that Thomvest used their inside knowledge and financial leverage both as a puppet string and a hangman's rope.The lien on the IP would have made it nearly impossible for PL or anyone else for that matter to secure a partnership or additional finances. So whomever, inked and recommended/voted for that financial deal with SALP/Consanance undermined PL, Prometic and its shareholders they used debt leverage to hang PL then cut the puppet string. If I had to speculate on a villain in this sad spectacle imo the finger would point to Stefan V. Clulow he sat on the board representing Thomvest Asset Management and as a Lawyer a member of the State Bar of California and the Law Society of Ontario, he would have also known and understood the legal requirements/ramifications of the TSX Hardship Loophole. On the "surface" and to a casual observer it appears to be technically legal but it was definitely neither ethically or morally right imo. That whole debacle is like a car with a cheap paint job from a distance it may look okay but up close and under scrutiny i.e (Lawsuit) that paint job might have a lot of flaws.
A case could be made that this stock may do well in the future but just as equally a case can be made that this is the same old prostitute/thief that will ultimately lead to yet another dissappointment for shareholders.
Liminal is like puting a new dress and lipstick on a two dollar prostitute or a new suit on a thief fundamentally the same the only thing that has changed is their outward appearance.
For me personally the trustworthiness of management either makes or breaks the deal for me when I invest. Sometimes regardless of how promising something is or how good management is it just doesn't work out and I can live with that. However, based on what these folks did I have absolutely zero trust in Liminal and therefore cannot trust them with a single cent of my hard earned money. If you trust them with yours no problem. I am not telling people to sell I am just warning new investors to be careful/cautious.