Post by
StockReddy on Aug 07, 2020 6:56pm
Buying rights offer was my mistake
Due to this company I have gone through so many problems. To buy rights offer (I paid again to buy my own stocks) I sold my other holdings like DM (700K number) and TGZ. DM was bought at 16 cents and sold for just 3 cents (it was my big mistake) later I hold LMNL for more than a year to sell @ 22 CAD. I was stopped checking my account for months.
Basically what I would like to say is because of this company my portfolio was messed up and lost a lot of money.
Like me so many people lost and messed up their portfolio in this stock and it was not because of science just because of bad management and greedy people (stolen legally). I realise this company run away from TSX to escape future lawsuit problems.
They still didn't submit their BLA, why? I think in few weeks we are going to hear the NEWS about dilution.
Finally, I will buy again but when they have money in their hands.
IMHO.
Comment by
ernieballs77 on Aug 07, 2020 7:20pm
Sorry you got played by these CRIMINALS. and I hope you get out with some dignity and few bucks left in your pocket. CROOKS
Comment by
stockbuphoon on Aug 07, 2020 8:04pm
StockReddy, why do you think that they did not wait until it was only on Nasdaq and then they will submit BLA next week just before Cannacord or whatever conference it is next week? Then with this momentum, they do financing at much higher level. Who knows? Place your bets.
Comment by
StockReddy on Aug 07, 2020 8:24pm
They may do, what if they go for dilution before BLA submission. I am so confused and I cannot believe them anymore. BLA submission is good news, right? Why they want to submit BLA after delisting from TSX? If it is good news it will be rewarded in TSX as well. It is suspicious to me. My guess dilution is first BLA submission is later. Good Luck for longs!
Comment by
foofadooo on Aug 08, 2020 8:50am
If buying rights was a mistake........that statement....your belief in the new company was strong and backed by greed rather than fear......and a strong belief in their science.......GLTA.....foof
Comment by
GunnerG on Aug 08, 2020 11:20am
"your belief in the new company was strong", LOL Maybe he was just desperate to make some of his large losses back after the 1 : 1,000 reverse split.
Comment by
StockReddy on Aug 08, 2020 6:40pm
Yes, I thought that they will resubmit the BLA in Q3 2019 and I can recover some of it. I thought to sell if it goes to 40 CAD then buy back my other stocks those are DM and TGZ. I think so many people are shy to share thier loss here. I would like to know that anybody made money on this stock?
Comment by
GoBBs on Aug 08, 2020 6:17pm
The rights offer was another underhanded way of sticking it to shareholders. Management was so gracious to allow the shareholders they just crushed to dump more money in and repurchase the shares investors had prior to the 1000:1 squashing. Don't you feel thankful LMNL and TV have your back ? They're just the best