Liminal BioSciences Inc. LMNL

Administration

[RoyaleWithCheez]

WTF are they spending $8MM a quarter on 'administrating'?  There is literally almost nothing to manage at this point. 

Also, it's not a good look when research expenses were only half of the administration costs for a discovery stage bio company.

[thePlayer]

Royale, are you surprised with that? If yes, better shake your head and realize What this business is all about.  And for so many years - constant decline (with some short lived bumps along the way) from $3,600.00 to $2.42. All the while being constantly PUMPED by professional fraudsters day in and day out. It's beyond me, who in their right mind can invest in this outfit managed by

[RoyaleWithCheez]

Hey Player,  I'm not surprised, I just thought I'd highlight this expense. It is particularly telling that the expenses are high in light  of the closing of actual business activities.  I like how stockman annualized the number.. What value does $34 MM give shareholders??