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Bullboard - Stock Discussion Forum Liminal BioSciences Inc. LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed... see more

NDAQ:LMNL - Post Discussion

Liminal BioSciences Inc. > HOW this can be even Legal?
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Post by thePlayer on Nov 18, 2021 3:14pm

HOW this can be even Legal?

what's going on with this story is quite surreal indeed.   After spending hundred million dollars of investor's money they removed all valuable assets from the company and collapsed stock to what, 0.01% of it's original value?  Seriously?  Since only "rights offering", if it even can be called this way, this peasOffSheat lost 90% if my math is correct.  

Who in their RIGHT mind can be invested now in this disgusting thing?   It's just beyond me.

Obviously attractive way is shorting this garbage.....  BUT keeping in mind that crooks can manipulate this stock up temporary any time, that's the risk.
So considering with what kind of disgusting low lives we are dealing here (professional crooks and in complete control) it is not easy to outfox them being an outsider and having zero control on events....
Comment by PLITheOne on Nov 18, 2021 5:15pm
It's corporate corruption at its finest! Thomvest is the king! I warned daily of their unethical corruption since the restructuring announcement was made over two years ago. "Sharing in the future successes of Liminal" was always BS! They are attempting to harvest as much out of this public company for themselves through their shell company in the Cayman Islands. Soon this company ...more  
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