Liminal BioSciences Inc. LMNL

Another issue they will need to answer /re 10 million

[edrose]

Loan they kept on the books after they wiped out retail investors 
they never told investors this small loan had prometics assets as collateral 
this question was raised during agm in 2019 lawyers have audio of Galbraith answer 
"we didn't want to further dilute shareholders"  this after massive dilution and reverse split 1000/1
sartore also is on audio 
 
why do you think they kept the 10 million loan  with attached collateral,they never told us exactly which collateral was attached to loan this will come up in law suit

[GunnerG]

Never to investors, you keep saying this and if you are to lazy to read the financial statements that is on you. If this is what you are taking to your lawyer and crying about, you are in big trouble. Here is a quote from one of the quarterly 2019 FS   "1) The Loan with the parent is secured by all the assets of the Company and requires that certain covenants be respected

[GunnerG]

That should have read "Never told investors..."

[PLITheOne]

Yes, that was reported right during the theft! Haha, add more money by the way of Rights however Liminal is still indebted to SALP who holds all assets when they collapse the company. Conflict of interest? Thomvest owns Liminal and the Cayman Island shell company SALP. How long before they finish off investors and take what they already have? It's a corporate shell game that Thomson wins