Bullboard - Stock Discussion Forum ProMIS Neurosciences Inc PMN

Healthcare Biotechnology

ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational... see more

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NDAQ:PMN - Post Discussion

ProMIS Neurosciences Inc > Another PP is on the way

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Post by Actuarial on Feb 10, 2021 1:04pm

Another PP is on the way

If you check PMN cash balance and then compare the management salary and other cash burning items. Serously.

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Comment by M101 on Feb 10, 2021 1:29pm

True but the pp sellers could let it run for a month first. Based on their last participation they don't seem eager for more free warrants if it means all warrants become worthless.

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Comment by Actuarial on Feb 10, 2021 1:50pm

I mean what price do you think PP participant would like to pay? .12? .10? It could be only lower than last PP given PMN has no real developments. This reminds me the running up a few months ago when PMN announce the Covid story. Short lived pop is bubble, nothing else.

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Comment by Mole101 on Feb 10, 2021 2:00pm

Did you missed this Boat and like it lower Actuarial?.. I know We are looking good at ATE now ;).... startup Bioteches are on fire and you won't find anything under .25 , if it has the word Covid on their NRs ( saliva, ..)+.35s then... I think We are waking up and that 1.3 million traded south of the border maybe the wake up call. So, let's join .. if we're to have a PP , I will rather ...more

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Comment by Actuarial on Feb 10, 2021 4:53pm

Mole101, I used to own over a million shares of PMN, and then I decided to drop all PMN and put my money into ATE right after PMN announced last PP. The science of PMN is amazingly great but the management team dumb. Under this management team, PMN couldn't have one thing completed but it still keep opening new battle fields. I still watch PMN but I am not going to put a penny into it until ...more

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Comment by Mole101 on Feb 10, 2021 5:39pm

I hear you Actuarial , PMN and ATE have been my top two stocks base on share accumulation for the last 3/4 years, PMN bankrolled lots of things in my live in 2018 and I have a soft spot for it in my heart , it helped greatly with the accumulation on ATE too.. I'm still optimistic that things will turn for the better here, as much as management may have been inept , PMN has few other ...more

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Comment by M101 on Feb 10, 2021 2:21pm

They'd like to pay 3 cents and get it all back, same as Gene and Elliot, but that would end in a death spiral and either handing the patents back to UBC or going private. I think Gene and Elliot would take this private if they could find any 3rd party that left them in power, but what idiot would do that? The 12 cent placement share warrants become available for trading in ...more

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