ProMIS Neurosciences Inc PMN

1 for 60

[bball67]

Got an email this morning from my Interactive Brkoers account that I use for PMN.TO, notifying me of a reverse split of 1 for 60 effective 6/28/2022. Not making this up. Caught me by surprise.

[bball67]

A few more thoughts, I would expect a press release Monday morning stating that the the BOD approved a  1 for 60 split. Normally, there is a longer period of time before the effective date of a split but I am ok with getting it done fast. 

[BottomBroker]

It would seem things are definitely starting to happen, and more quickly by the day. Interesting 6-8 months ahead, I think (hope). 

[FarmerBetty]

The stock this week was at a 52 week low actually a 5 year low with the exception of 8 cents in Dec 2020. Have not mustered any type of deals after years of development in there programs providing addtional and additional testing with absolutely no interest from the investment community. Half of news releases attending conferences. If there is not some type of a licensing deal do you think Nasdaq

[G1945V]

"T.PMN | December 2, 2021 TORONTO and CAMBRIDGE, Mass., Dec. 02, 2021 (GLOBE NEWSWIRE) -- ProMIS Neurosciences Inc. (TSX: PMN) (OTCQB: ARFXF) (the “Company”), a biotechnology company focused on the discovery and development of antibody therapeutics targeting toxic oligomers implicated in the development of neurodegenerative diseases, is pleased to announce shareholders passed the share

[Gbathat]

I'm glad they cleared some of the debt conversion to shares prior to this announcement, just in case we see volatility after the r/s.  Hopefully we don't, and we see a steady rise from here on with a few spikes with major milestones. R/S 1:60 puts us closer to $6/share... out of penny stock territory and onward towards the NASDAQ!   Good luck to all the longs.

[G1945V]

A big difference between a 60-to1 R/S and remaining on the TSX   vs. a 60-to-1 R/S and going on the Nasdaq. But if they stay on the TSX post R/S for too long we got problems. G1945V