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Bullboard - Stock Discussion Forum ProMIS Neurosciences Inc PMN

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

NDAQ:PMN - Post Discussion

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Post by retiredcop on May 09, 2023 4:42pm

Financing

But this money coming in will be in a manner we have never seen before aaat PMN.
Comment by M101 on May 10, 2023 10:53am
You mean coming in like it would at a private company?  Because that's what we are now except for the nuisance (and considerable expense) of historical happenstance.    
Comment by FarmerBetty on May 10, 2023 5:56pm
Yes you could be right, the stock was moving nicely at the end of April, with volume, value and momentum then on the last Friday mpt must have started squirming and had to leak to pull it down.  We will see what the Boston group does but it should not be a surprize if they shoot for more ownership and dilution towards eventually taking it private!! Almost 6 months into the year and not in the ...more  
Comment by M101 on May 10, 2023 7:46pm
I wasn't trying to suggest any group of shareholders would want to go private now, what would they gain that they don't already have?   
Comment by FarmerBetty on May 10, 2023 8:22pm
"Total control of the company" Do you think it has been run as a public company since the Boston group has become involved over the last couple of years?  Private Placements to who? The Nasdaq and all that nonsense, their ownership keeps increasing and people that are blind to it are suckers!!
Comment by M101 on May 10, 2023 11:31pm
You just made my point, no need to take it private when you already control who gets to invest, when, and at what price.