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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

ProMIS Neurosciences Inc > Frustrated Colleagues
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Post by FarmerBetty on May 17, 2023 7:36pm

Frustrated Colleagues

A couple of colleagues in Promis are really frustrated with Mpt in how their was nice share momentum in late April the 28th starting to build with 90 trades $145,000 in trade value then it just dropped off that Friday afternoon, pointing out the insiders wanted to put a hold on this momentum. Monday 13 trades for $9,427 trade value then drip drip moving lower and lower since that Friday. 

There frustration is simple is a partnership to come or is it obout the Boston fix positioning it  for a massive PP?
Comment by M101 on May 18, 2023 4:08pm
Why choose? If Promis makes a partnership deal with no cash on hand it will be a bad deal for us. Or if they make a big raise on dilution now before P1 it will be a bad deal for us. The most recent 2 qtr delay is going to cost us either way.  My only hope now is that the Dems and the Fed can continue to somehow kick the can down the road despite utter incompetence and absolute corruption. The ...more  
Comment by G1945V on May 19, 2023 6:01am
Promis just simply needs to raise the necessary funds for the Phase 1a come hell or high water! With only $3 Mil in the bank, there is no getting away from this. We need to know if PMN is safe, if there are any side effects and what is the best dose before any sort of a potential partnership can play a part. IMO G1945V 
Comment by FarmerBetty on May 19, 2023 9:52am
Non-sense phase 1a testing 8 healthy subjects could have easily been in motion, not costly. More so would have been set up at recruiting center and on the go, highly reasonable to expect positive results with monoclonal technology like all others that eventually failed in later trials. Bottom line phase 1a really meaning nothing just the beginning of a long process which later resulting are the ...more