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Bullboard - Stock Discussion Forum Hemostemix Inc V.HEM

Alternate Symbol(s):  HMTXF

Hemostemix Inc. is a Canada-based clinical-stage biotechnology company. The Company’s principal business is to develop, manufacture and commercialize blood-derived stem cell therapies to treat various diseases. It is an autologous stem cell therapeutics company that holds 91 patents on the derivation of three stem cell lineages from the patient’s blood, including angiogenic cell precursors (ACP... see more

TSXV:HEM - Post Discussion

Hemostemix Inc > PP???
View:
Post by ENEMENEMYNEMO on Aug 19, 2022 12:11pm

PP???

WTF... is this in addition to the previously announced one that wasn't filled??????
Comment by WalterTheDawg on Aug 19, 2022 1:28pm
Either they're sitting on junk results or there is some impedement to getting it done that requires more time and money to overcome. It says in the original PP prospectus that 2.5M$ will be used to buy back Lacey's debentures so he probably wants to derisk at this point. Who fackin knows. Just get your money and tell us what is going on with the analysis please. Lol.
Comment by ENEMENEMYNEMO on Aug 19, 2022 1:45pm
Ya I'm getting concerned about my investment here now with this new pp. shite the dilution now will be over 200 million shares with all the warrants outstanding and the shares available to Lacey for his investment of cash etc. 
Comment by WalterTheDawg on Aug 19, 2022 1:53pm
I wouldn't worry about warrants or that kind of dilution until we have any reason to believe we are going to hit 55 cents. Without positive results that isn't going to happen. If they were close to the end you would think they would be waiting to offer shares at a higher price
Comment by Boxcar1964 on Aug 19, 2022 2:42pm
My guess is that this will move ahead faster then we all think ,Inorder for back to back funding looks like they need the money faster then we imagined but at the same time if things pan out i can see a consolidation happen before any launch.JMO
Comment by Budaman on Aug 21, 2022 9:33pm
I think this is excellent news! If they need more money so soon after the last PP, that means Phase 3 trials! Holy sh$t! I took part in a previous PP and will have to take part in this one too. I smell something incredible coming in the next couple months!!!!! Hell yeah, good luck dudes! In my opinion only. Thanks-Buda.
Comment by ENEMENEMYNEMO on Aug 21, 2022 10:28pm
Yeah trying to think positive thoughts here... but if they were close to releasing the Phase 2 or knew the data was good then why not wait to do a pp at what we are all hoping soon to be a couple bucks a share?!!?
Comment by fox7mf on Aug 22, 2022 12:09pm
Makes perfect sense Buda. They probably need the money to clean up/finalize ph2 & organanize for ph3. Walter, stop thinking the sky is falling...positive thoughts.
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