InMed Pharmaceuticals Inc (INM)

[SamL67]

Perspectus needed when company offers stock to public.
http://www.osc.gov.on.ca/en/Companies_prospectus-offerings_index.htm
After reading the information -appears they are offering more stock to the public. Still not sure on what it means--but if it's a secondary stock offering priced below market and-or including warrants to raise $$-appears to me the price will drop. Maybe they could not find a partner with big pockets and this is the only way to raise cash. If there is a more positive spin on this filing--maybe someone can explain it.
And why did revive therapeutic announce the intent for a deal with Inmed to utilize their cannabaloid drug discovery system and Inmed has not said one word about it. Possibly they thought they could get some working capital from it and not progressing as planned.
They also have gone thru a good amount of cash lately with all the paid promos on various sites.
It's put up or shut up time-the science looks promising but potentiallly not compelling enough to bring on big investments or a big pharma partner.
Sam