InMed Pharmaceuticals Inc (INM)

[lesgetrich]

They have already spent $840k on PR prob the endless recycling of the same pump articles that come out regularly included in that

Shareholders should be thankful that they're doing that. They went for months last year without any word out of the company and the pps slowly drifted down to around $.03. Don't confuse legitimate company advertising with the pump and dump schemes you often see on the OTC. InMed is simply telling their story and recruiting new shareholders. They're not telling people that their share price will rocket up and people should get on board now as some of the shady scams you often see in this market.

By keeping shareholders interested they maintain the pps at a higher level which makes raising money for their clinical trials less dilutive. It will probably be a couple of years before they can get their drugs to market and they will need more cash in the meantime. Better if they can get it at $.40+/share than at $.03/share.