InMed Pharmaceuticals Inc (INM): Exactly and it won't be pretty. As H...

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InMed Pharmaceuticals Inc (INM)

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Re: Stevemin post# 9220

Monday, 03/02/2020 2:16:36 PM

Monday, March 02, 2020 2:16:36 PM

Exactly and it won't be pretty. As HB said a "toxic loan" is almost the only inevitable piece of guaranteed news for them in the coming mo's. I've also done some financing scenarios like you've noted below and it will be incredibly ugly. Eight Cap paid a premium to today's prices and any new financing partner will demand bottom basement terms and InMed will have little leverage to counter. The Kool Aid drinkers really can't see the forest through the trees and continue to celebrate this company's delays. Odd.

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Recent INM News

Form 8-K - Current report • Edgar (US Regulatory) • 06/11/2024 04:48:29 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:12:50 PM
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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/26/2023 06:09:25 PM
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