Algernon Pharmaceuticals Inc (AGNPF)

[Money $hot]

You’ll Get No Rainbows & Unicorns Here

Wall Street has rejected Algernon’s latest business strategy requiring a measly $9M in capital to launch.

If any of the clinical trials in the pipeline spelled fast turnaround investment dollars as you suggest, Moreau would not be right back at Pimp Smack Mackie bending over backwards to make another deal with the devil.

Two things glaringly (like warning lights) come to mind when I think of all the happy talk about Algernon since they torched the FAIMS deal:

"Everybody Wants In At Phase 2" - Christopher Moreau

"We Have A 65% Chance Of Success Because Safety Is Not An Issue" - Christopher Moreau (CEO) & Dr. Mark Williams (CSO).

Moreau & Con-pany will tell you ANYTHING (AS SEEN LIVE ON WEBCAST) to continue selling cheap shares to support their lifestyles.

Dr. Mark Williams even bailed out of Algernon to launch his own biotech company. Only to return not as the Chief Science Officer, but as a Director now void of being the point man for burning the midnight oil to cook the books with repurposed drugs theories.

Let Moreau tell it, Doc Williams adds a "secret sauce" to how he comes up with his repurposed drugs theories. Apparently Doc Williams has enough secret sauce to spread around for his personal cook book as well at Marvel Biosciences.

Chase the lies upon lies all you want. I'm only here now for the long drawn out data readout of 20 people with zero chance of statistical significance.

Let's watch how Andre Uddin spins this next Topline report since he's now on the payroll of Algernon. Is he going to trash the report and further crash the stock like he did the last time?

There's so much interwoven shenanigans to the Algernon story it would be impossible for a newbie to catch up to this ongoing soap opera starring Drama Queen Christopher Moreau.

Yet, you have the same common shareholder bending over backwards to justify all the wrong they see right before their eyes. Pure denial is a new phenomenon sweeping the globe like the plague. A common sense set of facts can no longer be had for the common good.

As I previously stated, Wall Street rejected the repurposed drugs plan hat in hand. They are experts at what they do. Do we have any experts here? No, we have bag holders who have been overwhelmed by sheer incompetency, legalized corruption (thank you CSE and OTC penny world), lies and more lies, continuous unfortunate surprises, reverse splits and dilution that is burying us all alive.

Yeah, keep giving me more of all of that at Phase 1 now.

Furthermore, when I speak of a 1 Trick Pony in my last post, I am specifically talking about the DMT angle for Stroke. If you look around for the true contenders (at least that’s what the overall market believes) in the psychedelic space, they all have multiple approaches to psychedelic treatments.

The ATAI’s - the Compass Pathways - the Cybin’s - the Mindmeds - even GHRS has 2 angles for its DMT drug. Algernon has an incredibly unlikely path to success with a Hail Mary for brain surgery. It makes for a good story but unfortunately one that Wall Street ain’t buying.

Shell says look at the ETF’s. Ok…and? Algernon has already participated in the Horizons ETF:

https://www.horizonsetfs.com/horizons/media/pdfs/pressreleases/2021/20210326_PSYKRebalance.pdf

The next horizon for Algernon is another steep cliff that will leave you flat in no time flat.

The “reorganization” of Algernon Pharmaceuticals was merely a whitewash to bury past incompetence and lies and presplt common shareholders. They assume you don't understand math and will simply go along with having gotten buried under a ton of newly issued shares and warrants. You're not understanding that every share sold moving forward represents 100 shares you held before the reverse split. The orchestrated capital raise on the CSE are shares being sold for 3 CENTS WITH A WARRANT. 3 CENTS. You need $30 on average to break even with pre split shares. Do you truly believe the cast of characters at Algernon is capable of turning Algernon into a multi-billion dollar company in your lifetime? By the time they’re done running their tiny Phase 1’s and Phase 2’s (not powered for stat sig) in slow rolled countries like Australia they will have run the outstanding shares north of 100 million and some shareholders will likely be dead and gone. Algernon is merely a stock selling scheme to support Moreau and friends lifestyles. Moreau thinks he’s a real catch. See him in his plunging necklines devoid of a tie all the time. Surely it goes well with being bent over the railing of someone's yacht in the Cayman Islands and elsewhere.

To Hell Is Where The Lot Of Them Are Headed!

^ That’s One Thing I’d Bet The Farm On Moving Forward >

Have @ it

M$


Postscript

tcm55

One trick pony? Speculative investment and always has been, IMO.

Yes 55, the entire stock market revolves around speculation and sentiment.

No one to my knowledge has a crystal ball except those at the helm doing the planning and plotting.

Thus...AS SEEN ON LIVE WEBCAST



Wall Street Clearly Got The Memo