Replies to post #497 on Mind Medicine (MindMed) Inc (MNMD)

[BEIJING BILL]

Folow the $$$$$$$$$

[Bearkat05]

I’ve got 30k shares but won’t the RS be bad for low level investors like myself? Thanks for any response

[Wolf-man jack]

1:10 REVERSE SPLIT IS INEVITABLE 1 AM UPDATE

Most likely 1:10 RS to uplist. Institutional investments to follow afterwards.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158430408

WQLF Says ;

The WQLF agrees with YQU that it is inevitable that the only way MIndMed will be able to up list to the Nasdaq sooner than later is for the Shareholders to vote Yes to a reverse split proposal YQU Understand. In order to attract institutional investors, it would have to be like you referred to at least a 1:10 reverse split YQU Understand. The shareholders meeting is May 27, 2021 so do not be surprised if the prospectus includes a reverse split proposal as one of the issues presented on the prospectus YQU Understand. The way the manipulators are playing with this stock, it could be around $2.00 USD to $2.50 USD when and if the reverse split is activated YQU Understand. Lets say that if one owned 25,000 shares of MNEDF and had bought in on December 15, 2020 at around $3.50 USD their share count would go down to 2500 shares and their Pps would be at $35.00 USD stock after a 1:10 reverse split. If YQU recall, Compass came out as an IPO on the Nasdaq at around $17.00 a share and with the similar hype that took MIndMed from $3.29 USD to its all time high of $4.43 USD on December 15, 2020, and its current low of $2.21 USD. Whereas Compass went from $17.00 USD to $61.69 USD and then after the hype settled back to around $33.00 USD just recently. Could YQU imagine how painful it would be if the stock was at $2.25 USD right at the time of the reverse split. Ones stock would then be at $35.00 USD per share while the pps after the reverse split would be at $25.00 USD per share. In most reverse splits scenarios, the pps goes down because the company will have to dilute the stock to Institutional Investors which in most cases within a year the pps would be lower than the initial $25.00 USD pps. This is the reason MIndMed just increased their shelf for the next 25 months of $500 Million USD. The following one to two years will most likely be the same YQU Understand. All in All, it be be devastating for the current retail investors if the company proposes a reverse split. Once the pps is at $25.00 USD it will keep retail investors away and more expensive to add additional shares to one’s portfolio YQU Understand. Reverse Split will not be a friend to the longs YQU Understand. IMHO Have Mercy Wolf Ahooooooo

High Low Close* Adj Close** Volume

Dec 15, 2020 4.2400 4.4300 3.2950 3.4880 3.4880 19,676,400

*Close price adjusted for splits.**Adjusted close price adjusted for both dividends and splits.

IT PAYS TO PLAY LIKE THE PROS

Everything posted is MY OPINION! And The WOLF’s! YQU understand. I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE