Quantum Biopharma Ltd.

Analysis for Ticker: QNTM

Quantum Biopharma Ltd says it is finding a cure for brain diseases like multiple sclerosis and making drinks to help people sober up from alcohol. The reality is a math equation where public money is used to buy Bitcoin and pay executive bonuses while the company makes exactly zero dollars from its products. This is a disaster because the company has lost a total of 198,3$ million and only has 2,4$ million left in the bank, meaning it is running out of air while the people in charge are still taking their cut. Imagine a piggy bank where you put in your allowance to help a sick friend, but the person holding the piggy bank takes the money to gamble on internet coins and pay for their own house.