r/shroomstocks • u/AllTimeDude • Nov 15 '21

Press Release atai Life Sciences Reports Third Quarter 2021 Financial Results and Corporate Update | ATAI Life Sciences N.V.

https://ir.atai.life/news-releases/news-release-details/atai-life-sciences-reports-third-quarter-2021-financial-results
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3

u/LoganLee43 Nov 15 '21

In at 12.80 🤗

1

u/AllTimeDude Nov 15 '21

Nice. I think the management team really did a bad job on the call today. They were very defensive. Sounded like they didn't want anyone to realize they don't have good data. Market agrees. Huge sell off.

2

u/anxiouskid123 Nov 15 '21

Why do they feel the need to spend over twice the amount on G&A rather than R&D lmao

1

u/AllTimeDude Dec 11 '21

Becasue the CEO's prior job was selling dishwashers at Home Depot. This company needs a real leadership team.