Sire Bioscience Inc. C.SIRE

Cash burn is unreal

[BCdude]

The cash burn on this puppy is unreal. Great concept, but before buying any I'm waiting to see what revenues and margins look like in a few months time.

[Cdnmate23]

Someone could phone in tomorrow and ask Bruce his residual sentiment from the firm recommendation when it was 80% higher.  

[dugbenny]

Yes, that would be interesting--what a complete disaster! He would likely say   we still own it, still like it , its just getting going.  What a terrible investment!

[Cdnmate23]

Well someone did phone in and cornered him on it and he stood by it.  They have 4 products actively selling on Amazon US and they had to raise cash for ingredients which were hindered by the recent global supply chain issues.  Products in this space once established are valued by the conglomerates, thus if they succeed with their SKUs, a future take out candidate.  

[vitalina2233]

I like what he said. People should go back in listen. Things will start happening come June  Papi