Bullboard - Stock Discussion Forum Biosenta Inc. C.ZRO

Healthcare Biotechnology

Biosenta Inc. is engaged in developing, producing, and manufacturing an array of chemical compounds for household and industrial applications, utilizing advanced encapsulated nanotechnology. It also develops chemical compounds designed to eliminate harmful microorganisms, such as bacteria, fungi, and viruses for household and industrial uses, while ensuring safety for both humans and the... see more

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Biosenta Inc. > Financials Due Soon

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Post by Jackal23 on Jan 18, 2021 1:40pm

Financials Due Soon

On January 28 last year, the company issued its Audited Annual Financial Statements for the YE Sep 30. As such, it wont be long before we see the Sep 30, 2020 YE numbers.

Per the Monthly Report, "The Company has started generating revenue starting from the month of September 2020 ..." so we should get a little taste of whats to come.

The Q1 (Dec) financial statements were issued last year on Feb 18 so if that timing holds, we have less than a month to really get a feel for what revenue we can expect from the recent deals.

Monthly Report: "The company has received its milestone royalty payment in the month of December. Revenues from other sources are also being realised."

I'm hopeful we may get further NR from the company too but at least we know some real numbers are coming our way shortly. It should better educate us all re the share price. Personally, I think we are materially undervalued but time will tell. Can't wait.