Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.

PINL:GRPOF - Post by User

Traxion Sab De Cv Ord Shs

<< Previous

Bullboard Posts

Next >>

Post by equity4481on May 11, 2021 7:56am

244 Views

Post# 33171918

Reborn1 recap

This is the trial which is front and center from an SP standpoint. The trial commenced on May 5 and runs for 8-10 weeks, so results and progress would be from now to completion in mid-July
I do not believe that this trial was started blind by TBP. They have tested the product strength, efficacy and effectiveness and believe it is an effective opiod replacement. And if that belief is backed up by the FDA, imagine the global change in pain management, never mind the company share value!
So based upon the company financials and a cash burn rate of $2.5M/month, the company currently has (with the May 10 bought deal) approximately 10 months cash o/h to fund the trials commencing.

<< Previous

Bullboard Posts

Next >>

Level up your trading with BMO InvestorLine’s enhanced features