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Sernova Corp T.SVA

Alternate Symbol(s):  SEOVF

Sernova Corp. is a Canada-based clinical-stage biotechnology company, which is developing therapeutic cell technologies for chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include hemophilia A. The Company is focused on developing a functional cure for insulin-dependent diabetes with its therapeutic cell technology lead asset, the Cell Pouch System, a novel implantable and scalable medical device with immune protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device. The Cell Pouch is designed to create a vascularized organ-like environment for the transplantation and engraftment of therapeutic cells. Its regenerative medicine therapeutic approach is to provide cell therapies where the cells, transplanted within an organ-like vascularized implantable device, the Cell Pouch, generates proteins, hormones or factors released into the bloodstream for treatment of diseases.


TSX:SVA - Post by User

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Post by MoneyMouthon May 17, 2022 3:35pm
102 Views
Post# 34690116

Fun for about an hour!

Fun for about an hour!Well, we had about 1.1 million in volumn on the TSXV in the first hour and a half of trading today. The rest of the day was back to business as usual, no volumn (~240k shares) and a slow decay of share price until we are back in the red (atleast at the time of this post) Hilarious! According to these numbers, Sernova is LESS valuable now, compared to what they were before the news! The only thing that will save this is that TSX uplisting and volume. Let this be a lesson in what happens when a great company with great technology dilutes the living shiit out of their shares to the point where we have 400 million shares watering at the mouth to be sold... but only 1 million in volume looking to buy.  
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