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Bullboard - Stock Discussion Forum 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, the Cell Pouch System, a... see more

TSX:SVA - Post Discussion

Sernova Corp > Exercise of Warrants
View:
Post by Basket11 on Jan 25, 2021 9:03am

Exercise of Warrants

https://ceo.ca/@thenewswire/sernova-announces-warrants-exercise-for-proceeds-of
Comment by rixpix on Jan 25, 2021 9:15am
SVA is much healthier financially now.  And as the CEO says,,,, "I am extremely pleased to see these warrants being exercised and the continued support from our shareholders," commented Dr. Philip Toleikis, President and CEO of Sernova Corp. "The early conversion of the debenture coupled with the warrants proceeds strengthens our balance sheet and cash position as we continue ...more  
Comment by clutchbeyers on Jan 25, 2021 9:37am
This is great news!!!!! 
Comment by Nighttrade on Jan 25, 2021 9:49am
Which share holders? I feel bad for the new bag holders that have lost 40% of their value and counting. Lets hope for some good news to stabilize the price so this company doesn't look like a pump and dump to them.
Comment by BioTeck on Jan 25, 2021 10:12am
I don't feel bad for them. It's the stock market, nothing is guaranteed folks. If you chase a stock on a run up of 1000% and then quiver and panic when it corrects a little, you're not an investor or a shareholder, you're just a retail fool.  Sell at a loss and find something else to do with whats left of your money. I'll glady take them off your hands. 
Comment by Nighttrade on Jan 25, 2021 10:16am
40% and counting is not " a little" correction. And way to welcome them... Lol
Comment by Bakunin6 on Jan 25, 2021 10:21am
This correction is wholely due to the warrant holders...and they're not done yet.
Comment by BioTeck on Jan 25, 2021 10:25am
40% from 1000% is nothing. I don't need to welcome anyone, they are all grown adults who chose to invest. If you don't have the stomach for it, go do something else. No one is forcing anyone to do anything here. My advice is stop crying and stop watching the stock daily and go on about your day and wait till the company is acquired. If you can't do that, sell your shares and get lost ...more  
Comment by Nighttrade on Jan 25, 2021 10:32am
F you.... You are the biggest little pumper going. 40% from a 1000%? Does this include the market crash? Lmao. That does not reflect value. You are most likely a warrant holder and shorting. Lmao.....
Comment by BioTeck on Jan 25, 2021 10:38am
Yep, I did have warrants. Pumper? LOL, I haven't been called that in a lonnnng time. 
Comment by Nighttrade on Jan 25, 2021 10:41am
Lol
Comment by Bakunin6 on Jan 25, 2021 10:42am
By the way, warrant holders are not shorting the stock, they're taking profits.
Comment by kriko on Jan 25, 2021 11:18am
Ohhhhhh....Nighttrade. You are in WAY over your head.  Go back before Sernova's run-up. BioTeck brought a measured, rationale voice to the board. Indeed, he was often criticized for being slightly contrarian.   Your claims are baseless, your opinion is not informed and you're not contributing anything of value.  I agree with many other long-term holders that the ...more  
Comment by Nighttrade on Jan 25, 2021 11:26am
By value. You mean playing your little games? I have been reading this board for years and its viewers have grown over the past week. Yes it looks bad to drop this much and keep dropping whether you or any other "long term" holder likes it. For F's sake its called perceptive.
Comment by Bakunin6 on Jan 25, 2021 11:30am
Just dropped up a dime on 1 million shares. Chill...
Comment by clutchbeyers on Jan 25, 2021 11:31am
Take a deep breath, go for a walk. Maybe checkout the board in a couple weeks time if you are bored. Make dinner. Hug the wife. Maybe even kiss her if you like her. Enjoy life.  If I got emotional on my crypto investments when things were free-falling from 2018-2020, I would have lost out on a ton of money. Its taught me to be patient with my evaluations. Its playing well now in the stock ...more  
Comment by kriko on Jan 25, 2021 11:37am
--> For F's sake its called perceptive. Perceptive is an adjective, but your sentence structure indicates a noun. So I think you mean perspective. 
Comment by Nighttrade on Jan 25, 2021 11:38am
Its called auto correct Shi! Head.
Comment by BioTeck on Jan 25, 2021 11:43am
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Comment by BioTeck on Jan 25, 2021 12:01pm
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Comment by BioTeck on Jan 25, 2021 12:18pm
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Comment by Bakunin6 on Jan 25, 2021 10:35am
Nevertheless we've absorbed the cost of 12 mil. Warrants and are substantially higher...the selling will stop eventually but I doubt that the buying will.  Going higher.
Comment by Nighttrade on Jan 25, 2021 10:37am
I agree just pointing out the missing pieces and how others may be seeing the company.
Comment by BioTeck on Jan 25, 2021 10:42am
By others you mean you. We get it, you're panicking and second guessing your purchase and coming here looking for support. It happens.
Comment by Nighttrade on Jan 25, 2021 10:44am
Nope. I bought in at 0.68.... I have been trading this stock for a couple years. Still looks bad to lose that much in a week and counting.
Comment by clutchbeyers on Jan 25, 2021 10:50am
The difference between a novice and a veteran in the stock market looks at that as a 100% gain from your original investment. Has anything worried you on the fundamentals of what Sernova has set out to do from the time you bought it at .68 to now? If the answer is no, then you are getting played by the nature of emotions. I would have loved to sold at the peak the other week and bought back in ...more  
Comment by Nighttrade on Jan 25, 2021 10:55am
My only point is that it looks bad. New investors will look at the timing and chart and gring. It is hard to get a stable price with this much of a drop. More news to stop the bleeding would be good for long term value.
Comment by clutchbeyers on Jan 25, 2021 11:00am
Again, how does it look bad? For anyone reading charts, they see it has been trading in the .13-.30 for years and then eastablishes a new higher bottom. Even if it continues to drop a little bit, the water level has raised. This is great and healthy for a company. I would be more concerned if this thing kept shooting up like Bitcoin with no correction. Take your short term emotions out of it. We ...more  
Comment by WEST-VAN-INVESTOR on Jan 25, 2021 10:57am
YES People taking profits, Yes People selling to fund paying for their warrants... The great part is the company now has money to fund their next steps....   Money going back and forth between investors  does not advance the company,  Money going into the company is where the real value is made.   This is good. 
Comment by WEST-VAN-INVESTOR on Jan 25, 2021 12:08pm
Money going back and forth between investors  does not advance the company,  Money going into the company is where the real value is made.   They just raise $4+ mil. This is good. 
Comment by clutchbeyers on Jan 25, 2021 10:44am
I get it, but you have to remember this is all setup for the bigger picture, the visibility will play itself out naturally. Sernova is top15 on the Canadian Open Market, they are targeting Nasdaq and in prime position to do so. Once that happens, you wont be complaining on visibility. Patience and don't monitor on the daily, you will pull your hair out. If you did your research, you know there ...more  
Comment by clutchbeyers on Jan 25, 2021 10:38am
For those of you complaining on these daily dips, sorry you were'nt in on the stock when it was forever in the .13-.30 range for years. Lots of us are playing with house money. And these exercised warrants are exactly what Sernova needed to expand that runway of funding for their efforts. Its great news for the long term setup for us that have been watching this for years.  GLTALongs
Comment by clutchbeyers on Jan 25, 2021 10:33am
Couldn't have said it better myself :) I will keep accumulating and holding. Wait until the licensing announcements in the next few weeks.
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