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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 lead asset, the Cell Pouch... see more

TSX:SVA - Post Discussion

Sernova Corp > Ruminations on tribulations and communications
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Post by MoneyMouth on Oct 12, 2022 2:18am

Ruminations on tribulations and communications

Reading through this board you can sense the overall confusion amongst investors. The share price continues to drop while we are forced to sit and watch. You wouldn't be reading this unless you were a big ol bag holder. Atleast your not alone? But you know what, as far as we know nothing has fundamentally worstened for the company. We always forget that. Why is that important? Because it shows that there isn't much of a correlation between the company's success and the share price. So what's your definition of a successful business? One with a huge market cap or one with the best product? Or is it the one that makes the most money? Perhaps its the one who is first to bring a brand new product to the market. Think Oculus, the company that invented modern day VR headsets. They were a small company, who were first to bring VR to the market. They eventually got bought out by facebook, but the point is, at first, oculus were just a bunch of nobodies. What Sernova needs to do is prioritize an application for orphan status. If approved, they would be the first company in history to bring a subcutaneous cell therapy device to market. That's something an investor can get behind. That's a headline. Want to know why Vertex is doing so well compared to Sernova? Because Vertex makes money. Its as simple as that. I mean the analysts say this company won't make money until like 2027. That sucks, that's a long fricken time from now. How old are some of you going to be in 2027? Dr. Toleikis is gonna be what? 75 years old?? I mean we all love our grandpa but do we want him in charge? On another note, I'd really like to see an org chart. Does Sernova have a Human Resources department? One that could maybe recruit a communications department? I wonder how organized Sernova's data is. I wonder if this company has processes in place and is operationally sound. I wonder what the corporate culture is like at the company. These are all things that need to be addressed and can hinder and distract employees from completing their project work. I want to understand this company better from an operational stand point. But come to think of it, maybe the answer is so much simpler than that. Maybe its so simple that its hard to accept. Maybe gaps truly do always fill.
Comment by Metalsguy1 on Oct 12, 2022 11:02am
interesting post. If they have an organizational chart, I doubt it is terribly efficient. My sense is that PT is like the boy who stuck his finger in the hole of the dyke except there are a lot of holes. Although it is no guarantee, a well run organization ,(all things considered) should be approximately reflected in the chart. 2027? I think there goal is to be bought out based on the endless ...more  
Comment by BioTeck on Oct 12, 2022 11:55am
There is nooooooo way the company as it stands today could generate profit and run as a business.  I think the only good employees the company has are the ones in the lab. The rest all the way from the multiple contracted IR to the CFO all the way to the board are completely useless. They don't even buy a single share of the company when it's beat up and just get fat off options and ...more  
Comment by Sailboatdream on Oct 12, 2022 2:00pm
Agreed.  Only way forward is a buy-out.  Not sure Philip has the profile or detachment necessary to orchestrate a suitable buy-out.  In fact, market is already answering that question.  
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