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Bullboard - Stock Discussion Forum StageZero Life Sciences Ltd T.SZLS

Alternate Symbol(s):  SZLSF

StageZero Life Sciences, Ltd. is a Canada-based vertically integrated healthcare company. The Company is focused on improving the early detection and management of cancer and other chronic diseases through diagnostics telehealth programs. Its lead product, Aristotle, is a mRNA multi-cancer panel for simultaneously screening for multiple cancers from a single sample of blood with high... see more

TSX:SZLS - Post Discussion

StageZero Life Sciences Ltd > Excerpts from the Final Prospectus dated Nov 26th
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Post by Jonnyboy85 on Dec 02, 2020 9:32am

Excerpts from the Final Prospectus dated Nov 26th

The Company has received interest from the City of Alpharetta, Georgia, United States, Phlebfinders and UDoTest, among others, to have the Company provide COVID-19 Tests to their respective workforces, clients and residents. In addition, the Company is providing testing for the employees and court system of a large county in the United States, an airline, Ichor Blood Services Inc. (“Ichor”), a film company, urgent care centres, a global visa and travel group as well as a number of other groups


"The Company plans on introducing Aristotle® to the market by Q1 2021."

"As of October 2020, the Company’s testing capacity is in excess of 1,000 tests per day (comprising all types of COVID-19 Tests) and is trending towards 3,000 tests per day."
Comment by Jonnyboy85 on Dec 02, 2020 9:34am
(currently, StageZero has testing supplies and inputs available to process approximately 30,000 COVID-19 Tests)
Comment by Jonnyboy85 on Dec 02, 2020 10:05am
During the first six weeks of COVID-19 testing, StageZero performed approximately 5,000 COVID-19 Tests. To the end of October, StageZero had performed approximately 13,000 COVID-19 Tests. The initial orders StageZero entered into for COVID-19 testing was with five (5) client groups; it is now performing tests for approximately fifty (50) client groups and adding more. New groups are being added on ...more  
Comment by capebretongirl on Dec 02, 2020 10:17am
Comment by Jonnyboy85 on Dec 02, 2020 10:26am
Definitely, I'm not sure what happened but for some reason sedar only showed the Final Prospectus to me today. Maybe it's my cache, cookies and browser histroy but it's not the first time I find something in sedar days later but I check every day. Maybe I just fell into the basher distraction trap and completely missed it because of all the garbage they've been posting here. They ...more  
Comment by Newfinvest on Dec 02, 2020 3:01pm
This post has been removed in accordance with Community Policy
Comment by Liked2Think on Dec 02, 2020 10:34am
There is just one thing I dont understand. They have been hiring a lot of people.  Well i assume they are.  They put postings up and then they are taken down I assume that means they have been filled but I cant know for sure. They mention the 1,000 tests per day capacity and exceeding it but the number of tests they do doesnt add up to anything close to that number.  Supplies to ...more  
Comment by Bully88 on Dec 02, 2020 11:13am
Mr or Mrs Liked2Think, Please refer back to this post for my opinion on why the ramp up of hiring This is just my opinion, but i think they will be well over 1000 tests easily by the time you are watching the world juniors championships  Here is my post from 2 days ago for your refference Cheers, Bully World Juniors Exposure Good Morning fllow Stage Zeroians, I just wanted ...more  
Comment by Liked2Think on Dec 02, 2020 11:29am
Like i said maybe Q4 will show us the numbers and yes I hope it does.  Been doing nothing but hoping when it comes to this stock. We are all speculating just like we have done the entire time.  Supposedly in Alberta alone there are 1500 ish new cases of covid a day so you have to figure there has to be at least 3000 tests a day being done in Alberta at an extreme minimum.  Alberta ...more  
Comment by Bully88 on Dec 02, 2020 11:34am
yes and all these new clients and contracts came after q3 ended. Covid numbers are spiking everywhere.  of course we are speculating. thats what trading stocks is all about. risk losing maybe 50% loss before you pull out vs rewards of 1000s % JMO
Comment by Jonnyboy85 on Dec 02, 2020 10:36am
The Company also achieved the following during the third quarter:  -Revenue increased more than four times the revenue of fiscal year 2019;  -Received approximately US$1.5 million in cash which significantly exceeds projected operating costs of $900,000 per quarter;   -Signed multiple new partners. These include a county in a US State affected by COVID-19, healthcare ...more  
Comment by Jonnyboy85 on Dec 02, 2020 10:43am
Ichor also recently announced that it would be offering COVID-19 testing as part of an agreement with the State of Hawaii as well as initiate COVID-19 testing for travellers to China. StageZero’s relationship with Ichor means that StageZero will process these COVID-19 Tests for such travellers who request COVID-19 testing from Ichor.
Comment by Jonnyboy85 on Dec 02, 2020 11:10am
As of September 30, 2020, StageZero had $2,391,644 cash on hand. The Company’s available cash balance as of October 31, 2020 was approximately $2,087,431. As of October 31, 2020, the Company had a working capital deficit of $4,284,409. Current assets totaled $3,499,725 while total current liabilities were $7,784,134. Included in current liabilities were the short-term portion of right of use ...more  
Comment by Jonnyboy85 on Dec 02, 2020 11:17am
StageZero moved three employees from part-time to full-time employees which results in the increased spending amount during the period from the June Prospectus to present-day. StageZero hired twelve additional employees and spent $175,774 within the period from the June Prospectus to present-day since the business is growing much faster than StageZero anticipated. Seven (7) of these new ...more  
Comment by Jonnyboy85 on Dec 02, 2020 11:59am
(1) There are currently thirty-five (35) employees. (2) Under the Minimum Offering scenario, the Company intends to hire an additional twelve (12) full-time employees. Under the Maximum Offering scenario, the Company intends to hire twenty-four (24) additional full-time employees compared with only hiring twelve (12) additional full-time employees under the Minimum Offering scenario ...more  
Comment by TrippingAgain2 on Dec 02, 2020 12:07pm
This post has been removed in accordance with Community Policy
Comment by Jonnyboy85 on Dec 02, 2020 12:10pm
I'm sorry, unlike yourself I share INFORMATION, not opinion. And if you cared about this stock in the slightest you would have known that I post from the prospectus and quarterlies whenever they become available because I know a lot of folks don't have the time to look for it or read through it. Some people on this board are pretty awesome like that, because thats what this board is for.
Comment by TrippingAgain2 on Dec 02, 2020 12:14pm
This post has been removed in accordance with Community Policy
Comment by LithLover on Dec 02, 2020 12:26pm
You are not fooling anyone on this board.  We can all see right thru you.  Just relax and wait for the NRs this week and early next. Keep up the great work Jonny  
Comment by capebretongirl on Dec 02, 2020 1:07pm
Comment by TrippingAgain2 on Dec 02, 2020 1:25pm
This post has been removed in accordance with Community Policy
Comment by SAGDollar on Dec 02, 2020 1:39pm
Man I hope one day we find out who you are. Its likley one person or organization behind all this. The fact that the "bashing" has been so relentless over any other stock bullboard I've seen on SH. Be funny if it was a grail employee lol. Regardless it doesn't matter what happens here. Is the company perfect? No but it's not nearly as flawed and broken as you bashers state. I ...more  
Comment by Jonnyboy85 on Dec 02, 2020 12:27pm
Bwwaaaaahahahahahahahahahahah that is by far the most entertaining thing a basher has ever written to me:) I almost spit out my coffee, thank you for that, why don't you get me banned for multiple accounts like I have to you 200 times then??? funny my account has been here since 2017 and you have to keep making new ones. curious about that huh? You officially are a bigger joke than OlteANUS is ...more  
Comment by Jonnyboy85 on Dec 02, 2020 1:43pm
The Company expects to generate revenue from the execution of orders for diagnostic tests, initially focusing on COVID-19 Tests, but eventually including cancer screening tests as the healthcare industry normalizes. The Company expects this revenue to contribute funding toward operating activities. Anticipated revenue is expected to be sufficient to fund the Company’s expenditures for a further ...more  
Comment by Jonnyboy85 on Dec 10, 2020 10:08pm
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