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Bullboard - Stock Discussion Forum Willow Biosciences Inc T.WLLW

Alternate Symbol(s):  CANSF

Willow Biosciences Inc. is a Canada-based biotechnology company. The Company develops and produces precision fermented functional ingredients for the health and wellness, food and beverage and personal care markets. Its FutureGrown biotechnology platform allows production with sustainability at its core. Its commercial product, Cannabigerol CBG, which is a cannabinoid that has anti-microbial... see more

TSX:WLLW - Post Discussion

Willow Biosciences Inc > Surprise! Another new ATL
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Post by jermiah777 on Jul 29, 2022 6:31pm

Surprise! Another new ATL

Throwaway ...another all time low. I think share price and market cap are falling quicker than burn rate if cash. Eventually cash will be greater than market cap. You would think that's the time to buy
Comment by throwaway11 on Aug 01, 2022 2:02am
Management could just be collecting salaries while doing very little. That has been a theme with micro/small caps. In which case, indirectly owning cash really doesn't matter, especially since inflation is rising and their reserve of cash is always gradually dwindling.
Comment by jermiah777 on Aug 05, 2022 1:34pm
Throwaway..it is hard to imagine management just collecting salaries. Investors and institutional money has put in over 50 million in willow. They have to answer to these investors. And management themselves own a large number of shares. They don't want their own shares to become worthless. They must be exploring all options to use their technology and developments to bring an economical ...more  
Comment by throwaway11 on Aug 09, 2022 12:52am
In polite theory they have to answer to investors, the practical reality of Canada's capital markets, especially the CSE and TSXV, is that the companies and the parties who finance them answer to nobody, including securities regulators. It's the wild west, most canadian penny stocks are scams. I am not saying Willow is a scam of course - and like you point out Trevor himself put money on ...more  
Comment by Bullknit101 on Aug 09, 2022 4:29pm
If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. Whole sector got fried thought. Even InMed is way down.