A little more info Bloom Burton
· Bloom Burton & Co. is Canada's largest and most active healthcare-specialized investment banking group.
· Bloom Burton performed 6 months of intense due diligence of Sirona’s Chemistry using their own scientific team.
· Bloom Burton identified the two most exciting projects they could both finance and which had enormous market potential.
· This agreement is the first time Bloom Burton has directly invested their own financial and scientific resources into a project.
· The exact target molecules are not being news released until Patents are filed.
· Bloom Burton and Sirona have negotiated a profit sharing Joint Venture which is a win-win deal that took two months to construct.
· The teams anticipate further joint ventures based on the same structure.
Sirona
· Sirona’s other LOI’s are proceeding as anticipated towards definitive agreements and management anticipates a steady flow of positive news to follow.
· A much expanded pipeline of projects is building and this translates into multiple shots on goal.
· Management remains confident about achieving its goals.
· Sirona continues its evolution with management changes including its latest director Nigel Terrett.
· Further changes are underway including management and funding sources.
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