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Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with proprietary platform developed at its laboratory facility in France. Through its wholly owned subsidiary TFChem S.A.R.L., the Company specializes in stabilizing carbohydrate molecules. The principal activities of the Company include development of cosmetic and pharmaceutical active ingredients. TFChem develops and markets its GlycoMim technology for pharmaceutical and biotechnology comp anies. TFChem’s proprietary chemistry technology can be applied to the development of several pharmaceutical domains such as cancer, diabetes, pain and inflammation and cardio-vascular diseases. Its cosmetic therapeutic area includes skincare-dark spot corrector (Rx & OTC), cell preservation and repair (including keloid and scar therapy), skincare-anti aging/anti-wrinkle and skincare-cellulite treatment. It has developed an active ingredient, TFC-1067 for the treatment of Dyschromia (Dark spots on the skin).


TSXV:SBM - Post by User

Bullboard Posts
Comment by malibukion Dec 21, 2017 8:03am
83 Views
Post# 27202957

RE:RE:Where does it say that partners/term sheets in play?

RE:RE:Where does it say that partners/term sheets in play?
Considering the market reaction, obviously I am not the only one having this reading impairment. I am not saying you are wrong, this can be true. But from the update it is not clear whether one can expect a deal still (even if they did not mention a cash flow in the AGM) or it is dead for what ever reason which also needs to be explained. 

Simple question, what happened? Why we need to read between the lines again, special jargon for lawyers etc. They can simply say "as the partrner could not move forward in the given deadline, in parallel we decided to move on while keeping the negotions going on." Do we still have a partner or not? Even this info is not there and you are again trying to interpret words. Come on it is not that diffcult to tell the truth.

And I belive this was done intentionally. Still to leave room for pump. I am afraid nobody trusts anymore to their forward looking statements.

Bullboard Posts