Sirona Biochem Corp V.SBM

Alternate Symbol(s): SRBCF

Healthcare Biotechnology

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).

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Sirona Biochem Corp > Reason Why Sirona's Stock Has Dropped

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Comment by Kingkoion Aug 22, 2020 6:19pm

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Post# 31442338

RE:RE:Reason Why Sirona's Stock Has Dropped

JohnFriesen wrote:

Kingkoi wrote: The IR contract with the German group has expired and I suspect that is the reason why our stock has dropped dramatically.

But just wait and see what happens in September. I bet that Sirona will enter into another large IR contract with the German group and the stock price will rocket again.

I would not be surprised if the contract would be for around $300,000 for a one year contract with all of the fees payable upfront. I suspect that the German group will also receive a large stock option grant, probably around 1.5M stock options exercisable at $0.20. I also suspect that they will exercise the options right away. The exercise proceeds will then pay for the IR contract, which effectively will give them 1.5M shares for their services.

Does that make sense? Does it sound like something that Sirona could or would do?

So what you are saying is that by hiring a new IR to pump the stock is the best way to boost the share price?

How about SBM actually producing some results?