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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

Post by bealerton Mar 30, 2021 12:34am
426 Views
Post# 32904113

RE: Financials

RE: FinancialsPandora, many of us are just tooooo weary from babysitting this company for too many years and are very frustrated with the outcomes from their endeavors..  The market reacted one day before the last news release so that may say that the pre release price already had the news factored in, hence the price flop started immediately.  Usually there is some follow thru to be expected from news releases, but this time the wise traders got the vibes early.

My take from the financials is that money will soon be needed as the payables due now or soon are nearly more than the liquid assets, hence either a PP or milestone payment is needed right soon or some other debenture or whatever is possibly available.

I know they are trying but we need a more reactive management, rather than a passive one.  If you are already getting one healthy paycheck, your second one(from SBM) is not as urgent unless you are practically getting it free which parallels what is happening now.

We are in a race against a merciless clock right now and we MUST HAVE some very positive action real soon.

BeAlert, everyone and seize the moment when it happens.


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