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Bullboard - Stock Discussion Forum 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... see more

TSXV:SBM - Post Discussion

Sirona Biochem Corp > Rinse and Repeat
View:
Post by Pareto8020 on May 05, 2021 12:09pm

Rinse and Repeat

Keep in mind SBM has repeatidly missed deadlines and keeps pushing out dates.  For those new to SBM the below is from their 2016 Investor Presentation.  Now the tech is eventually going to pay off and probably soon but managements stumbles to get to the pay-off are just painful to watch as an investor
Comment by Pareto8020 on May 05, 2021 12:14pm
Sorry looks like I can't cut and paste but here were their forecasts from 2016: TFC1067: 2016E Upfront payment of $90M in Q2 (**) 2019E Milestone payment of $98M (**) 2020E Ongoing royalties totaling $715M (**) Material Assumptions / Factors Assumes exclusiveworldwide rights •Peak penetration at year 10 = 15%. •10 yearsales period from 2019 to 2028. (20 year patent protection ...more  
Comment by MirrorWorldMan on May 05, 2021 2:08pm
I remember watching one of Howie's live investor presentation at one of the many investor conferences they participated. His words back in 2016 was that he was very confident that they will get $90MM upfront. I was also a little surprised at their inability to explain to the audience what a SGLT2 is and what are its benefits..
Comment by Pareto8020 on May 05, 2021 3:54pm
Yes and I remember him pointing to the upfront payment and saying they wouldn't need further financing since that would easily carry them forward for the foreseeable future. Ah memories. Surprised they don't at least have the SGLT2 trial results (after 7 years) or the animal contract news since it sounded so close at the end of 2020.  They will arrive when they are supposed to I ...more  
Comment by Ticklel1st on May 05, 2021 7:26pm
Part time howhee and hoppie know how the vancouver scam exchange works.  the only ones making money are the vancouver pigs of Smb. And this is a part time job for them. don't believe me? Ask them what their main job is.
Comment by Ticklel1st on May 05, 2021 12:37pm
Painful?? It's disgusting to say the least.Year after year and now we are in decade after decade of missed initiatives that the keep recycling. Painful...too funny. It's disgusting.
Comment by Dareg on May 05, 2021 12:39pm
I don't think this stocks SP can take anymoire good news. One more favourable news release and we could be trading in single digits... IMHO.
Comment by Ticklel1st on May 05, 2021 1:10pm
Even the R&F deal, the pigs are too afraid to release the financial terms and what it means (or does not mean) to shareholder value. To say it is NDA, is just anothe failure of pigs to look after shareholders interests. I bet any money coming from the deal went to mamagement bonuses..that would be my guess. Of course, Howhee can tweat a reply to that.  I'm get more and more fed up ...more  
Comment by pointer on May 05, 2021 1:39pm
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