Sirona Biochem Corp V.SBM

CEO bought 100k - just filed

[biorun]

Ok, shot from the bow. That is a strong signal.

[lscfa]

I hope you're wrong. If an insider is buying there is no material news imminent.   

[biorun]

Not so simple. There is an important nuance to what you are saying. if he has no contract in hand (yet) then the moment he does, then he would be in blackout until it was publicly disclosed. I see this as extreme confidence that he sees something coming, but not yet in actual possession.

[lscfa]

He probably exercised expiring warrants and it has been reported wrong as open market purchase.   

[biorun]

That is also a possibility.

[Ticklel1st]

Biobum..you are nothing but a p.o.S pumper.

[biorun]

Not pumping anything. Everyone controls their own buy and sell button bum tickler. Ultimately if there is something worth taking notice of, then why not point it out. 

[sakinny3]

[Pandora]

As of 11:59pm ET October 1st, 2021 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Oct 1/21 Oct 1/21 Verrico, Howard Jarman Direct Ownership Common Shares 10 - Acquisition in the public market

[forhandlaren]

I think the insider buy is more of a strategic nature than a minor addition to the millions of shares that he already owns for growing wealth. According to the last NR there was meetings scheduled with the top-10 pharma company with the sole purpose to nail a deal. So when the CEO bought his 100K the negotiation meetings had begun. Pure speculation, but I think that SBM has put forward pretty

[biorun]

100k in shares will do nothing here to support the share price. Warrant holders would be looking for more of a differential than 2-3 cents on their exercise price. As I said, either we are 5-6 million less in dilution by October 16 or the hammer drops and something goes, along with adding $1M to coffers. Either way, we are better off. The sedi confirms it was a buy on open market, pure and simple

[lscfa]

Why the hell not acquire more shares by exercising options or warrants even if they are not about to expire? That way money flows to SBM coffers. I still think the insider filing will be corrected to show it was not an open market purchase.