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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 > Suspicious timing
View:
Post by lscfa on Apr 25, 2023 10:59am

Suspicious timing

Why not do the financing after the release of these clinical results and at a higher share price. Incompetence or self-enrichment?
Comment by navajojoe on Apr 25, 2023 11:09am
This post has been removed in accordance with Community Policy
Comment by Turtle4 on Apr 25, 2023 11:18am
I think they simply had no choice but to do the financing at that time.
Comment by ark88 on Apr 25, 2023 11:24am
I agree, odd timing but the CEO did buy $500k of this offering which is pretty serious. Let's see if they have something material to release in the pipeline.
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