Bullboard - Stock Discussion Forum Sembiosys Genetics Inc. SBIYF

Healthcare Biotechnology

"SemBioSys Genetics Inc is engaged in developing high-value proteins and oils in plant seeds using its unique proprietary genetic expression and manufacturing technology platforms. The Company has operations in United States and Canada."

Add To Watchlist

Bullboard (GREY:SBIYF)

View:

Comment by RE38on Apr 04, 2012 11:23am

RE: RE: RE: RE: buying

Once I got my head around this, I know it's worth more than dumping at 1-2 cents. Look at INT's 2010 financial statements. Ended Sept 30, 2012 - not ONE penny of cash, $9M in debt. They turned ...more

105

Discussion

Comment by AlfredFettucineon Apr 04, 2012 11:05am

RE: RE: RE: buying

At these levels, I suspect some major buying will be coming in throughout the month. Risk/Reward looks too good. Do not be surprised we move back past 5 cents in a hurry. AF

134

Discussion

Comment by xsnrgon Apr 04, 2012 11:02am

RE: RE: buying

Thats what I am thinking, there are three possible outcomes to this: 1) They get financing 2) They get listed on the venture 3) They get nothing and this thing goes to zero We are trading like #3 is ...more

104

Discussion

Comment by AlfredFettucineon Apr 04, 2012 10:55am

RE: buying

Buying here too. Going to average down for when this flips over to the venture. WIll be worth more than a nickel soon. AF

102

Discussion

Post by Vanhopeon Apr 04, 2012 10:34am

How do you read this

On October 10, 2011the Company signed a strategic partnership with TianjinTasly Pharmaceuticals Co. Ltd. and Tasly Pharmaceuticals Inc. This partnership has not resulted in any financial benefit to ...more

366

Comment by RE38on Apr 04, 2012 10:11am

RE: RE: Buying

Well...that'll reduce their burn rate at least.... The one thing is if they have the JV where Tasly takes all of the costs, they don't really need employees. It's a hail mary pass ...more

134

Discussion

Comment by 767piloton Apr 04, 2012 10:05am

RE: Buying

I agree......the 'demotion' to the TSXV makes sense. The thing that concerns me is that they also state they are laying off most of the employees

134

Discussion

Post by xsnrgon Apr 04, 2012 9:48am

Buying

I too am buying, this will get ugly before its gets better but well be sitting on the Venture in a couple months laughing about today....I cant even believe SBS stayed on the TSX this long to be ...more

214

Comment by RE38on Apr 04, 2012 9:38am