GREY:SBIYF - Post by User
Comment by
RE38on Feb 24, 2012 1:12pm
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Post# 19580866
RE: Make Me A Believer
RE: Make Me A Believer Just read up on who Tasly is and the agreement that SBS has signed with them. There won't be any more cash burn because Tasly is funding 100% of the costs. The burn rate in the past was to get SBS-1000 and the other technologies to a point to where someone like Tasly would JV with them. Just look at their past MD&A on SEDAR, their goal from the get-go was to find JV partners with big pockets.
Why do we need to bend over backwards to explain things to you, just read up on what's been recently released out there:
https://tsxwealth.blogspot.com/2012/02/finding-cheapest-plant-protein.html
https://seekingalpha.com/instablog/1107010-edward-vranic/336291-can-safflower-plants-win-the-battle-against-diabetes-and-cardiovascular-disease
The short term upside is the same as it was several weeks ago for MDX, EKG, MOM and now SBM today on the TSX and VVUS just yesterday. If SBS gets any positive news from the FDA it shoots to the moon. The FDA has been working overtime this year and seems to be in a good mood.