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Sembiosys Genetics Inc. SBIYF

"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."


GREY:SBIYF - Post by User

Comment by 767piloton Apr 03, 2012 12:25pm
94 Views
Post# 19753266

RE: RE: Is it .10c yet ?

RE: RE: Is it .10c yet ?

Doubtful that 5 cents is the bottom.........they havea cash burn of $ mil plus per year and they have $250K in the  bank........they are going to need to raise more money.......how I am not sure but it can't be good for those of us that are long.

 

Too bad RE38 and JHarbaugh weren't more effective in promoting the company so they could do a less dilutive financing.

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