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Kane Biotech Inc V.KNE

Alternate Symbol(s):  KNBIF

Kane Biotech Inc. is a Canada-based biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. The Company has a portfolio of biotechnologies, intellectual property (66 patents and patents pending, trade secrets and trademarks) and products developed by its own biofilm research expertise and acquired from research institutions. DispersinB, coactiv+, coactiv+, DermaKB, DermaKB Biofilm, and revive are trademarks of the Company. Its patented coactiv+ technology is specifically formulated to destabilize biofilm and create an environment for fast wound healing. In Wound Care & Surgical applications, in addition to revyve Antimicrobial Wound Gel, it is developing follow-on products with three applications: coactiv+ Antimicrobial Surgical Hydrogel, coactiv+ Antimicrobial Wound Gel Spray, and coactiv+ Antimicrobial Wound Rinse. The Company's other biofilm disruption technology is DispersinB.


TSXV:KNE - Post by User

Bullboard Posts
Comment by newGuy01on Jan 27, 2014 11:21am
143 Views
Post# 22137789

RE:RE:Gord exercises 150k of 15 cent warrants

RE:RE:Gord exercises 150k of 15 cent warrants I think the move was designed to show the option agreement is near and it was intended to promote the same type of 'hype'/'urgency' as the last PR when we saw Renaud dish out cash, the extension of warrants and the announcement of an exclusive option. The next round of financials should show us what kind of cash came in the door as a resulf of the exclusive option from our mystery company. I'm still trying to grabble with what kind of dollar value I'd realistically expect. One would think if its a long dated option the dollar value of the initial payment might be high because the company would need to be compensated for the term premium of the option. We obviously don't want to see a long dated option because we want this deal consumated right now. But on secound thought a big dollar down payment on this option could shore up our thoughts that there was alot interest from multiple companies. Speculating on this kind of stuff is in vein because who knows how right or wrong we may be. Facts are black and white and right now things look promising.
Bullboard Posts