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Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France with a specialization in the stabilization of carbohydrate molecules. The Company is exploring the areas of diabetes, dyschromia, anti-aging, anti-cellulite and antiviral therapies and relies on a business model of licensing patents to large organizations in return for up-front and milestone payments as well as royalties. Its two most advanced programs are the cosmetic skin lightener and diabetes drug. The Company's TFC-1067 is for the treatment of Dyschromia (Dark spots on the skin). GlycoProteMim is a novel anti-aging compound. GlycoProteMim is based on the naturally occurring glycoproteins found in Antarctic fish, known to protect them against environmental stressors. It is focused on three current antiviral categories: Neuraminidase Inhibitors, Nucleoside Analogs and Iminosugars. Its wholly owned subsidiary is TFChem S.A.R.L.


TSXV:SBM - Post by User

Bullboard Posts
Post by bealerton Jul 22, 2014 2:37pm
148 Views
Post# 22770655

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Brenti wasn't being negative, just inquisitive because of how the news release read.
Nobody likes dilution but I think this is a reasonable way to get the job done.  This will give us tremendous exposure and is metered out over 6 months so I think that lets us move forward without dipping into the bank account, and it's not unreasonable, but $150.000.00 worth of stock is still plenty enough for this type of service.  If they get it back into 20 cents or more, then it will have been well spent money.  If we diddle around this level, then the money will have been wasted and I too will be negative.

Bealert --- and read the signs carefully!
Bullboard Posts