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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
Comment by BigShoes13on Sep 19, 2014 2:25pm
113 Views
Post# 22953115

RE:$100 million valuation

RE:$100 million valuationSakinny Yes nice to see a reasonable post. Although when talking about $100 million, isfca was talking about valeant buying the skin lightener for $100 million, ie. writing a cheque to SBM for this amount not having a market cap of $100 million.... Like you say a lot about this stock is theoretical. Almost all actually. But hey it is a speculative stock and people should know that.... Regarding costs of only $2,000,000 that is quite an assumption. The last financials released for the 6 months ended April 30, 2014 showed expenses of $2.3 million so an annual rate of $4.6 so I don't see how $2.0 is possible.... Then to assume that Obagi will generate sales of $240 million is a huge assumption in my opinion. It is simply a hope on your part, and most others here. To simply think that this product will generate $240 million is just a guess. This is a highly competitive industry so it is quite possible that the revenue will be zero. I would say zero is more likely than $240 million... but of course $240 million is possible..... Of course this is a speculative stock and therefore you are taking a risk and with high risk comes higher reward but I think you are making a bunch of very optimistic assumptions... The rest of the investment world knows exactly what you have posted.... If everyone else knows this information then why is the stock still at $0.14?????? This is really the key question. Institutional investors have looked at SBM and I can only assume they have thought the risk outweighs the reward. Furthermore, the company announced a $5.3 million PP yet was unable to fill it. Why???? Obviously these investors looked at it and weren't satisfied with something..... Anyway, bottom line is that I think all you say is possible.... but very unlikely.... I think there are much better companies to invest in.... with better prospects and with management that is more concerned about shareholders.... as I have said in the past, I think management is much more concerned with filling their own pockets with shares, salaries, bonuses, etc.
Bullboard Posts