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Braxia Scientific Corp C.BRAX

Alternate Symbol(s):  BRAXF

Braxia Scientific Corp. is a Canada-based medical research and telemedicine company with a clinic that provide ketamine treatments for persons with depression and related disorders. Through its medical solutions, it intends to reduce the illness burden of brain-based disorders, such as major depressive disorder, among others. The Company is primarily focused on owning and operating multidisciplinary clinics, providing treatment for mental health disorders, and research activities related to discovering and commercializing novel drugs and delivery methods. It seeks to develop ketamine and derivatives and other psychedelic products from its IP development platform. The Company has clinic operations in the Canadian cities of Mississauga, Kitchener-Waterloo, Ottawa and Montreal. Its subsidiary, Braxia Health, is engaged in offering rapid onset treatments to aid those suffering from several treatment-resistant conditions, such as depression and bipolar disorder.


CSE:BRAX - Post by User

Comment by DustinFon Sep 29, 2020 2:36pm
251 Views
Post# 31636154

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SHRMF Back from dead?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SHRMF Back from dead?

Where have you found that the clinic is making money? I can't find it anywhere.
They rescinded the majority of their expansions considering Covid, so who know's how long it will be before they can continue and, in order for them to do so, they will need to issue more shares. They will be issuing shares regardless just to stay afloat to pay for operating expenses. Thus reducing shareholder value until this clinics find their ground. 
Every company has the ability to increase revenue but we are far off the mark. Having a good name and a beautiful ticker won't be enough to bring shareholder value. 
My post is bi-partisan, looking at this company objectively. I also know people who've been invested in this company, well over $1.5 and it will be years until they see it back if they're lucky. 

The stock has been halted for months. The time of being optimistic is over, the hype train is done. Now's the time to look at the facts/fundamentals to see what's currently occuring to help discern the good investments from the bad. Ultimately what will bring shareholder value. And currently, there isn't much. 

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