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Sernova Corp T.SVA

Alternate Symbol(s):  SEOVF

Sernova Corp. is a Canada-based clinical-stage biotechnology company, which is developing therapeutic cell technologies for chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include hemophilia A. The Company is focused on developing a functional cure for insulin-dependent diabetes with its therapeutic cell technology, the Cell Pouch System, a novel implantable and scalable medical device with immune protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device. The Cell Pouch is designed to create a vascularized organ-like environment for the transplantation and engraftment of therapeutic cells. Its regenerative medicine therapeutic approach is to provide cell therapies where the cells, transplanted within an organ-like vascularized implantable device, the Cell Pouch, generates proteins, hormones or factors released into the bloodstream for treatment of diseases requiring replacement of these molecules in the body.


TSX:SVA - Post by User

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Post by elgin1on Dec 13, 2020 1:31pm
174 Views
Post# 32095877

Jwal. Comment

Jwal. Comment
Big shareholders like "elgin1" are getting nervous that Dr. Toleikis won't get the job done as the three months extension time bomb is ticking away. Dirty Harry would ask "Do You Feel Lucky?"... see movie clips... 

Jwal,

You  are so emotionally involved with this company , you do not look at the potential risks associated with it. You do not understand the dynamics of investments. In order for an investment to succeed you need three things.

1) Asset - it could be an idea, business, mine , ip , oil field , digital idea, product etc , in our case the pouch . Disruptive technolgy .

2) Timing . This is important . Timing in a cycle is critical. Commodities follow cycles. Crytocurrencies and biotechnology are in favour now . We have a bull market. If you introduce something in a bear market , or at the cycle low or say when the competitor Siligon or Viacyte already have something in the market, your investment is going to fail.

3) Management . This is the most important part . If you have an excellemy asset ( the pouch) and timing ( we are the leaders in the field with the most advanced clinical Fda trials) and management fails to execute, your investment is going to fail or not achieve its maximum return . Management is weak , look at their track record.  I look at this investment objectively . Bioteck has valid points .  It is critical for management to deliver .  I am not nervous and have vast amount of experience in this field  and management is the weakest link imo.Management  hopefully pulls this through. Go ahead ask all the longtime investors in this board and ask them if they think you are right and I am being unreasonably critical of management .

Btw your requirement to list on Nasdaq are incorrect . Most ipos companies are not profitable . Do you know what Nasdaq even stands for “? National Association of Securities Dealers Automated Quotations”. 
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