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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. Its segments include development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and, and development and commercialization of novel and proprietary products or technologies, such as Kinlytic. Its Kinlytic urokinase is a biologic thrombolytic drug used to treat blood clots.


TSX:MBX - Post by User

Bullboard Posts
Post by ciretaka198on Dec 21, 2020 8:07pm
133 Views
Post# 32158279

Are insiders free to sell their shares and hold warrants?

Are insiders free to sell their shares and hold warrants?I know when the most recent PP finnancing took place units were offered for 20 cents each unit contained one microbix share and one purchase warrant with a 36 cent strke price good for five years.  Can these units be seperated for example could some seperate their units and sell the shares and keep the warrants for the next four years with little downside risk? Sweet if its true for those  holders anyway. To bad they didn't add a trigger such as if the shares trade above 40 cents for ten consective trading days the warrants will expire in thirty days or sometning like that. In order to force warrant holders to pump money into company coffers at a higher share price for less dilution and much needed cash. Why do I think this company is going back to the well at a low price again?Hopefully not. GLTA
Bullboard Posts