Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by bealerton Mar 30, 2021 12:34am
438 Views
Post# 32904113

RE: Financials

RE: FinancialsPandora, many of us are just tooooo weary from babysitting this company for too many years and are very frustrated with the outcomes from their endeavors..  The market reacted one day before the last news release so that may say that the pre release price already had the news factored in, hence the price flop started immediately.  Usually there is some follow thru to be expected from news releases, but this time the wise traders got the vibes early.

My take from the financials is that money will soon be needed as the payables due now or soon are nearly more than the liquid assets, hence either a PP or milestone payment is needed right soon or some other debenture or whatever is possibly available.

I know they are trying but we need a more reactive management, rather than a passive one.  If you are already getting one healthy paycheck, your second one(from SBM) is not as urgent unless you are practically getting it free which parallels what is happening now.

We are in a race against a merciless clock right now and we MUST HAVE some very positive action real soon.

BeAlert, everyone and seize the moment when it happens.


<< Previous
Bullboard Posts
Next >>