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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

Post by forhandlarenon Jan 01, 2022 5:44am
482 Views
Post# 34275774

Open Letter to Management

Open Letter to ManagementDear Management,

The closing price for 2021 was 0.175 compared to 0.325 in 2020 (and 0.440 in 2019). Do you consider this a severe problem or not?!

- street cred has been gained with the R+F deal
- cash flow (should have been much better if you had brought Linda Pullan to the R+F table)
- ongoing negotiations for a global TFC 1067 deal
- ongoing in-vitro for antiviral to jump on the COVID-19 commercial train
- anti-aging is approaching clinical trial - that will compete with Botox

There's so many commercial opportunities, but the share price reflect that the investor community doesn't expect any substantial value to be added. I think this is a severe problem - do you agree or not? 

It's not so much about finally close the TFC 1067-deal, but rather that trust has been eroded along the way. The expectations among investors are next to none. The low activity on this bullboard also reflect the interest in the company.

If you actually care about maximizing shareholder value, please use part of the payment to appoint another CEO - like it or not - that would probably double the share price overnight.
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