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Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its product offerings include Covid-19 diagnostic test product line, such as AcuVid COVID-19 Rapid Antigen Saliva Test and AcuVid COVID-19 Rapid Antibody Test; Sores & Bite Inflammation Therapy product line, such as InterceptCS Cold Sore Prevention System and TherOZap, and Muscle Pain & Blood Circulation Health Therapy product line, such as Venowave, which is a circulation booster designed to improve circulation in the lower extremities. Its products include Benepod, Inretio, AI4LYF, Invixa and Instatin, and others.


TSXV:THRM - Post by User

Post by cote101on Feb 11, 2022 8:47am
206 Views
Post# 34419507

Analyse from Yahoo board

Analyse from Yahoo board1. It’s only been 8 business days since the PR on Jan 31st indicating that the study (in terms of performance with regards to recruitment & testing) was completed. As indicates therein, the clinical data needs to be tabulated with final results submitted to FDA for EUA consideration. Remember that the clinics are not controlled by THRM (to avoid conflict of interest) so they are at mercy of an independent process, as managed by third parties reporting to FDA, to finalize this stage of the process. 8 business days is a very short period of time considering the forgoing. 2. In its prior PR update on Jan 20th with respect to status of Study, Management indicated that results to that point were “very promising”. My take on this is that the intervening delay due to Covid spike over holiday season allowed THRM to have a peek at a smaller sample of results that made it through that extended period (hence,the positive comment) but that subsequent patients were somewhat rushed through the process so as to complete the Study by end of January as promised by the CEO. It is obvious that with focus on completion, he did not want to comment further on further results that he had not even seen yet 3. Too many people on this forum suggesting that THRM is late to the game given Covid is over. This is furthest from the truth and candidly very comical considering that 40% of the world population are not vaccinated yet, which makes the world prone to other variants and subvariants (eg . Stealth Omicron). THRM is positioned perfectly to take advantage in North America and across the globe if approval can be obtained. 4. The sales from Acuvid will be immediately accretive to bottom line and cash flow as order flow will require material customer deposits etc to ensure continual supply to the likes of schools, large employers and all. This will be viewed as a boon from valuation perspective by the market 5. Too much trash talk about shorting, swing trading specialist, etc! Really? The average daily volume is 550k shares at best with over 205M shares floating in market. The volatility in the stock prices by mere pennies is being driving by macro market volatility and resulting weak hands who choose to fold their position. Personally, I applaud this weakness as it allows me to pick up more shares on the cheap.
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