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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

Comment by Pandoraon Jun 13, 2022 10:37pm
137 Views
Post# 34754012

RE:RE:Seems clear

RE:RE:Seems clear
Engcan77 wrote: I agree with Mirror. they should have halted the stock.(Probably when they froze the Website) Which i assume the deal was signed at that time. Then, put out a news release that equalled the fantastic news of a life changing development that has changed the future of the company. The news release is blah. Show a bit of enthusiasm instead of being so 'matter of fact'.  
As we know also...leaving out the numbers is a killer for any chance of an immediate huge rise in the share price. Maybe more news that is expected to come soon will change that.
With this kind of news today, we should be flying high, and not feeling so disappointed.


I can certainly agree with that. With such a big name corporation being in the deal it should have warranted a "halt" followed by a very uplifting, positive news release. Instead, they do a Monday morning premarket news release on what turns out to be one of the worst trading days of the year. Doesn't seem as though it was well thought out, but who am I to judge.
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