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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 biorunon Jul 07, 2022 9:00am
162 Views
Post# 34807817

RE:Risk for further dilution?

RE:Risk for further dilution?PRC is not in the know here about the financials of the Abbvie deal in my opinion. I have thoroughly investigated every angle of that question and to the best of my knowledge there is nothing to indicate a break in disclosure compliance with Abbvie. The shorts simply took advantage of the run, the uncertainty of non disclosure, and diarrhea doubt some here have a fascination with and took it to town, plain and simple. 

As for dilution, a more likely scenario is:

1. numbers of Abbvie deal are disclosed per sec reporting compliance 
2. Sirona signs a global deal with one to four pet therapy conglomerates 
2.5 New CEO is announced 
3. Anti-aging trial results in a partnering arrangement with a top 10, likely Abbvie again in my opinion as they already understand in depth the molecular science from skin lightening and the word Botox seems to come up routinely by Sirona, not sure why.
4. New human trials announced for alternative therapy for sglt2 
5. The price per share grossly exceeds the minimum threshold requirements for uplisting
6. The company gets a takeout offer and we are all done.

None of these require a significant "heavy lift" here as much of the scientific momentum is there already. Note Anti-vaxxers will not understand that one, ie the scientific facts.

I have been here for 10 yrs too and the odds look reasonable this week as we stand at 0.23, to put it mildly.

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