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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 MirrorWorldManon Mar 24, 2023 9:44am
134 Views
Post# 35358345

RE:New Financing

RE:New Financing Guaranteed dilution to pay interest and principal for holders of debentures/warrants. How else will it br paid? By future revenue? We all know the odds of that... So Howie is borrowing more money, issuing nore shares again, to pay for salaries.  All he knows how to do is dilute. Investing his own money at a high rate in his own company to pay himself and then issueing shares in the future to guarantee all his proceeds back. Sickening.  How much is AbbVie contract worth and what are the timelines? Goof just has to report that ..
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