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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

Comment by Smokey1958on Oct 11, 2024 11:23pm
172 Views
Post# 36263625

RE:WHEN THE DUST SETTLE'S,,,,RS

RE:WHEN THE DUST SETTLE'S,,,,RSWhat is not worth $50 million? Market cap is a relative measure used to compare stocks. THRM as it stands now, and even up to $250 million, is not even considered a small cap but instead a micro cap company. Obviously it has value as measured by the market ...which is what is most important.

Market cap also provides a number that allows the investor to make qualitative assessments of the company. By its very nature as a micro cap, THRM is volatile and risky ...represented in the significant change in sp over the last month or so. IF the PP are filled at the same time Venowave sales accelerate there is a perfect and reasonable storm for a positive sp move. At that point and with an expectation of continued sales a market cap of $50 million (sp of $.10) to $100 million (sp of $.20) would not be unreasonable at all.

With measurable success, an R/S would be a reasonable expectation as investor return could still increase ....particularly with the other irons that are already in the "fire" and accounted for (in share dilution).

GLTE!!!
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