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Kane Biotech Inc V.KNE

Alternate Symbol(s):  KNBIF

Kane Biotech Inc. is a Canada-based biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. The Company has a portfolio of biotechnologies, intellectual property (66 patents and patents pending, trade secrets and trademarks) and products developed by its own biofilm research expertise and acquired from research institutions. DispersinB, coactiv+, coactiv+, DermaKB, DermaKB Biofilm, and revive are trademarks of the Company. Its patented coactiv+ technology is specifically formulated to destabilize biofilm and create an environment for fast wound healing. In Wound Care & Surgical applications, in addition to revyve Antimicrobial Wound Gel, it is developing follow-on products with three applications: coactiv+ Antimicrobial Surgical Hydrogel, coactiv+ Antimicrobial Wound Gel Spray, and coactiv+ Antimicrobial Wound Rinse. The Company's other biofilm disruption technology is DispersinB.


TSXV:KNE - Post by User

Comment by MirrorWorldManon Nov 13, 2024 1:27pm
29 Views
Post# 36310697

RE:RE:RE:RE:Acquistion

RE:RE:RE:RE:AcquistionHe is no troll. That was me that posted purchase price, it was at the end of the NR and may have been overlooked. We all overlook things sometimes.  On the topic of this acquisition, it looks like Marc may want to go it alone a little as a side hustle. I think its an interesting idea to control commercialization through an established business network and grow it. I am against dilution, but the 3 year escrow ensures the shares are not dumped prematurely. The warrants at .25 does signal an expectation, as does Marcs option to provide shares in lieu of future purchase price payments. Nice to have the transparency in the NR. 
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