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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > financial risk at TBP MD RECENT RELEASE
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Post by DONOOW on Jul 25, 2021 10:29am

financial risk at TBP MD RECENT RELEASE

Financial Risks The Company is in the research and development stage, has operated and is expected to operate at a loss until one of its lines of business becomes established and therefore will require additional financing in order to complete its research and development and to fund its ongoing and future operations. The failure to raise such capital could result in the delay or indefinite postponement of current business objectives or the Company going out of business. The Company’s ability to secure any required financing to sustain its operations will depend in part upon prevailing capital market conditions, as well as the Company's business success. There can be no assurance that the Company will be successful in its efforts to secure any additional financing or additional financing on terms satisfactory to the Company's management

fyi
Comment by SamV21 on Jul 26, 2021 1:08am
That is their out disclousure when the whole thing once again fails to produce results.It takes years of research and testing to get any of the dreams they have trying to bring to market..No big players care about them .Out of the last 16 trading days there have been 11 down days only 3 up days  and 2 days where the price was stuck and only 2 days  where the volume was any where near 1 ...more  
Comment by DONOOW on Jul 26, 2021 8:03am
I think that we are near the end. i mean end of the dream and the begining of the nightmare. when i try to add up all the things in my head i see that they turn around and every single news issued is useless for inestors ,the facts are not here ...
Comment by kmoneymoney on Jul 26, 2021 1:30pm
@DONOOW you are literally 50% of the posts on this bull board and all I see is you bashing the stock while claiming to own a bunch, if you own as much asyou claim to why are doing so? i'm almost certain you're one of these people shorting the stock and in a case similar to this where a company is trying to replace opiods with a safe alternative I'm not sure how you can have a conciense ...more  
Comment by DONOOW on Jul 26, 2021 2:07pm
explain me how are you sure it will be approved next quarter ? .
Comment by kmoneymoney on Jul 26, 2021 2:45pm
@DONOOW - Well, the submission of Reduvo to Health Canada was accepted on or around June 2nd. Health Canada doesn't typically accept submissions to start with if they see any red flags, and considering that this drug has existed for 20+ years in the U.S. as dronabinaol - for which most of the TBP's application data is based off of there is no real forseeable reason this drug could be ...more  
Comment by DONOOW on Jul 26, 2021 3:22pm
I want to beleive on what you said its very nice projection, lets hope that but remember by end of the year if nothing is approved lets stop dreaming ,see you eoy to celebrate or to cry !
Comment by Bangada on Jul 26, 2021 2:21pm
I dont get how you can read his comments and think he is a basher. He is clearly a hyper. Having so many negative thoughts on the company and owning that much stock anyways is a big selling point.  The only person on this board being more hype about TBP is KVDollars. Lets see how much Guy gives himself a raise this year again. Having so many reached milestones (milestones TBP 'cares' ...more  
Comment by Golddetector on Jul 26, 2021 8:12pm
You are correct. The three clowns typically show up in the slow times. They try to make some money from shortening on slow volumes. Soon they will disappear. There is really nothing worthy in their posts. It is just simple trying to spread fear so ppl sell. I wouldn't waste my time to answer their posts. Gl longs
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