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Bullboard - Stock Discussion Forum Oncolytics Biotech Inc ONCY


Primary Symbol: T.ONC

Healthcare Biotechnology
Oncolytics Biotech Inc. is a clinical-stage biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and... see more

TSX:ONC - Post Discussion

Oncolytics Biotech Inc > ATM
View:
Post by lonc17 on Feb 23, 2024 3:02pm

ATM

Oncolytics creates and sells average of 3000 new ONCY shares every trading day just to pay MC's wages.
Comment by lonc17 on Feb 23, 2024 3:20pm
Note, they create and sell a ridiculous number of shares just to stay afloat. But close to 3000 of them (every day) are required to cover MCs wages. MC is like a highly paid underperforming pro hockey player that a team can sometimes find stuck on their payroll. What does he do at work each day?  Sudoku, I guess.
Comment by Noteable on Feb 23, 2024 3:23pm
I guess that's what takes to run a late stage company  ... no different from the rest. 
Oncolytics Biotech Inc
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