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Bullboard - Stock Discussion Forum Sembiosys Genetics Inc. SBIYF

"SemBioSys Genetics Inc is engaged in developing high-value proteins and oils in plant seeds using its unique proprietary genetic expression and manufacturing technology platforms. The Company has operations in United States and Canada."

GREY:SBIYF - Post Discussion

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Post by xsnrg on Apr 04, 2012 9:48am

Buying

I too am buying, this will get ugly before its gets better but well be sitting on the Venture in a couple months laughing about today....I cant even believe SBS stayed on the TSX this long to be honest...most of the time when you dip below 10 cents the TSX makes you take action, this was at least voluntary.
Comment by 767pilot on Apr 04, 2012 10:05am
I agree......the 'demotion' to the TSXV makes sense.   The thing that concerns me is that they also state they are laying off most of the employees
Comment by RE38 on Apr 04, 2012 10:11am
Well...that'll reduce their burn rate at least....   The one thing is if they have the JV where Tasly takes all of the costs, they don't really need employees. It's a hail mary pass situation now but it's better than selling at 1 cent.