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Bullboard - Stock Discussion Forum Sernova Corp T.SVA

Alternate Symbol(s):  SEOVF

Sernova Corp. is a Canada-based clinical-stage biotechnology company, which is developing therapeutic cell technologies for chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include hemophilia A. The Company is focused on developing a functional cure for insulin-dependent diabetes with its therapeutic cell technology, the Cell Pouch System, a... see more

TSX:SVA - Post Discussion

Sernova Corp > J$ summary
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Post by donkeyfeathers on Feb 03, 2021 9:40pm

J$ summary

Very good summary.  I would add that based on the MDA where you saw numbers around annual cash burn, these funds along with the warrant top up, provides a minimum 2 year window where there is no need to go get cash from markets or collaborators.
What does that window of time do for the company?  Ask Phillip.  What does the window do to co. finances?  Ask David.  How much science can be proven out, and what new technologies might be purchased?  ????  

Thinking we need at least two more years to prove out, tells me the licensing strategy must be seen as potentially more lucrative than what I thought a direct sale would provide shareholders in the next year.  This is a sign that the board does NOT see any competitive threats for a while at least.  And, the next fair value level is a double from here.  Doug Loe and friends certainly think so.
(I will be buying tomorrow if we go below $1.20)
DF

Comment by rixpix on Feb 03, 2021 9:48pm
Donkey, get your $$$ ready, because i can say with almost certainty that you'll get filled tomorrow, so put your order in from now at $1.18 to get priority, and get filled first. What brokerage house do you deal with, if you don't mind me asking.
Comment by donkeyfeathers on Feb 03, 2021 9:51pm
National Bank. DF (and I do want the best price I can get, so we'll be timing that trade :)
Comment by rixpix on Feb 03, 2021 9:57pm
DF, Good luck, man.  Personally, I think you'll be able to get it cheaper than the 1.18 I said. GL! 
Comment by BioTeck on Feb 03, 2021 10:07pm
You should sell at market tomorrow at open and pick up your shares cheaper Rix. You could be right...or wrong.
Comment by rixpix on Feb 03, 2021 10:11pm
BioT, I thought I was clear before. I don't like trading, especially day trading. No, I'll keep.holding my shares, not buying or selling any, and we'll see where it goes. GL.  
Comment by clutchbeyers on Feb 03, 2021 11:23pm
Look at you short-term sally's getting all hell bent you didn't make a quick million bucks overnight. Has anything changed on their pipeline and strategy? Are they still in great position with everything they lined up to get the cell pouch in the next Phase? You lunatics need to calm down and stop crying. Keep the focus on the true deliverable here.
Comment by BioTeck on Feb 03, 2021 11:56pm
I agree with clutchbuyer. The money involved here is chump change. I nearly have the amount of commons involved in this deal. There is more than meets the eye here, not just a quick cash grab. Insiders have not sold anything yet, if they knew a PP was coming and were as shady as people here are making them sound they would have sold some into the rally and topped up with a warrant to boot. You can ...more  
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