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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 > Sigilon
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Post by BioTeck on Mar 24, 2021 2:30pm

Sigilon

We are almost worth as much as Sigilon now, and we didn't even have to get our share price up :)
Comment by woundedknee on Mar 24, 2021 4:47pm
A share split would give us a real good comparison. :) But that would be a disaster so we shouldn't go there.
Comment by rixpix on Mar 24, 2021 6:25pm
WK, In my 30+ years of investing reverse splits have had mostly negative results on companies. Most that do are forced to reverse split so they don't get delisted. Nabriva is one of them, NBRV. They did a reverse 1 for 10 split and lost over a third of their value over night. That was in December. Today they are even lower. Another one that most know is GE. A few weeks ago they announced that ...more  
Comment by woundedknee on Mar 25, 2021 6:52am
We all can give examples of pros and cons till the cows come home. But in no way can anyone say reverse splits are a "disaster" for evey stock. I get it, reverse splits are often used in failing companies and those companies eventually fail. You quoted GE, General electric has been going downhill for years and the market recognizes that so the stock price performs accordingly. Score will ...more  
Comment by rixpix on Mar 25, 2021 7:27am
WK Never did i say disaster, and i didn't talk about long term. I mentioned GE's reaction to a maybe reverse split, and you talk about their long term. For every 5 stocks you can find that had a postive reaction the next day to a reverse split announcement, I'll list you 50. Again, I'm talking about initial reaction of a stock after the announcement. Last point, You have every ...more  
Comment by woundedknee on Mar 25, 2021 8:57am
I never said you know very little.  You refered to your 30 years of investing as some qualification to tell us that reverse splits are bad. I indicated that it taught you very little about reverse splits. Not whether you know very little. Come on, really?  In your post it is quite obvious that you don't agree with a reverse split for SVA. And obviously there is no respectfully ...more  
Comment by rixpix on Mar 25, 2021 9:49am
WK. Macho? Lolol. You're doing it again. SMH. You didn't hurt my feelings, WK. Not even close. I disagreed with your point on reverse splits. I gave you examples. I don't know what else you want. It's fine to disagree with me, but I'm not continuing this discussion. It's not leading to anywhere. You can continue with others if you like. Enjoy your day..
Comment by Metalsguy1 on Mar 25, 2021 10:03am
rixpix. Welcome to the I am always right even when I am wrong gong show hosted by wounded knee. Just think of him as a mother-in-law.
Comment by woundedknee on Mar 25, 2021 10:06am
I didn't want examples, I wanted a specific reason why a reverse split would be bad for this company.. SVA. How would anyone here respond if management (instead of Me) did state they were going after an uplisting and consolidating? And I have to agree this discussion is going nowhere. &**&#^+**  :)  
Comment by Metalsguy1 on Mar 25, 2021 9:58am
More silly comments from WK. Yes we can all give examples but statistics indicate reverse splits are a negative. In the case of Sernoca, the company is years behind on the initial expectations with regard to the trial and endless rumors have percolated for years about a buyout or pharma deal. That is a lot of baggage. A reverse split would likely be one more bag on the pile. Didn't some ...more  
Comment by MoneyMouth on Mar 25, 2021 10:08am
I think WK made a good point when he said this company is sort of immune to grumbly old angry investors, because if the pouch works then the pouch works and all those pissed off investors who were angry by a reverse split and left will come running to get back in. Given the context, I can see a reverse split having a lessened impact than what we aee historically with other companies. At the same ...more  
Comment by woundedknee on Mar 25, 2021 10:42am
MoneyMouth...Finally someone willing to discuss and I agree with your last sentence. If this pops on successfull outcomes, then any R/S discussions will be forgotten. That's what we are all hoping for. gl
Comment by BioTeck on Mar 25, 2021 11:20am
Obviously RS are not disastrous for EVERY stock. It would be for this stock because there are lots of large legacy shareholders who have very little faith left in management and a RS would be the last straw, me being one of them. You can see what would happen by the reaction to your question on this board. That should be reason enough. No one thinks it's be positive besides you so that should ...more  
Comment by Redbaron2211 on Mar 25, 2021 12:37pm
If you listened to the last presentations Philip has basically said they are not going to do a RS it will come when the time is right and we have progressed naturally.  I think it's ridiculous to be worried about it either way.  Even if they did a RS it wouldn't be a desperation move, we actually already have a large enough MC to qualify for a nasdaq listing just need to ...more  
Comment by BioTeck on Mar 25, 2021 1:21pm
Lots of assumptions here Reddy but I fully expect this from you. My main points you've purposely missed to spread your rose tint rhetoric. I am fully aware what an NDA is but my point is that they should have negotiated the use of the pharma NAME upon signing. I'm not suggesting that they should fill investors in on every last detail of the deal. Secondly, Phil's presentation ...more  
Comment by Redbaron2211 on Mar 25, 2021 1:59pm
How many times have you seen the name of a major disclosed when they are in a NDA with a junior?  My point is this is the way things operate and the excessive antagonism doesn't do anyone any favors.  My optimism has served me well. If I see a reason to be an antagonist I will have no problem jumping on board but the results speak for themselves.  Sernova is one of the best ...more  
Comment by BioTeck on Mar 25, 2021 2:04pm
LOL, good one Red. Here is what my friends and co-workers at ViaCyte are up to. https://www.prnewswire.com/news-releases/viacyte-and-gore-expand-collaboration-to-develop-novel-membrane-and-device-technologies-that-enhance-delivery-of-cell-replacement-therapies-for-diabetes-301238263.html
Comment by Redbaron2211 on Mar 25, 2021 2:20pm
Yes they are all vying for the same thing but you can be sure GORE is never going to buy out ViaCyte.  AgeX Therapeutics is collaborating with Sernova using their UniverCyte gene technology to generate immune-protected universal therapeutic cells.  When it's mutually beneficial companies will disclose their names.  When it's not, they will remain anonymous.  ...more  
Comment by Metalsguy1 on Mar 25, 2021 5:07pm
Red. It does not matter whether a decision to do a reverse split would BE an act of desperation. What matters is how the market perceives it. Again the general consensus is that they are inherently bad. In my experiencing reducing the float in some cases just gives companies comfort with the next dilution
Comment by Redbaron2211 on Mar 25, 2021 5:38pm
In the context that I'm thinking the market would not have the opportunity to perceive it as bad.  It all depends on whos behind it.  Anyways like I said they are not going to do a RS and very likely will have more than ample opportunity to do it naturally. 
Comment by Metalsguy1 on Mar 25, 2021 8:09pm
Thus Biotecks rose tinted glasses context. The market is people and if you hadn't noticed from comments on this board, there are quite a number of shareholders here that directly or indirectly hold extremely large positions, some in the 10 to 20 million share range who would pack up and move on in the face of a RS. What you fail to grasp is that all of this lolling about means the overall rate ...more  
Comment by Redbaron2211 on Mar 26, 2021 12:34am
If the SP is going up after a RS and investors see green and more money in their account even the grumpiest shareholders will be happy it's that simple.  Your right doing a RS with out any backing would be stupid and a recipe for disaster I agree.  I also agree with Philip in that a RS is unnecessary and we will do an up listing when the price has appreciated. He appears to be ...more  
Comment by Redbaron2211 on Mar 26, 2021 12:44am
I know Bio would be all over Rogerio for his dramatic presentation but he needs to at least be able to talk for 15 seconds before being cut.  I count 10 cuts in a 1:45min video.  Philips' last big presentation he talked for an hour and a half without losing momentum.  It takes a serious passion to do that and it's something sophisticated investors and ...more  
Comment by BioTeck on Mar 26, 2021 1:19am
Lol here you go again making up assumptions. I've never doubted Phil's passion. I've seen that video and all their other presentations. Unlike you I don't even consider sigilon to be significant competitors. If you want to compare something about them, compare their board of directors to ours. The reason their video has cuts is because it's been filmed with an actual production ...more  
Comment by Redbaron2211 on Mar 26, 2021 2:03am
I'm not comparing their passion, I'm comparing their ability to captivate an audience and appear "sophisticated".  Nothing against Rogerio just think that the video despite the good camera was hacked together with poor editing/content.  Sure you can put whatever words in my mouth.   Anyways Philip is focused on the science that's painfully obvious and that is ...more  
Comment by Redbaron2211 on Mar 26, 2021 2:09am
Morgan Stanley, Jefferies, Barclays and Canaccord Genuity are the reason Sigilion is where it is.  
Comment by Charly50 on Mar 26, 2021 3:26am
"Let's see what happens now when the company has a decent amount of money. I think we'll have a much better chance of seeing some 4k videos and Phil is hiring help as he pushes the other indications forward." I agree!!
Comment by Metalsguy1 on Mar 26, 2021 12:06pm
yes that will push us back up 4k videos ;-) They had to have been working on the deal for at least a month. We ate now approaching April. They have had plenty of time to have a road map. That 23 million should have hit the ground rubbing not laying around on a beach in Bora Bora.
Comment by BioTeck on Mar 26, 2021 12:16pm
Look at that, the talk of 4k videos pushed the price from 1.44 to 1.54. 
Comment by Charly50 on Mar 26, 2021 12:42pm
..... und der Tag ist noch nicht zu Ende   :-)
Comment by woundedknee on Mar 26, 2021 9:16am
Redbaron..if I had known Philip's view on a R/S I probably would've stayed away from that discussion. Even so it was good to see what others thought.  Always looking for info..thanks or that.
Comment by woundedknee on Mar 25, 2021 2:20pm
Bio..That's what i've been saying as well. "...management really needs to lose the venture suit...."I agree with you 100%, so How do they do that?  The somewhat negative reaction of this board to what I have been saying is irrelevant to how the market reacts to sernova's sp. Explain other than what you define as poor management, what  all the baggage is that they ...more  
Comment by Metalsguy1 on Mar 25, 2021 4:59pm
Absolutely spot on analysis Biotek. Historical baggage and lack lack of consistent substantive news flow is already a dead weight. A reverse split would be just dumping the weighted body into the lake as far as the share price goes.
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