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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 > New Press Release - Sernova Corp. Announces Change of Auditor
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Comment by rixpix on Oct 24, 2022 10:59am
By Hiring KPMG, SVA is now in the big leagues. Creative accounting is a thing.  2+2 = anything you want it to be.  Take from it what you want. All IMHO!  
Comment by MustangSalley on Oct 24, 2022 11:51am
Are you serious? Anybody can hire PWC . The fact they could of released this on Friday or in conjunction as a footnote to other significant news is head scratching. This has to be worst fluff news ever from Sva . Btw the books are so good that paid Swetlow 5 million in options? Getting good value for $1 million in IR PR . MS
Comment by BioTeck on Oct 24, 2022 12:17pm
LOL. Oh Rixy, they are in the big leagues alright. Big leagues of expensive auditors. Sernova needs to make money before you can worry about creative accounting. Unless they are legally required to disclose in a separate NR, this is just a make work project for the million dollar IR company. They are really earning their keep! 
Comment by MustangSalley on Oct 24, 2022 1:00pm
But Bioteck, a big league accounting firm means that Sva is now the real deal and they must have a top tier firm to do a deal or potential buy out by pharma.  Stop being silly Bioteck, don't you see the big moves happening for the take out.  They should of halted the stock for this news release .. I mean it might of stopped the sudden movement of share price.
Comment by rixpix on Oct 24, 2022 3:34pm
You both misunderstood. "Big leagues" was mentioned sarcastically.  (I don't have any sarcastic fonts to use). Truth is there's no need for SVA to spend money foolishly when they have no revs, hence no need for a more well known and more expensive accounting firm, hence no need for creative accounting.  Only reason I can think of them changing is EVO insisted they go ...more  
Comment by Mercuryfilling1 on Oct 24, 2022 8:53pm
Don't worry, Rix. Some of us caught your drift. Don't know if the correct term is "ironically" or "sarcastically" but what followed your "Big Leagues" quote was pretty obvious. "Creative accounting is a thing.  2+2 = anything you want it to be." Love that line! A lot of the navel gazers here are too caught up in their own importance to catch the ...more  
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