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Bullboard - Stock Discussion Forum Tetra Bio Pharma Inc TBPMQ

Tetra Bio-Pharma Inc. is a Canada-based cannabinoid-derived drug discovery and development company. The Company has developed a pipeline of cannabinoid-based drug products for a range of medical conditions, including pain, inflammation, and oncology. The Company has a pipeline of formulations and drug delivery systems with a portfolio of assets from the early research and development phase to... see more

GREY:TBPMQ - Post Discussion

Tetra Bio Pharma Inc > Today’s deal
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Post by Golddetector on May 05, 2022 8:32am

Today’s deal

The deal also imply a minimum discounted 30M evaluation for tbp as it does not allow more than 20% ownership for new partner with 7.5M and it will adjust sp according. That is about 7.5c Current mc 25M is very discounted at 6c so we might see correction to about 10c in the next few days imo
Comment by Golddetector on May 05, 2022 9:07am
After one more detail read And considering current capital market condition it is a very good deal imo. It also shows long term interest in Tbp by the other party. It also shows that current Tbp evaluation is not fair as that deal gives it above 50M and minimum 30M cutoff indication in the official contract. This and Quebec funds should keep Tbp going for the next year or so. Very good to see the ...more  
Comment by Albr035 on May 05, 2022 9:22am
The correction will happen for sure during the few coming days to bring us to sub 0.03$
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