Khiron Life Sciences Corp V.KHRN.H

Whoever requested a halt this morning should be fired

[HandyAfterall]

They better have a better reason than the bought deal, to have requested this halt. Who requests a halt on one of the most obvious, predictable positive stock days???

[Benedictus]

Agreed. Absolutely moronic to halt for an already released pp news release. Sadly the share price is probably going to quickly trade down to .45 while it's peer PCLO is trading over a 30% premium to its current pp set price. Huge blindside and dilutive move today by management that better offer one helluva a webcast to try and rebuild the credibility they just destroyed with this NR. Anyone

[v1pro]

Ugly ugly ugly....then the bad part. I am a shareholder and will hold TIL I see if any kind of bounce. Then a not so fond farewell to another totally crappy  POS.

[HandyAfterall]

Incredibly stupid, borderline abusive move by management here. I hope they're hearing about this from big shareholders, behind the scenes. This is one of the dumbest moves I've seen. 

[Benedictus]

The company just announced in their last corporate update that they had $14.7M at the end of Q3 but also showed that the cash burn bumped up from $4M in Q2 to $5.3M, which was not insignificant. Assuming a similarly high burn for Q4 and Q1 would have puts them out of cash by Q2 (about the time management had stated many times they'd expected to be cash neutral). My guess is they're

[ORTsnort]

Q2 was covid death.  and only increased a little on cash burn.  THey are spending much less and going forward making more $$.  Youll see cash last a long time and revenue climb here.  Mark my words.  .40  is a steal and i got another 100K  yesterday as well!!!!!!

[Benedictus]

ORT feel free to see the situation however you like. I am pretty tuned into this company. I read the sedar docs and listen to all presentations and webcasts posted on the investor site. I read the lines and between them to try to discern if the company is on track and if management is credible.  Revenues growing is not the question here. Columbian and Peruvian scripts are slowly building

[robiz2]

I agree 100%

[CousinAdam]

After seeing the positivity from Friday I truly considered getting back in but wanted to see if it was just an anomaly or sustainable. The move is definitely curious and completely counter intuitive as Friday was the biggest increase in some time but i will wait to hear the explainaition