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Bullboard - Stock Discussion Forum Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with a proprietary technology platform developed at its laboratory facility in France with a specialization in the stabilization of carbohydrate molecules. The Company is exploring the areas of diabetes, dyschromia, anti-aging, anti-cellulite and antiviral therapies and relies on a business model of licensing patents to... see more

TSXV:SBM - Post Discussion

Sirona Biochem Corp > One of the best promotions is a lever staff won't pull
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Post by Pareto8020 on Jan 16, 2021 1:27pm

One of the best promotions is a lever staff won't pull

I think one of the best promotions SBM could do is if their team bought some of their company shares.  Remember when they used to buy shares in Sirona?  Hell Howard has so many free ones now he couldn't even remember how many millions of shares he was sitting on last interview.    

Unfortunately like greedy little piggies at a trough they've filled their snouts with so many options and free shares it is almost pointless for them to buy on the open market now.   

Now to make all those free shares worth something they just need to get a contract or two announced - at least they have some incentive to get that done if they want all their shares to actually be worth more than pennies.
Comment by lscfa on Jan 16, 2021 1:49pm
26.6 million warrants in the money and no one will exercise early. If bloody mgmt owns some of these they should lead by example. If co. does a financing before these warrants are exercised fire the CFO.  
Comment by lscfa on Jan 16, 2021 1:55pm
$0.16 warrants expiry Feb 2022..... The financing consisted of participation by PRO-group member Shaun Chin of PI Financial, for 500,000 units, as well as two insiders. Dr. Howard Verrico, CEO, has participated with the purchase of 960,000 Units and Christopher Hopton, CFO, has participated with a purchase of 350,000 Units.
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