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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 > Suspicion
View:
Post by lscfa on Jun 22, 2022 11:12am

Suspicion

Is co. pumping out vague NRs in order to do a financing before fins at end of Sept reveal disappointing upfront payment from Abbvie?
Comment by forhandlaren on Jun 22, 2022 12:05pm
Any move is possible, but I lean towards the promised transparency as the main drive here. There was actually valuable information in the last NR. We got a pretty good status report. I think the anti-aging clinicals should kick off not later than September.
Comment by MirrorWorldMan on Jun 22, 2022 1:52pm
Interesting that Howie wants to attract Institutional investors as well.  The insti's will not buy on the open market and likely will receive a placement, which is what Howie would like based upon his desire to continually dilute and raise funds for the coffers.  The hidden issue is  why would he want to dilute if the Abbvie deal is so lucrative? Shouldn't the deal provide ...more  
Comment by biorun on Jun 22, 2022 3:17pm
to pick these guys up, the price needs to trade higher than a buck. there are only two ways. so that is obviously the plan, and especially if further  deals are announced and the financial profile of the abbvie deal provides a sustainable financial stream to grow other pipelines.  the other way is a reverse consolidation 3-4 to 1 or more. I don't think they lean that way personally ...more  
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