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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 > CEO Learning on the Job
View:
Post by Pareto8020 on Oct 25, 2022 7:46am

CEO Learning on the Job

Market Cap few days post deal = +$60M

Market Cap now (4 months later) = $27M 

Once again it is the shareholders that seem to be paying for Howard's CEO education.  Unfortunately he doesn't seem to remember many lessons and seems to rinse and repeat his foolishness.  

Instead of taking a pittance for an upfront perhaps after years of the stock languishing he could have thrown the shareholders a bone and found a middle ground on the upfront and royalty payments?  Oh and hey.... how about releasing some details of the freaking deal so somebody - say an analyst or investor - can actually put a value on it!  The door cannot hit him hard enough on the way out.
Comment by SleepyHoward on Oct 25, 2022 8:15am
he is the only guy in the company who can change the situation. Please go away Mr parttime
Comment by forhandlaren on Oct 25, 2022 9:11am
It's not very clear what you refer to with 'situation'. Nevertheless, why would it be important for Howard to change anything? I'm asking because I don't know. Howard has a well paid full-time job in parallell of the CEO position. Howard has the ultimate goal of an exit down the road. Howard prioritize the company getting paid later rather than sooner, indicating that ...more  
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