Post by
tylerreddick on Sep 30, 2024 8:02am
SBM could double in a heartbeat
" We are in active discussions with investment funds to support our financial needs, and the approaching commercialization of our products has generated increased interest. We plan to provide a financing update shortly "
If that is actually accurate, securing a financing attached to their planned timeline for GPM, that could double the share price in a heartbeat.
Everyone, including me, is worried that this company could go belly up. Putting that worry to bed, and looking ahead to actual profitability, chnages everything.
Comment by
sakinny3 on Sep 30, 2024 8:53am
The problem is, if the last interview is a view into our ability to articulate the companies products and goals, we are in trouble trying to persuade someone to give us money.
Comment by
tylerreddick on Sep 30, 2024 9:05am
Any potential backer will do it because of the science, not Howie's "personality" and "spiffy" dress code.
Comment by
forhandlaren on Sep 30, 2024 1:14pm
I agree. Just had another view. The interview is nothing short of a disaster. The host shake her head while Howard read his script! Maybe a third party can step in and represent the company in negotiations.
Comment by
PeterG on Sep 30, 2024 2:04pm
But coming back to the interview: why has Howard doing it? Was there no time for preparation? Was the content not clear? 4 minutes, not more and the CEO is muddled in every sentence? Come on!! If he wants to attract the company for other investors, I'll exoect at least a bit of professionalism.
Comment by
Pandora on Sep 30, 2024 3:01pm
I believe SBM has financials posted on Sedar -- if anyone can navigate that system and verify it?
Comment by
sakinny3 on Sep 30, 2024 3:53pm
They are also posted on the company website