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Bullboard - Stock Discussion Forum Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and... see more

TSXV:THRM - Post Discussion

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Post by thrmadmin on Mar 24, 2021 7:00am

News

Please read the below. 

In my previous posts it was said that I was being cryptic, my apologies as I was not trying to be.  It has simply become apparent and tiring, that the volatility in the markets is not suited to some on these boards.  Their subsequent emails/calls/comments would suggest their investment style is suited to more of a government bond portfolio (current GofC 10 yr is 1.59%). 

That being said, enjoy the news as our work merrily hums along and we continue to move on the path we have previously said we will be going down.

Therma Bright Partners with Ridge Global to Expand its United States and Global Reach Toronto, Ontario--(Newsfile Corp. - March 24, 2021) - Therma Bright Inc. (TSXV: THRM) ("Therma" or the "Company"), developer of the AcuVidTM COVID-19 Rapid Antigen Saliva Test and other progressive diagnostic and medical device technologies, announces that it has entered into business agreement with Ridge Global, the consultancy founded by Governor Tom Ridge, the first U.S. Secretary of Homeland Security. The agreement focuses on supporting the Company’s reach across the United States and Global marketplace business community along with extending policy advisory services in the U.S. “We’re excited to add Ridge Global to our growing advisory team,” expressed Rob Fia, CEO of Therma Bright. “Governor Ridge will serve as a Senior Advisor and support his team in corporate strategy and business development on behalf of Therma Bright.” Therma Bright believes its AcuVidTM COVID-19 Rapid Antigen Saliva Test ideally meets the new March 16 FDA Guidance for test developers seeking emergency use authorization (EUA) of certain tests for screening with serial testing. Serial testing involves testing the same individual multiple times within a few days, and can increase chances of detecting asymptomatic infection that might not always show up with a single test. CDC recommends serial testing at least once per week, along with other mitigation measures, such as masking and social distancing, to reduce disease transmission. In addition, with the recent American Rescue Bill passed by President Biden, there are opportunities to assist the U.S. and its citizens detect, contain and mitigate COVID-19 and its growing variants with Therma Bright’s, “Made in the USA”, AcuVidTM COVID-19 Rapid Antigen Saliva Test once approved under the Emergency Use Authorization (EUA) by the FDA. Therma Bright is not making any express or implied claims that its test product has the ability to eliminate or cure COVID-19 or the SARS-CoV-2 virus. About Therma Bright Inc. Therma Bright is a progressive medical device technology company focused on providing consumers and medical professionals with quality medical devices that address their medical and healthcare needs. The Company's initial breakthrough proprietary technology delivers effective, non-invasive and pain-free skincare. Therma Bright received a Class II medical device status from the FDA for its platform technology that is indicated for the relief of the pain, itch, and inflammation of a variety of insect bites or stings. The Company received clearance for the above claims from the US FDA in 1997. Therma Bright Inc. trades on the TSXV: THRM, OTCMARKETS:THRBF, FRA:JNX. For more information visit: www.thermabright.com and www.coldsores.com For further information, please contact: Therma Bright Inc. Rob Fia, CEO rfia@thermabright.com Follow Therma Bright on Twitter: About Ridge Global: A global leader helping organizations mitigate enterprise risk. Working together under the banner of Risk, Readiness, and Resilience, Ridge Global is working to bring comprehensive risk management solutions to market. Founded by Tom Ridge, the first U.S. Secretary of Homeland Security and 43rd Governor of Pennsylvania, Ridge Global works with C-suite executives and corporate directors to reduce enterprise risk and to build more resilient organizations through innovative preparedness, protection, response and education capabilities. For further information, please contact: Ridge Global Steve Aaron, SRA Communications m: (717) 554-8614 e: steve@sracommunications.com www.ridgeglobal.com FORWARD LOOKING STATEMENTS Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events such as development and commercialization of a rapid COVID19 viral assay and related instrumentation, regulatory applications and manufacturing scale up as described in the news release. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This press release is not an offer of the securities for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
Comment by mooseslayer on Mar 24, 2021 8:13am
Interesting that Tom Ridge, a Republican,  endorsed and voted for Joe Biden so there must be some relationship there.  This is interesting news and as much as it could be a great help getting a hold in the US or a test used by the US government (which would be huge) , it also points to the fact that the company fully expects to be approved. They would not be going to these extents unless ...more  
Comment by CBSindustries on Mar 24, 2021 8:22am
"God Bless America" Ontario Conservative Premier Doug Ford March 18, 2021
Comment by Whydunnit on Mar 24, 2021 8:47am
I can see them manufacturing the test in all those countries, and maybe some more, including in Europe and Asia.  The company really does seem to be putting together a network alright.
Comment by DSMed77 on Mar 24, 2021 9:05am
USA population = 331, 000, 000 + Brazil population = 212,000,000 + Canada population = 38,000,000 + Just saying......
Comment by moonball32 on Mar 24, 2021 9:18am
I think the "made in the usa" would give them access to some of the covid funding the government is handing out which would be great not to mention the strategic partnership with an influential political figure who may help circumvent all the political red tape when it comes to FDA approval. As others have already said, another piece in the puzzle, let's see what today brings.
Comment by Whydunnit on Mar 24, 2021 9:25am
The FDA is circumventing its own red tape.  Read the FDA link in the NR -- https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-update-fda-provides-more-regulatory-relief-during-outbreak-continues-help A sample: "During this public health emergency, the FDA does not intend to object to the distribution and use of these tests for specimen testing for a reasonable ...more  
Comment by nrv090909 on Mar 24, 2021 9:27am
major therma news, wow! 
Comment by mooseslayer on Mar 24, 2021 9:32am
alrrady .58...let's see .60
Comment by stingray88 on Mar 24, 2021 9:42am
One problem I see is, strong openings and then a sell off for the rest of the day. It would be nice to see a continuance for a change  instead of the predictable pull backs.
Comment by mooseslayer on Mar 24, 2021 9:47am
If there is a short position then they will be fighting tooth and nail to keep it here and cover. We need big buying to force a short squeeze. I am not even sure the current short position, someone posted it was high but I don't know.
Comment by nrv090909 on Mar 24, 2021 9:49am
Ridge Global has worked with Facebook, Kellogs and Kleenex. We are in good hands. Also ridge can get us money and placements. Brazil + USA + Canada = Lexus
Comment by CBSindustries on Mar 24, 2021 8:35am
...although the dogs are barking at your heels, the wagons roll on.... I suspect that a number on this board have problems that are not all financial. Thanks for taking the time to call them out..  Rest assured the rational silent majority have done their DD and are with you all the way. When is a penny stock not a penny stock folks? When it isn't.
Comment by mooseslayer on Mar 24, 2021 8:40am
I was hoping we would breach .50 before the test results and jump over $1 on news but now I think we could easily go to .60 - .70 and roll well past $1 on news. It may not be long before this is no longer a penny stock.
Comment by mooseslayer on Mar 24, 2021 8:42am
Bids are building and resistence right now is low. 126K on bid at .54 and I expect it will open highee than that. Level two quotes - Ask Ask Price Number of Shares 0.540 140,500   140,500 shares 0.550 151,500   151,500 shares 0.560 69,000   ...more  
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