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Bullboard - Stock Discussion Forum Vaxil Bio Ltd V.VXL

Alternate Symbol(s):  VXLLF

Vaxil Bio Ltd. is a Canada-based biotechnology company. The Company is focused on a drug discovery and development platform based on Signal Peptides (SPs) which the Company deploys to fight infectious diseases and cancer. The Company’s most advanced product, ImMucin, a MUC1 SP-derived vaccine, completed a Phase I/II clinical trial in multiple myeloma. The Company also has a SP-based COVID-19... see more

TSXV:VXL - Post Discussion

Vaxil Bio Ltd > given the nature of vxl's work
View:
Post by bigbanktheory on Jun 26, 2020 10:39am

given the nature of vxl's work

this could be a very complicated pp, who knows, lots of parts in motion with this one, glta
Comment by threefiftynine on Jun 26, 2020 10:55am
Open for debate BBT----the only complication I would see would be"TIMING"---the approval on the GOV"T FUNDING back when they announced the Offering and when and how they time the "release" as news as it doesn't come any more material than the GOV"T willing to cough up money that you have to back up by way of dollars ,---but how do you get that .085 PP figure when ...more  
Comment by threefiftynine on Jun 26, 2020 11:08am
Private placement news MAY 26th - ActiveActive-New Activity Effective: 2020-05-05 Who is lobbying? Vaxil Biotherapeutics (Address & business activities) David Goren,Chairman and CEO Received Government Funding Yes Business Relationships Vaxil Biotherapeutics is not a subsidiary of any other parent companies.
Comment by Valuehunter72 on Jun 26, 2020 11:10am
Sorry, not around that device at the moment with screenshots. Info can be found here. https://lobbycanada.gc.ca/app/secure/ocl/lrs/do/clntSmmry?clientOrgCorpNumber=366563&sMdKy=1590856256498&V_TOKEN=1590856256498
Comment by 90guppy on Jun 26, 2020 11:28am
ok good, money will be coming, but If you drill down the link under "yes", you will see "funding expected in the current year". how can you make an announcement based on "expected", not sure of the amount and when the govt will give it. why dont you phone lobby canada and get clarifications.
Comment by 90guppy on Jun 26, 2020 11:42am
try to call lobby canada and you will understand. here is the number for all of you out there, 613-957-2760. You will understand that the "yes" in there means they are approved to get funding and expect to get the money in the current year, and once you received the money, you will have to break it down how much you received from the govt, stop bellyaching about this funding not being ...more  
Comment by threefiftynine on Jun 26, 2020 11:48am
David Goren,Chairman and CEO Received Government Funding YES Business Relationships Vaxil Biotherapeutics is not a subsidiary of any other parent companies.
Comment by 90guppy on Jun 26, 2020 11:52am
call lobby canada at 613-957-2760, they will explain it to you how it works.
Comment by threefiftynine on Jun 26, 2020 12:03pm
No call required --we all know how it works---no material news has been released by the company with respect to the funding ---in any form whatsoever----As a shareholder you should be concerned that after receiving or getting confirmation of the approval they instigated a private placement at 50% of the current share value at that time---If you are ok with this then power to you. It should have ...more  
Comment by threefiftynine on Jun 26, 2020 12:08pm
But thanks for your comments guppy--always appreciated ---that's what boards are for ---also have a funny feeling that's why the ceo has zero shares atm as he is waiting on confirmation of an approval before releasing the moths from his wallet.
Comment by HIKER2013 on Jun 26, 2020 12:47pm
makes perfect sense.   hands must be kept clean as per under exchange scrutiny of his actions. If he bought a truckload prior to approval of good news, etc......... and he knows of it.    Then heaps of trouble and commplications for him. got to play it by the book HR