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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 > Timeline
View:
Post by Valuehunter72 on Jun 30, 2020 9:06am

Timeline

Press releases 

May 5th

The company does not anticipate the need to raise additional finances to finance this work.

They have 1.4 million in the bank at that time

 

May 26

 up to 35,294,118 units of the company at a price of 8.5 cents per unit to for aggregate gross proceeds of up to $3-million, subject to the company's receipt of minimum gross proceeds of $2-million or 23,529,412 units of the company.

OK....they need 2 to 3 million dollars now.

June 29


Vaxil Bio Ltd. has provided an update on its previously announced brokered private placement of up to 58,823,530 units of the company with minimum gross proceeds of $2-million, with M Partners Inc. as lead agent.

OK...cancel that...we need 5 million dollars now.


WHAT UP????????????????

Comment by threefiftynine on Jun 30, 2020 9:28am
Should be interesting to see how the brokers boileroom handles this share price in the next 2 weeks or so----I certainly wouldn't be too happy if it got manipulated down to .05 if I was in the PP---Would I be happy if the boileroom upped the anti to double digits-------------------oh YA
Comment by Valuehunter72 on Jun 30, 2020 9:30am
Shake that tree all the way to 5 I say.  
Comment by kevlin139 on Jun 30, 2020 9:34am
Good dd and good call valuehunter. Looks like you will get your .05. With vaxil at or around 200 million shares and 15 million cash i get .075 per share in cadh alone. That doesnt include patents or lab work
Comment by burnout29 on Jun 30, 2020 10:38am
This post has been removed in accordance with Community Policy
Comment by threefiftynine on Jun 30, 2020 10:49am
ask the boileroom burnout----you may find they have a direct link to the broker---YA