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Interesting 🤔 price increase yesterday
FSRN great volume Fisker EV price .021
Some good AH action. Landed back at $.10
Awesome sold and bought more CISS
SBFM News out RNAZ Real deal cancer drug
Seems everybody joining CISS(.05) pre market 52 million volume 24% up. The company has 35 million dollars cash and no debt. Posted net profit share price .05
https://finance.yahoo.com/news/c3is-inc-reports-revenue-13-132100655.html
Private equity firm SK Capital paid about 4 billion dollars bought Apotex last year that produce roughly 500 generic drugs.
Think about SBFM has 52 generic drugs and the company plans to add 32 additional drugs in 2024 market cap 7 million dollars. It is crazy cheap.
Also it is pretty much debt free company about 28 million dollars cash on hand and cash per share 29 cents. Share price 7 cents crazy cheap imo.
https://sunshinebiopharma.com/wp-content/uploads/20240401_Press-Release-4-24-2023-Results_V5-1.pdf
Generic drug market getting hot: Drug company Apotex signs deal to buy Montreal-based Searchlight Pharma
https://www.bnnbloomberg.ca/drug-company-apotex-signs-deal-to-buy-montreal-based-searchlight-pharma-1.2054166
New blood is in the house, don't be fooled these tycoons want your shares
Super thin to 20 cents,
They liked it for 1 day, yesterday!
Appear traders don't like sbfm news jazz!!
SBFM NEWS: Sales Grew at an Average Rate of 14% Per Quarter During the Year
NEW YORK, NY / ACCESSWIRE / April 1, 2024 / Sunshine Biopharma Inc. (NASDAQ:SBFM) (the "Company"), a pharmaceutical company offering and researching life-saving medicines in a variety of therapeutic areas including oncology and antivirals today announced that it has filed its 2023 financial results on Form 10-K on Thursday March 28, 2024. The following are highlights of the report:
Sales in 2023 grew to a total of $24,092,787, primarily as a result of a full year of revenues generated by the acquisition of Nora Pharma in October 2022. Nora Pharma's revenues for its fiscal year ended June 30, 2022, were $10,766,982.
The average 2023 quarter-over-quarter growth rate in sales was 14%.
Loss per share decreased from a negative $1.76 per share in 2022 to a negative $0.19 per share in 2023, predominantly due to a one-time write-off of goodwill in 2022.
Completed a private placement of approximately $5 million in gross proceeds for use in part for expansion of sales operations.
Repurchased 513,723 shares of the Company's common stock on the market for a total of $541,143.
The Company's two proprietary drugs in development advanced to the animal testing stage for both SBFM-PL4 targeted for SARS Coronavirus infections and K1.1 mRNA for liver cancer.
IND-enabling studies of Adva-27a anticancer compound were halted in November 2023 pending further analysis of unfavorable in vitro results obtained earlier in the year.
"We are happy with our 2023 results, as we continue to strive to achieve profitability," said Dr. Steve Slilaty, CEO of Sunshine Biopharma. "We look forward to further growth in 2024 and beyond as we expand our operations and bring more life-saving drugs to market," he added.
https://finance.yahoo.com/news/sunshine-biopharma-reports-operating-results-120000677.html
True cash per share about 29 cents.. share price .105
Amazing they have already 51 generic drugs..
32 additional generic drugs schedule to be launched 24 & 25
Super Bullish!
SBFM.............................................https://stockcharts.com/h-sc/ui?s=SBFM&p=W&b=5&g=0&id=p86431144783
Maybe Reddit army loading today huge volume
The company buyback some shares according to today's news
99 million Outstanding sharss
SBFM cash per share about 29 cents, no debt.. very undervalued imo
A while back close to a $1 and cash was a lot, wonder about the price now going
150,000,000 shares traded and not many outstanding
150,000,000 shares traded and not many outstanding
What, a &100 dollar stock post split.Give your head a shake.Either way you will lose 90% within weeks.You already have lost 99% of your investment,in real dollar terms.This is if you were invested in this early.This isn't going anywhere but down.All of these companies are just for the enrichment of a few,the insiders.The rest are left holding the bag or nothing.Good luck and good trading.
Maybe 50 cents today
Jaxxxxxx 0.15 now .....
Because I m out that's why it's running
Terrible what happened here
So after 1/20, 1/20 and 1/200 new RS 1/200 ??? and mister genius takes 100,000 shares and what 57% of the voting rights. Must be the deal of the millennia !! Looks like the RS will never end.
Shorts will have to cover Monday.
That would be a good start for SBFM to head back up the hill to $1.
30M+ Volume. Something is in the air going into the long weekend!
Did you cover your a$$
Sunshine is seeing blue skies ahead
Back to .06 cents easy peasy
Unreal after hour jazzzzzzzzzzzzzz
Monday 20 cents
I blinked and up 30%+ afterhours. Interesting!
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SUNSHINE BIOPHARMA INC
ANTI CANCER DRUGS
ANTI CORONA VIRUS RESEARCH
SBFM Transfer Agent
Corporate Stock Transfer
3200 Cherry Creek Dr. South
Suite 430
Denver, CO 80209
(303) 282 - 4800 p
(303) 282 - 5800 f
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