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$SBFM warrants repriced at $1.57 per dilution tracker
I guess the first day post RS was included in the 5 days post RS repricing
So people are missing the big picture here
Since our OS was only 1m whatever the amount of warrants get exercised at $1.57 will simply add cash to companies already strong cash position of $26m and just put them in a very strong position to get to profitability without having to do any more offerings and their cash position alone will price them well above the warrant price.
So I see this as a no 🧠’er hold for Market Correction especially with Q1 just around the corner May 15th !
As for delisting, its just fear mongering by shorts who stand to lose big on a potential squeeze here.
Company will be allowed more time to correct deficiency
Thank You for the cheap shares in advance 😝
Old disgruntled shareholder who bought too early in the development of the company and now feels they need to ignore the facts that the company is heading fast towards profitability with a ton of cash 😝
Will SBFM be on the Nasdaq delisting list soon? They aren't on the list as of April 25th (see link) but looks like the have failed miserably to meet the listing requirements, and burned a lot of investors by this failure.
https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx
Did SBFM have the delisting hearing today....if so, do you know the outcome?
Lmfao. I’m sorry bud - but you got no idea what you are in for with this one. 10k you say? Ha. Good luck. Nothing make sense here. 10k doesn’t mean shit. Company’s gonna fuck you just like they did everyone else. When did you start researching this bad boy? Chances are not as long as some of us have been.
Trust me - you will lose here. I’m not even shorting or whatever you wanna make up in your mind that I’m doing. My motive is to bash this bitch because it was a scam when I sat through it for 3 years. You don’t know what you’re talking about bud. Im sorry.
But my god you did give me a laugh.
And if you want just go check my history. I was a bigger supporter of this stock than you are now. Good luck sonny.
I don’t reply to such ignorant posts
Start by doing some DD on the company by reading their last 10K
You should however sell your ☠️ OTC bags and grab these shares under $1 while they last and get some popcorn while your watching !
No popcorn watching paint dry on your OTC’s 😝
Why? Enlighten us please.
I will be watching just to rub it in your face
Total nonsense 😝
I’d only risk more money here if it goes under a penny
Today was bottom
Tomorrow ⬆️ me thinks
Let’s see
My avg is $1.04
Not a bagholder
Just temporary red
Speaking like a true bagholder
No comparison but nice try
This follow similar trash like VLNC PTPI PBLA And just to name a few
This is a 💎 compared to the OTC gabage your buying 😝
Sunshine Biopharma (NASDAQ:SBFM) Full Year 2023 Results
Key Financial Results
Revenue: US$24.1m (up 454% from FY 2022).
Net loss: US$4.51m (loss narrowed by 83% from FY 2022).
US$0.18 loss per share (improved from US$1.76 loss in FY 2022).
Makes perfect sense
They did a reverse split.
That can’t be correct; just 2 funds alone reported beneficial ownership of over 15 million shares in February this year.
$140 to $0.75 - what a pice of chit
Does this drop to be a penny? Short covering has to happen at some point, correct?
I honestly think they did it on purpose. They got to Nasdaq and uplisted - took enough money from shareholders to buy Nora - now dumping and doing whatever they can to get back to the otc - where they can live in the sewers with little regulation and a ton of dilution.
They got their Nora off shareholders now dumping the shareholders and back to the otc where they can operate under shady circumstances a lot easier than on the Nasdaq.
Wow. How about that theory.
Yep. Probably note holders
What a monumentally stupid thing to do, diluting the crap out of this stock before making it through the 10 trading day compliance period.
The last published O/S was just under 1M shares. They’ve traded almost 9M shares, and it appears to be dilution. If they’ve been diluting this stock when they needed to maintain their NASDAQ listing by keeping the bid above $1 for 10 days, they’ve screwed up royally.
A monk call- means 100-200% during the next days 😉
Pick up some for a loto 🤷♂️
I figured its good for at least a dead cat bounce
Today is the last day for warrant repricing
Won’t surprise me that it runs eod when the VWAP is locked in on low volume
One bid just triggered! Alright let's go
Where are all these shares coming from?? OS must be tens of millions by now.
New lod .99 🤮
Game over
We have been scammed
New lod $1.06
Looks like It’s going under $1 today 🤮
Splitting is always a wreck.
Canadian companies have their own rules. (BS)
Look at my other posts for a ticker with solid Q1 expected
AS still at 3 billion 🤡
$sbfm 🤡 pic.twitter.com/XldfI8guPi
— ˌrevəˈlāSH(ə)n (@6ix_feet_under_) April 24, 2024
Great color. Thank you
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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
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