Willow Biosciences Inc (CANSF)

[janeyH]

how much lower can it go, really?

Market cap. Micro Cap ($13.52M)

[janeyH]

going to single digits usd - fugh!

[Aladdin80]

Lol, surely wasn't me buying anything that rhymes with pillow.

[janeyH]

New CEO, might be extended to 2026

[janeyH]

Fare thee well, Trevois ...

CALGARY, AB and MOUNTAIN VIEW, Calif. , July 18, 2022 /PRNewswire/ - Willow Biosciences Inc. ("Willow" or the "Company") , a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent and sustainable ingredients, is pleased to announce that the Board of Directors has appointed Dr. Peter Seufer-Wasserthal as Interim President and Chief Executive Officer, effective July 17, 2022, in connection with Trevor Peters' retirement as President and CEO. Mr. Peters will continue to be a Director of the Company. In addition to the above mentioned changes, Ms. Barbara Munroe, a Director of the Company, has been appointed as Lead Independent Director.

[janeyH]

well, given volume was ZERO yesterday, that takes only one

[janeyH]

there is soooo much funny biz in stock, i should just quit ...

ask was at .1234. put in a bid at .1234, before it executed, bid moved to .1235. what weird games ppl play in the stocks.

[janeyH]

Was this you ... ?

Volume
950

[janeyH]

interesting yardstick for that analysis!!

[Aladdin80]

There's pathetic volume and then there's Willow volume. Less shares trade daily on this stock than the number of our youth that trade their genders.

[Aladdin80]

I don't know, but I could really use some "real" material news from this company. If they had some and clawed back over even .50 I'd then have to decide if I trust them longer term or would I bail.

[janeyH]

Market cap. Micro Cap ($17.40M), crazy.

will they EVER have a real news to report

[janeyH]

feels like flippers flippin

[Aladdin80]

Yeah about $15.2 is what I had noted last week which is absurd. I can't wrap my head around how the market values them at less than the hard cash they have in hand.

[janeyH]

am i reading this right - $15mm USD market cap?

[Aladdin80]

No floor indeed. Reading the 1Q results they are clear that there will be little revs in '22 so I don't know how the SP has any chance of near-term upward movement. Partnering w/new CDMOs is great and all including running some studies, but biosynthetic manufacturing deals with defined pricing and supply are all that really matter.

[janeyH]

vol: 250

can even give them away

[janeyH]

people are more or less giving these shares away now - just for kicks i put in a small order at the ask - .181. it actually filled at .161. NO FLOOR on this stock right now

[Aladdin80]

Janey, tell us how your really feel

[janeyH]

Market cap.Micro Cap ($24.18M)USD

[janeyH]

ffffffFFFFFFFFUUUUUUUUUUUUUUUUCCCCCCCCKKKKKKKKKKKKK

[Pjbpeterjoseph]

Janey,

I am still here suffering alongside you. I am in the garden center landscape business and this is my season so thankfully I am too busy to watch what’s going on with the entire market not just willow.

Hang in there, I will be accumulating in May. I realize I may be crazy, but Vegas or bust

I will check back in in a few weeks

[janeyH]

PJB - it is getting tough to root for this thing - from reddit:

mkt cap 30mm
cash on hand at YE: 30mm

ZERO added value from anyting WLLW has done at all ever

=(,

[Aladdin80]

Hard to blame him. There's little to feel confident about and it could take a long time for them to lock up additional supply contracts. Given current burn rates they have some time, but it's not looking like enough to generate enough profits to keep another raise at bay. If they raise at these levels it will be awful.

[janeyH]

Thanks MrD - wish it worked out better - i am hanging in

[mrdecember123]

i wish all here great luck-----i exited taking a loss with no hard feelings. Tough mkt for specs...glty janey.

[Aladdin80]

It's always "next year is the year" with these companies. There will be something like additional down-stream processes needing refined, another change to a new CMO/CDMO as batch yield is limited with the current, or whatever the excuse will be to kick the can into the next calendar year.

[Pjbpeterjoseph]

We are still on forVegas 2025! Hang in there, this is a marathon. Don’t get me wrong, it has been a very disappointing 2022 thus far and I see GRAS has been pushed back, however playing the long game. Attractive pricing if you have the ability to park money for long term play.

[janeyH]

As Willow transitions to a larger CMO through the course of this 2022, revenue from product sales will continue to be limited, but will position the Company well to meet demand for CBG and other products in 2023 and beyond.

[Aladdin80]

Not sure about financials, I surely haven't seen anything, but I haven't looked very hard either. I'm still waiting to see what happens with pending litigation. Looks like this could be a long slog and keep them down or at least flat in the absence of anything material. I'm not holding my breath.

[janeyH]

these things neve come with upside surprises

[janeyH]

was there a 2021 YE financial statement anywhere?

[janeyH]

don't they need to report by today or they go into non-reporting status - stinky pinky?

[janeyH]

just a head fake - still sucks

[janeyH]

hahahah

[Aladdin80]

Definitely seeing a slight pattern change this week. I'm not holding my breath. Last time I did that I died and came back as guy that invested in an under-performing company named Willow.

[janeyH]

ha ha - that's the best part - a sinus cleanse!!!

btw, 4x avg daily volume - and the price isnt going down.

[Aladdin80]

well played....well played. Just don't let the earthworms tunnel into your nostrils.

[janeyH]

i am going to lay face down in the backyard and watch the grass grow

[Aladdin80]

That's an understatement. I just painted the wall to watch the paint dry to compare it with being a current Willow investor.

[janeyH]

Q4/FY21 numbers should be out soon, right? With zero fanfare, i am assuming the numbers will suck.

[janeyH]

this totally blows

[Aladdin80]

Literally the only red stock in my portfolio today. Willow is just miserable. Nothing seems to stop the bleed.

[Aladdin80]

Misery loves company and that's why I've been trying my best to stay away from this forum haha

[janeyH]

dude, just not much to tal kabout

[janeyH]

Agreed. i saw the opposite - a lot of back pedealing - where was the vibrado about 22 being THE year? none

[Aladdin80]

I see nothing close to "take off" from the recent presentation that dropped

[Pjbpeterjoseph]

Janey,
You made me smile with your last post. Thank you ??

So, if you saw the news Charlotte‘s Web announced they were going to start with drinks infused with CBD. I know that willow has been working on GRAS and do not know if that means Charlotte got something approved? But ultimately we are heading in the right direction unfortunately it is just taking a lot longer than we had hoped. Hang in there Vegas 2025 is not that far off

[janeyH]

bor-fcking-ring.

wow this is taking a long time to mature ... remember this one ... "2022 is the year of commercial take off", yeh, thanks Trevi.

Have they PR'd they first commercial delivery to CG yet? HAR! I want my money back, this cinema sucks.

[kaneda2004]

I posted some live notes from the webinar over in our lounge on the /r/wllw subreddit for those that missed it.