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It could also go bankrupt.
When I worked there, price was .84 cents or so we later found out we were moments away from bankruptcy. Bomber has a way of making garbage and sh!t look and smell rosy beside the obvious. I think it's a quebec defense mechanism.
Volume is dried up, debt is coming due, sold 75% of the business. Game over. Well minus the crooked political games.
Still garbage.
Plus insanity. No changes, no magic turn around. Even in montreal castle dream land.
Wonder how low this goes before bankruptcy? They have a lot of debt even after selling basically everything. Need a reorg. And crush the dual class shares.
Remove all BODs.
Then people will come back. Until then, slow painful death.
Uh oh, anyone else see what the Gulfstream 700 just did??? .999mach, 54000ft.
Later globals/future of bombardier.......
https://www.airway1.com/almost-supersonic-gulfstream-g700-hits-mach-0-99-on-test-flight/
Stay tuned, that might be a bit premature...looks good at the moment.
Said that for years. Everyone was excited to be ridding of all these programs, cutting costs....etc. what sources of income are you left with....? Dumb.
Bombardier is and always will be a place money goes to die.
They put all their eggs in the biz jet sector. Never a good idea unless you have a parent company that's willing and able to take a loss. Canada govt wont do it forever, nor should they. Bombardier is ruined by their own doings. Grabage management.
Bombardier days are numbered. Reorg? Chapter? Destroy duel class share? Leave QUEBEC!!!!!??
All of the above!
Magic.
True. And they gave it back. That was one of their more off the wall, random agreements, but It had all they needed to sell generics, I think, and a DIN and DEL. But magically ended in a goodwill write off, i think.
Good point. Not many remember that. Another sbfm attempt and failure......they should have made that work. 9 employees, testing services. Licenses. Forget why it abruptly ended.
Can someone elaborate on what "big news " is coming? Its a penny stock, you just had news. Penny stocks typically put out news, dump into the news, go dormant. They don't pump multiple times, as it brings unwanted attention. Especially covid themes.
What news?
Ask SBFM. I think that is a great question. Based on their science and plan, shouldn't they be?
I really think the local news in canada needs to reach out and run with sbfm. Its a win win for sbfm and Canada. Saving the world. Sbfm and the news make huge waves. What's to lose?
Im kinda curious as how a shell company, as you describe it, made it to a xenograph study with a cancer drug at some fairly prestigious research facilities?
Let me preface this with: id like to keep the science separate from the company sbfm. Sbfm is a shell scam. It provides zero for anyone but 3. No workers, no lab, no drug license, no legitmate address. Then there's the arguable science.
Croucus?? Im curious what they were testing? Still haven't read an article illustrating a usable sample batch. At this point, I believe nothing they post unless its in an SEC filing.
Or...
How a Shell company has had numerous medical journals write about there drug developement and work with viruses?
I can write a journal entry on adva27a
Authors are all colleagues. Either work for sbfm or contracted with. Its the science, not the way the business is run. Dont forget, silanty didn't create the patent he calls adva27, the french institute did. He purchased it. Theres science there, they formulated it. Sold it, for some reason. Maybe it couldn't be done.....
Or....
How a Shell company was capable of coming up with years of RNA, Main Protease, or Topoisomerase II data to support a patent and FDA Fast Track designation?
Where does it claim "fast track". Their filings use the words " most likely" if i remember right. Or "hope". I'm still willing to bet the french did all that when they created the patent.
Or....
How a Shell company could obtain rights to, not just one but 4, generic cancer drugs?
But can't sell them.......? Theres a reason the agreements either time out, or never happen. Its either fake news, or the company doesn't meet health canada specs, because its a shell. No lab, no control, no warehouse....
It seems to me this is 3 very capable doctors who need funding to finish years of hard work and to bring this to fruition.
Thats a lot, I'm sure I didn't answer it all. I tried.
Its beyond irrelevant if you ask me.
Waste of time, money, and energy. Margins are probably pathetic, being a saturated market.
Certainly don't need a public traded company to sell generic multivitams on amazon. I'm still pretty sure its a knock off of nutri pharma products. Everything else sbfm sell on amazon is.
https://www.inovpharma.com/supplements
Think they are on pace for like 20k a year....which happens to be their only income, ever!
Real or not, who cares. They never promoted its design or creation, just magically selling it. No updates, zero. Essential 9 does zero for shareholders. Probably barely stays afloat. Paying amazon, shippers, nutri. Guessing it slowly dies off.
Had to fly. So...... TRT and the other shells paid for these shares? They gift shares in lieu of salary. Been happening for years. And as I pointed out, for nothing. I'm pretty sure they didn't pay a cent.
Since they have no income to pay 3 guys to do nothing all day. Seriously, what does the COO of sbfm do?
They gift shares in lieu of pay. Maybe gift isn't the best word, but they do nothing to help sbfm, but are paid in shares....
Their fillings break it down.
From the 10q:
On November 14, 2014, we entered into a Manufacturing Services Agreement with Lonza Ltd. and Lonza Sales Ltd. (hereinafter jointly referred to as “Lonza”), whereby we engaged Lonza to be the manufacturer of our Adva-27a anticancer drug. In June 2016 we received a sample of the pilot manufacturing run for evaluation. Our laboratory analyses showed that, while the sample meets all of the required chemical, physical and biological specifications, the amount of material generated (the “Yield”) by the pilot run was found to be significantly lower than anticipated. We are currently working towards finding possible solutions to increase the Yield and define a path forward. During the course of our discussions concerning the problem of the low Yield, Lonza informed us that they required us to pay them $687,818 prior to moving forward with any activity pertaining to the manufacturing agreement we have with them. We have repeatedly indicated to Lonza that a clear path defining exactly how the extremely low Yield issue would be addressed is imperative prior to us making any payments. We issued a letter to them in June 2017 advising of our position. As of the date of this Report we have not received a response to our letter and no further action has been taken by either party.
Seemed so close.......theyve wasted far more money on things than that. Seemed like it would have been worth their while, based on the original sample.....but no. Walk away.....create more bs PRs.
On the topic of cancer drug, and actual timelines.. according to their 10q.....cant make a phony PR in that....it says:
We have been delayed in our clinical development program due to lack of funding. Our fund raising efforts are continuing and as soon as adequate financing is in place we will continue our clinical development program of Adva-27a by conducting the following next sequence of steps:
?
GMP Manufacturing of 2 kilogram for use in IND-Enabling Studies and Phase I Clinical Trials
?
IND-Enabling Studies
?
Regulatory Filing (Fast-Track Status Anticipated)
?
Phase I Clinical Trials (Pancreatic Cancer Indication)
How does that translate to any progress? That's where adva27a. Sitting dormant while the scammers collect. Theres no evidence a usable batch of 2kg has ever been created. According to sbfm, that was the amount required. Lonza told them to pay 687,000 or pound sand. Nothing has happened verifiably since. Scam central. Read the filings, they are truth. PR is pump material. Unlikely.
Two things.
1. They were last year, late last year....not new or exciting, or any hint of thing to come. Some 7 months ago.
2. They were right before an RS. What better way to remain relevant and keep the same share count prior to an RS, than to gift yourself shares???
Not sure why or how these form 4s are being taken as a positive......they knew an RS was coming.....why gift yourself shares right before an RS? Thats a slap in the face under normal circumstances.
The form 4s were about control. The ridiculously fake board here needs to maintain control. Within that, they probably get fired, held accountable, dumb business decisions go away....attached shell companies go away. Actual directors, like ones in real companies would clean house here. Kill their pay, demand results, and accountability.
So instead, sbfm gifts shares, as much as they need,.to keep their sbfm bank intact.
GENE is a real company, SBFM is a shell.
Lift a few rocks here, analysts run. SBFM is a PND ticker. Just look at the last 10yrs......
Belongs in trips. Amazing what the power of a safe harbor message.
Sbfm is trying to enter a car race that already started, without a car. Still waiting for NASCAR to approve their car design.
Competition is on lap 60 of 100. Sbfm has no chance.
Just a side show really no one knows about.
Per the rumor of non predatory lending, said lender would do their own DD, and probably would just walk. Sbfm needs workers, lab, DIN, DEL, An accountant......its currently a shell with a few named positions. All it is. If sbfm isn't willing to invest in themselves, why would anyone else? Stop with the ridiculous salaries. They dilute to pay themselves. Give shares away to shells they own. All shady.
Hire workers, skilled positions, stop changing addresses every 3yrs, attain a DIN or DEL, then it becomes a company with potential. Maybe. But you will have to change the name. Sbfm is toxic sludge.
Scammers have some catching up to do with the real scientific community. The companies with workers, funding, labs. Excited about a potential patent, HAHA. Real companies are phase 3.....developing logistic plans for distribution. These A clowns are what waiting for a patent before they start actual lab work? Scam!
"More than 100 possible vaccines are being developed and tested around the world to try to stop the pandemic. Of 19 in human trials, only two are in the final Phase III - one by China’s Sinopharm and another by AstraZeneca and the University of Oxford."
https://mobile.reuters.com/article/amp/idUSKCN24G1UM
Where does this go when a vaccine is in place and being distributed? Perhaps by years end. Think silanty and his non existent lab in canada, and zero workers can Out dual astrazeneca??? Hahahha.
SBFM has zero relevance in the actual covid vaccine arena. Just a nonsense pump by couple shell owners.
Best post of the year!!!!!!
Listing of actual companies associated with the directors here. All look like shells. Why so many shells..?
Why do the shells get sbfm shares? Why did camille dump shares on behalf of TRT pharma scam?
https://www.companiesofcanada.com/company/414676-0/trt-pharma-inc
Most located at silanty or camilles address. Red flag 200.
Don’t tell me these shareholder value wreckers are diluting again?
I wouldn’t post anything positive here to make anyone think about buying this stock until they prove something!!!!
Honestly think the only way this moves to new levels is remove Camille, and change the name. Luckily there's 4 or 5 bios attached to this, or owned by a director. NOX pharma already holds the rights to adva27a, according to their filings. NOX pharma is a Shell owned by sbfm attorney, but shares sbfm address.....?
https://www.sos.state.co.us/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityResults&nameTyp=ENT&masterFileId=20181234726&entityId2=20181234726&fileId=20181234726&srchTyp=ENTITY
Anyone heard from management lately? No reason to speculate or assume....most billion dollar companies have a PR or equivalent rep.....or workers, lol.
I've asked them about their form 4s and to elaborate on the companies that received shares. Seems fishy that shell companies controlled by an sbfm director took ownership. And if they are allowed to sell these shares as they please, similar to camilles shell......to me that's SHADY.
Also asked what the plan was to fund the future. Surely it isn't amazon. What happened to selling generic drugs????
There's many reasons they will never get real funding. Advanomics is 1. Same leadership here as there, so they will never get grants or non predatory lending. Too many red flags.
continously dilute your stockholders into oblivion, costs you almost nothing, buy whatever you want at any price you want. Like patents from advanomics, shoved down sbfm mouth for a ridiculous price.. Scam sale.
Form 4s are typically dished out here for free. Nothing new. I'm guessing too many people own too many shares. Management getting nervous. Losing control. Or.....since they make basically no money. Its pay in lieu of salary. Although it did go to shell companies.....red flag.
They haven't had income in a decade. Amazon sales are a side show.
Sbfm is a bank for a few clever canadians.
Xenograph news any day! Waiting since 2016.
Xenograph studies news soon! Since 2019. 4yrs to go.
Covid 19 news soon! 5yrs to go.
All based on adva27a update algorithms.
Held by Axis Biosciences, Inc. of which Reporting Person is a control person.
Held by 91138107 Quebec, Inc. of which Reporting Person is a control person.
Nice scores Merzouki Abderrazzak
Oh the tangled web of sbfm shares!
I believe there's 5 or 6 shells that the directors gift shares to. For what? Who knows? Why, probably a form of control.
Yikes.....
Woah! Huge!!!!!
Keep in the back of your mind, covid19 stocks or supposed covid19 stocks are shut down all the time. Two sides to this excitement. Sbfm = very risky move.
Hopefully slianty can prove hes actually working on something from his non existent lab.....?
Seeing how the company is probably planning on dumping more, why would we waste our time....?
Plenty of shares here! And much more to come. That's one of the few things you can count on here, is management destroying shareholders.
Price will continue to slowly fall. As usual.
Eventually reality sets in. Sbfm is a share selling scam.
Woahhhh!!!
100% agree. Thats what they should be doing. But all those have resulted in zero. Binghamton u, mcgill u, both zero results.
Hopefully I'm wrong here, but its just a different angle. Good luck!
Post the new agreement with mcgill. I provided the expired one earlier this year. Did they they sign another one you can reference?
Looking at their filings, not seeing much for R&D costs.......??
Wheres the results from the first xenograph? How about the second?
Zero results to date. Idk......guessing after 6yrs they'd have results of #1. No Eddie?
I've been sent that dozens of times. I agree.
I will counter with who authored it. Sbfm coo. And counter with.....wheres the product? Paper is a hypothesis. Prove it works, and can be synthesized. To date. Zero. Just PRs followed by nothing. Or a safe harbor message.
I'm not trying to argue with you. Imo, adva27a is a hypothesis. Maybe it works, maybe it doesn't. Its been a decade.....lets see it in action, or drop the bs. And I understand it takes time. I challenge you to research how adva27a patents came to be in possession of sbfm. Conceptualized the french institute of technology. Slianty purchased it. Just Google to patent, you can even see the purchase price if you did really hard. Funny part he purchased it as advanomics. Hence: ADVA-27A. Apparently received grants and money. Again easily Google. But did nothing with it. Then he sells it to sbfm, a public company that is underneath his private company advanomics. Again, in their filings, advanomics is the parent. But he sells the patents for around 15million to sbfm. I company that at the time had zero income. Traded around trips. Slammed 15mill debt on it. I guess pocketed the 15mill? That money could have been used to progress adva27a. But it was most likely pocketed. That screams scam.
Its all info I have found over the years. Its deep, but honest.
Been to TX lots of times. Don't forget:"I wouldn't trust him any farther than I could throw him".
Wink wink.
Two sides to all arguments. What's the difference between history of negative vs. History of positive? Perspective. Money clouds logic. Always has, always will.
My favorite quote: "individuals are smart, groups of individuals are dumb".
Probably not.
I'm honestly still waiting for confirmation a "usable" batch of adva27 was created. They needed 2kg. Enlisted the service, according to them, of like 4 different manufacturers. Only update I saw was from Lonza (the best). They couldnt do it unless sbfm paid 687,000 or something. No batch, no progress........all of that can be verified (again facts) by reading their filings.
I also read they purchased garmin, which was supposed to complete a sample of adva27a. They supposedly owned the company that could make the drug, but didn't or couldn't. More red flags.....
https://www.biospace.com/article/releases/sunshine-biopharma-inc-parent-company-acquires-b-garmen-laboratories-b-a-certified-gmp-manufacturing-lab-/?s=102
Again, what happened???
There's a trend here. Exciting news, nothing.
Incorporated in Colorado, resides is Canada. Thats multiple agencies. I've talked to the Coloado AG. "sceams red flags" was the quote. But its in Canada. Nothing we can do. And at the end of the day, its small fries for the SEC or the canadian bureau. They are too busy for trash like this.
Step further: https://www.otcmarkets.com/stock/SBFM/security
Lists it as a "shell risk". Based on prior activity. Nothing sbfm can do, but some algorithm or analyst flagged it.
No workers, no legitimate business address, no labs. Not even sure why this is a public traded company, other than illegitimate purposes. Dont need a public company to sell on amazon. Sbfm is a bank for a few canadians. Clever.
Xenopraph studies we are waiting on:
https://www.biospace.com/article/releases/sunshine-biopharma-inc-begins-construction-of-mouse-xenograft-models-for-pancreatic-cancer-to-advance-adva-27a-as-a-treatment-for-this-deadly-form-o/
From 2014.
And more recently......:
https://www.google.com/amp/s/www.accesswire.com/users/amp/viewarticle.aspx%3fid=563311
Descredit that.....directly from the scammers.