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Time to buy some more $.60s?
Then should get back to $4 fairly quickly!
How about AXXA $0.20 2023!
Sounds good....2023 to $.10
Perhaps Mr. Chamoun, Nora Pharma’s current President, is in line to take over SBFM at some future date to make sure the Cancer and Covid treatments get Health Canada and FDA approval, and then to market in both Canada and the US.
This may be wishful thinking, but I can wait a few more months to find out where things land with this acquisition.
Yes, it was part of the acquisition and there is also an employment agreement:
On the Effective Date, the Company and Nora Pharma entered into an employment agreement with Mr. Chamoun, Nora Pharma’s current President.
Pursuant to the employment agreement, Mr. Chamoun will continue to serve as Nora Pharma’s President and will be paid a base annual salary of
$125,000 CAD, with 3% annual increases beginning January 1, 2023, and also includes an annual bonus equal to 5% of annual increases in Nora
Pharma’s gross revenue up to $5 million (CAD).
Yes and looks like SBFM needs to keep putting out the NEWS to keep it going, assuming they have more. We'll see!
Sounds good. I have a few more $$ to spend in the $.004-.005 range.
Are you buying in again at these low prices?
Still here averaging down = no regrets and $10.7 Million revenue....
"The strategic acquisition of Nora Pharma significantly expands our revenue stream and is expected to generate multi-year top-line and bottom-line growth going forward."
If NoraPharma sells $10,700,000+ in products, they must have something going for them and that is where SBFM benefits going forward.
https://norapharma.ca/en/
Wow! SBFM is a $10,000,000+ revenue company overnight! Looks like their plans for the future are finally being revealed. Now, we wait for the Cancer and Covid treatment updates!
I agree, buyback a few million shares, show mice data, provide update on IND application and a Phase 1 Human Trial update. All of this will bring this back to where it should be $4-10/share.
Based on Nefyn saying CCAJ is gonna run to $.006+ and Swanlinbar saying $.01+
I say $.005+ is next!
Time for Sunshine to Shine. Show the goods. Show the progress on the IND application. Show the progress on the Phase I Clinical Trial plan. Seems easy to provide an update on all of this unless.........?
If AXXA is really headed to $.35 this year, I'll definitely buy more between $.02-.10.
Yes, I've averaged down enough for now. Don't want to tie up anymore $$ here until I can average up. If it ever hits $.02, I'll have more confidence it can go higher. Right now AXXA appears to be stuck around $.01 and not sure for how much longer. That's my game plan for now, but as you know we can change our minds at any time.
Still waiting to see $.02 to put more money here. Need to see it snap out of this lingering around $.01.
Not sure about a catalyst, but still thinking $.005 is around the corner.
Almost hit $1 today. Perhaps SBFM will top $1 sometime next week. I accumulated a little more yesterday and today knowing SBFM will either make a comeback in the next couple of months or it won't!
Interesting SBFM green day today!
2022 will definitely go down as a bad year for SBFM. Will 2023 be better? I'm holding 3-5 months to find out.
April is the delisting month based on the 180 day rule, but I think we'll find out before that if they make a comeback in the share price. Not sure what they are doing (or not doing) behind the scenes, but think it will be revealed in 3-5 months.
So looks like will have a better clue about the future of SBFM in 3-5 months. Either still on the path to delisting or a comeback with significant progress reported on cancer and covid treatments!
Looking forward to $.005!
A nice GREEN day! Been out all day so surprised to see!
Yes, and have a fair amount but need a few more!
I tried in last 10 minutes Friday, but didn't get them. Planning first thing Monday.
And Shell status has been Removed! Looking good!
Yes, and 4-6 months from now the answer about the NAS listing and the future of SBFM will be much more clear.
My crystal ball (if I had one) says to accumulate slowly and hold on boldly for 4-6 months.
Appreciate the heads up on a break out timeframe!
Well I think we'll know a lot more in 4-6 months. That is the window of opportunity to make this company relevant again and comply with the the NAS listing rules. My guess is SBFM management is not planning to let this get delisted.
This is the link to the 2012 Benzinga article. It got posted on September 25, 2022 so I missed that it was 2012. Look closely at the date at the top of the article.
https://www.benzinga.com/12/09/2939157/biotech-stock-breaking-news-sunshine-biopharmas-otcbb-sbfm-lead-compound-adva-27a-rese
Wow, I missed that year and read 2022! Must have been too hopeful for something new. Wonder why mrpenny put that up again? I guess to highlight the 10 year anniversary which we all know. The 2012 publication is all over their website and filings. I should have caught that!
Sounds good. Perhaps $.01 Monday, .02 Friday, .03 the next week, .04 the following week and so on. Just speculation, but you never know.
Very interesting development. If SBFM publishes updated cancer study results in October 2022 followed by a timeline (in 2023) for the Phase 1 Clinical study, that should be the needed catalyst for a sustained uptrend.
Here's the journal link to watch for the publication: https://ar.iiarjournals.org/
And maybe $.04 within 2-3 weeks!
What do you think it means? Green is Green, but is there anything more to Friday's gain?
Any thoughts on price action in the coming weeks?
Looking forward to breaking $.02, .03, .04.....in the coming weeks!