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All that money could have gone towards drug progression..generic sales...need I say more??
They cant even get a DIN OR DEL. Maybe use that money to setup a lab, hire scientists....? But no, workers will start asking questions....figuring out it's a scam.
Real directors would withhold pay to get their dream to market. Especially if it has as much potential as they say it does. But not these con artists. They know they have no cancer drug. It's just a narrative that allows them to scam people. Real companies wouldnt touch this place based on how much they pay themselves. It's clearly a scam designed to funnel money to the directors, while they provide zero value to shareholders. It's all take.
SBFM = SCAM
ALL IMO
And this, from their filing.
Note 11 – Related Party Transactions
In addition to the related party transactions detailed in Note 4 above, the Company paid its Officers and Directors cash compensation totaling $41,000 and $358,774 and $136,131 and $401,739 for the three and nine month periods ended September 30, 2018 and 2017, respectively. The Company also paid its Officers and Directors non-cash compensation in the form of shares of common stock valued at $171,000 and $336,000 and $600,300 and $336,000 during the three and nine month periods ended September 30, 2018 and 2017, respectively. For the nine month period ended September 30, 2018, the Company expensed an additional $600,300 in compensation to the directors in exchange for 81,000,000 shares of the Company’s Common Stock issued in June 2018, valued at $0.0053 per share, or $429,300 and 114,000,000 shares of $0.001 par value common stock issued in August 2018 valued at $0.0015 per share or $171,000. Stock issued for executive compensation is valued at the closing price on the date of issuance.
DOES ANYONE THINK THEY DESERVE THAT KIND OF MONEY??? WHAT HAVE THEY DONE?
SCAAAAAAAAAAAAAAAAM.
REVIEW HOW MUCH THE FAILED S-1 FILING COSTED. PLEASE IS AN INCREDIBLE JOKE.
SBFM = SCAM
ALL IMO.
I suggest you do your own DD. Google advanomics, Google adva27a patent numbers, Google advanomics grants and funding. Google,Google, google, it's all there.
Read their filings.....
All of your questions will be tragically answered. According to them, they have received all sorts of Grant's and funding....where did it go??? Lol, that's reason 4,382 of what makes this a scam.
They are no longer capable of getting funding. Its It's set up to be too much of a scam. No one can raise them legitimate money, no one will lend them money, as it will just be paid to the directors, as the directors have set things up where sbfm owes them money. It's all a tangled web of lies and manipulation. Exactly why all of their attempts fail. This isn't a company.....its a scam. Look at their filings carefully. It literally lays out the scam. It's all there. No progress, no workers, no money, no labs, tons of debt.
SBFM = SCAM
ALL IMO
Anything is possible. Anything. But don't expect it to stay there. I'm not sure what else can be said at this point. This is a company founded on the creation of cancer drugs. Bog shoes to fill, based on that goal.
Since inception, zero progress. Zero. I should stop right there, but one thing that is hard to prove, is intent. For me, this is run by 3 com artists who carefully calculate each step of this, a cashed in allthewhile. There is no legitimate plan for any progress. There was never any intent to bring a drug to market. Adva27a patents are based off of French institutes work. Silanty bought their hard work. Slapped a few BS patents along with it, and sold it from his shell company (advanomics) to sbfm for millions. Adding tons of dent to sbfm shareholders, for no value.
Also, based on their day to day, no one would give them funding. What would it be for? Costs hundreds of millions, if not billions to bring a cancer drug to market. They want 10mill apparently? What will that do? They needed like 600k to make a batch, according to the con artists, and Lonza. Start there. Which they could have used various proceeds from their non stop pumps to fund that....if they were legit. Spend 600k to make billions?? Sounds good. But.....why do that when they can keep milking this false narrative instead?? Without a batch, ummmm.....its worthless, everything. Banks and investors wont waste their time. Plus all the back door exchanging of stock and monies between sbfm, and the directors shell companies, hahaha. Why would you even waste your time? Talk about conflict of interest. It's all a SCAM.
last, what purchase order are we waiting for? They are drop shipping a generic amino tablet. What company would waste their time buying it from them? And why? And what margins do you expect with drop shipping a bottle of amino acids??
The amino nonsense is just ANOTHER random out of the blue attempt to scam more investors, and to use SBFM as a bank, to fund their personal endeavors.
SBFM = SCAM
DONT WASTE YOUR TIME, WE ARE ALMOST INTO A DECADE NOW, ZERO PROGRESS ON THEIR FAKE FLAGSHIP DRUG.
WHERES THE POST RS FUNDING??? THEY REALLY BELIEVE PEOPLE ARE DUMB ENOUGH TO THINK AMINO SALES WILL HELP FUND THIS TRASH?? WHAT HAPPENED TOCTHE 32 GENERIC DRUGS THEY WERE GOING TO SELL?
HEY CAMILLE, WE ARE STILL PAYING FOR THE WORTHLESS PATENTS YOU FORCED ON INVESTORS, AND THEN GAVE AWAY TO YOUR NEW SHELL "NOX PHARMA". SCAM.
ALL IMO.
PnD seemed to fail with the ridiculous waste of an 8-K. Expect more fluffy news soon. They need money bad. I expect you will see all kinda of price swings in the news few days. Good luck everyone.
SBFM = SCAM
ALL IMO.
Really?!?! How did you come to that conclusion?? Its been 9yrs since they announced that.....I'm guessing the small price jump has to do with their unjustified 8-K. PnD time. Back to red soon.
There is no plan for trials. Trials require money. They have none.
SBFM = SCAM
ALL IMO.
I wish there was a way to see camille shell companys trades(daily). I wouldn't be surprised if he uses it to artificially move the price up, buying shares, ballooning volume to manipulate dumb buyers. When it hits his a certain price, sells. Kinda like what happened today. He just has to make sure his shell companies total stock owned is the same for the next filings.
Really?!?! Selling amino acids as a drop shipper is BIG NEWS?!?!!
SBFM = SCAM
ALL IMO.
Quarterly pump n d.
Enjoy!! Happens every quarter. Wait until camille starts selling into it. They gotta pay their bills....that's what SBFM is for. Funnel money to their shell companies.
Curious if the volume is nothing more than the shell companies linked to SBFM? Advanomics and Camilles other fake companies.....artificially prop the volume/price....finding uneducated investors to buy in, so they can sell for profit. Amino sales on amazon Canada should have zero impact. They shouldn't be able to cash in on such a ridiculous plan. Did NOT deserve an 8-K. They became a drop shipper, we all can do that. Dont need to scam investors to set it up.
SBFM = SCAM
ALL IMO
Place is a joke. It is a personal bank for a few con men. They use sbfm to pay for their personal endeavors. Congrats everyone involved!!! Sbfm just became a drop shipper of garbage amino acids. That needed an 8-k. Minimal margins if they sell any. This amino scheme has no value.
A reminder from SBFM website:
Sunshine Biopharma Inc.
Sunshine Biopharma is a pharmaceutical company operating in the pharmaceutical testing services sector, as well as, in the research, development and commercialization of drugs for the treatment of cancer and other acute and chronic indications.
Selling aminos tabs with amazon???? Uhhhhh.....abort, abort, off course!!! Doesnt fit the corporate statement.
SBFM = SCAM
ALL IMO
its about that time again. Unfortunately they already permanently stole some of your shares earlier this year, but may see a rise on more fake SBFM news. This is the time to play this scam. Price may or may not rise.....people watch this, its easy money with the almost quarterly calendar pumps. Just dont buy into the copy and pastes, from the newbies that show up. It will fall just as quick as it rises. There is no cancer drug, never was.....but. ....random newbies will copy and paste SBFMS copy and pasted material from 11yrs ago.....16x, blah blah blah....... Know what you own.....this is a funneling mechanism for a few con artists in Canada, nothing more....itll pump, then dump. Always does. Random people will post how their cancer drug is right around the corner....its funny. May be pump time!!! SBFM = SCAM ALL IMO.
Theres the BS news we were waiting for!!!
So this company is supposed to be it should have already created a cancer drug, or should be selling real generic drugs, as listed on their many fake news PRs.
But here we are, selling a generic amino, strictly in Canada, on amazon Canada. And we are supposed to be excited?!? News flash, it was up a few weeks ago for sale, then taken down.
What market share will there be in ONLY CANADA?!?! What's are the margins, selling amino tabs in canada???
AND OF COURSE, THERE ARE NO ASSURANCES THIS WILL HAPPEN. just like everything else they announce. They are pretty much trying to be a drop shipper. Cant even do that right.
SBFM = SCAM
ALL IMO.
You will see the price tank right before pump news.....down 45%....I expert to hear some fake news very soon.
Tanking the price is phase 1 of pnd.
Filings coming due, should see the typical quarterly pump n dump.
Cant wait to see what bs they come up with.
This joke went from trying to make and sell cancer drugs....to now failing at selling generic amino tablets. Hahaha. Still incapable of that. Unavailable on amazon now, still unavailable at their random website sunshineessentials.
All smoke and mirrors.
SBFM = SCAM
ALL IMO
Cant fix a scam with new persons, its still a scam. This only exists as a way to funnel money for a few con artists.
They will never get legitimate funding, when they owe so much money to themselves. Directors loan themselves money, charge interest, owe for the fake patent price. Any money a bank loans them, will be funneled to the shell companies.....zero value to sbfm.
Ummmmm.......yea.
Lol.
The end or the day, they will never get legitimate funding, despite their BS. They owe themselves too much money. Let that sink in. They owe themselves, or their shell companies too much money. Funding wouldnt even touch future plans, it would all go to then directly for notes. They lend themselves money, and charge interest. They owe themselves too much money for a real bank to invest, or fund. They may find scam companies like that GHS. But GHS has their own agenda when helping these shells. Search ihub. They will dilute the piss out of this....
And yes, this IS a shell. No WORKERS, NO LAB, NO LEGITIMATE BUSINESS ADDRESS, NO REPRESENTATION ( FORM OF: INVESTOR RELATIONS, HR. ETC).
SBFMD = SCAM
ALL IMO.
Funny/sad.....you were one of the few that claimed to receive a response back from said shell company. Correct?
You are correct! The whole reason SBFM exists, is to funnel money to their personal shells. When those notes become due....you guessed it, pump time. That money from the pumps, you guessed it, go directly to advanomics..or their other shells....which are owned by camille and silanty. It's a win win for them. They own personal stocks, so benefit from selling at pumped levels... and they receive money for various payable notes due, on the money they lend themselves....yes, the CEO "loans" money to his own company, and charge interest on, and the money owed for the purchase of the phone payments....which if you follow, that note always changes. as they cant afford it. Despite them deciding it's what it's worth.....if they ever put the purchase of the patents to a vote, like a real company, a board would have easily struck that down. But since they continue to gift themselves shares to make sure they are always majority......investors can do nothing, but watch them funnel money as they see fit, adding zero value.
It's a scam. Clever web of shell companies. Unfortunately Canada is useless, when it comes to oversight. Probably why they are there......maybe. their listed addresses are either virtual, or nonexistent.
And I quote, directly from the con artist.....
(4) Includes 129,468,927 shares held in the name of 4019318 Canada, Inc. Mr. Sebaaly is the sole officer and director of this company and, as a result, controls the disposition of these shares.
source: https://www.sec.gov/Archives/edgar/data/1402328/000165495418013285/sbfm_14c.htm
Page 6 of the filing. One reason this is legal or still running IMO, is they are literally telling you it's a scam.
Each filing should end with: "they are buying it, they are buying it, holy crap i cant believe they are buying it".
SBFMD = SCAM
ALL IMO
THIS IS WHY THEY WILL NEVER GET FINANCING.....
On December 28, 2015, we acquired the worldwide issued and pending patents under PCT/FR2007/000697 and PCT/CA2014/000029 (the “Patents”) for the anticancer compound, Adva-27a, which include all worldwide rights to this intellectual property in exchange for a note payable for $12,822,499, with interest accruing at 2% per year beginning January 1, 2016 and quarterly payments of $70,000 plus interest commencing the end of March 2016 and continuing until December 2020 when the entire principal balance and all accrued interest would have become due. The note was collateralized by the Patents. Pursuant to an amendment agreement effective December 28, 2015, this note was cancelled and replaced with a new convertible note having a face value of $624,875, comprised of $462,870 in principal amount which is the seller’s (Advanomics Corporation, a related party) book value of the Patents, plus a $162,005 amount as an adjustment for the currency exchange difference. This new, interest-free note was automatically convertible into 240,336,451 shares of $0.001 par value Common Stock upon our successfully increasing our authorized capital such that a sufficient number of Common shares is available for issuance.
On July 6, 2016, we filed an amendment to increase our authorized capital to 3 billion shares of $0.001 par value Common Stock and 30 million shares of $0.10 par value Preferred Stock. Pursuant to the terms of the aforesaid two convertible promissory notes, on July 8, 2016, we issued 321,305,416 shares of our $0.001 par value Common Stock to Advanomics Corporation, a related party, in exchange for cancellation of the two notes payable specified above totaling $835,394.
IT ILLUSTRATES THEIR FRAUD SCAM PAYMENT SCHEME. BILL FOR THE PATENTS FROM ADVANOMICS (CAMILLE & SILANTY) SHELL COMPANY. LOOK AT THAT DEBT OWED FOR USELESS PATENTS.....WHY WOULD ANYONE HELP THEM FUNNEL MONEY TO THEIR PERSONAL SHELLS???
Who knows. He's a con artist. I'm still waiting to understand why camille's personal shell company owns so many shares of SBFM? its listed on the filings.....anyone have any insight? His personal shell was gifted shares.
Thanks.
Imo
Probably virtual. I'm not convinced camille even lives in Canada.
Pretty good article talking about the epidemic of shell companies like SBFM, advanomics, NOX pharma...shells of shells of shells.
Canadas little to no regulation, is making it a haven for shell scams for con artists like: camille and silanty.
Little dated, but relevant, IMO.
https://www.google.com/amp/s/business.financialpost.com/news/fp-street/caught-in-a-web-of-spinoffs-inside-canadas-expanding-universe-of-shell-companies/amp
SBFMD = SCAM
ALL IMO
Thought you meant B for Bailout......
Or
B for Bankruptcy without government injection....
I can patent Law mover wheels. 16X better than any other...... globally. Yawn...I can even pay a friend to write a report on how great they are. Doesnt mean they are worth anything...especially if I NEVER make an actual set of them. This is a scam, for gullible folks who are desperate to hope for something cheap and easy.
Only worth what a buyer is willing to pay.....this patent was created by the French. They sold it to silanty for 60k. That's what it was worth. Today, who knows..no progress, no proof it can be anything more than a hypothesis on paper.....could be zero.
When you scam sell it to yourself for 14mill....as they did. From advanomics, to themselves....sbfm....well, that's a scam sale. No investor input....conflict of interest honestly.
SBFMD = SCAM
ALL IMO.
There is zero truth to any of that..
Pure speculation at best!
If it was worth a damn, it would already be curing cancer. Get real. REAL doctors, scientists, biologist are handling it....not a few con artist who cant manage a penny stock from a remote address. Get real!
also, dont forget.....its SBFM "D"....
dont leave that out, they earned it.
SBFMD = SCAM
ALL IMO.
There's no legitimate plan, there's no money for having no legitimate plan. It's the same copy and pasted plan for the last 7yrs. They can't secure funding.....not surprised....no workers, no labs, no drug license.....what the hell would you be funding?? A piece of paper with no legitimate proof it can exist??
If adva27a was worth it, real companies would have purchased it already, slilanty and camille could have retired, or started with adva28a....an even better cancer drug scam....there's no one in the pharma world waiting, or watching this trash. Imo. Its just a clever scam by a few canadians. Make money on the fake news, sell. Adva27a will NEVER EXIST.
Adva27a is a failure. No funding, no workers, cannot be manufactured. It's a mega failure. Real investors, towards the beginning of this scam, when it was trading over a dollar a share concluded this. This is just games for slilanty and camille now......
Honestly.....they are tryin to sell generic amino tabs to fund a cancer drug?!?! Stop it.
SBFMD = SCAM
ALL IMO
It can certainly happen. Read up. Understanding of scam shells is a little off, IMO.
FUN QUOTE:
"Generally, a reverse stock split is not perceived positively by the market participants. It indicates that the stock price has gone to the bottom and the company management is attempting to inflate the prices artificially without any real business proposition."
Key word "real".
shell companies such as this one, are run by con artists. Or wait..example..they were originally incorporated in Colorado....but reside in canada.....i can live with that, though suspicious.....this shells parent company is another shell owned and operated by said con artists.....but that's private(advanomics)....oh and its address is the same as all 3 CEOS address......hmmm.... Underneath two shells companies (advanomics, SBFM) is now a third shell: NOX pharma. Oh and all of the proprietary nonsense of the scam ADVA27a was transferred to it for 0.00$$.
But.....the 1st scam shell advanomics who purchased the failed adva27a patent for 60k privately.....sold it to themselves and investors publically (SBFM) for 14mill. Pocketing it all. Years after lies and useless timelines....it was given to their other shell company, NOX pharma, for again.....0.00. Still owned by the same con artists....scam.
SCAM. and yes, companies can file multiple RSs'.
This will go nowhere. Its a PNd shell. Only reason its not at .000X, is the result of scamming people's shares/RS.
SBFMD = SCAM
ALL IMO.
Lastly, anyone hear from the company lately?? Or should you all just hope something happens..?
government run/sponsored business/penny stock....who would have guessed......?
Same here. Filings due soon. Should be some more FAKE news out. No question.
Anyone have any ideas this go around??
Won't be amino sale....who honestly cares anyways....
Just signed with the 4th manufacturer to try to make the fake drug adva27a. Won't see any news there.....imo.
Filing for the S1, to dilute the piss out of anyone left here? Maybe....but that won't help the PPS.
Another RS? Maybe....
Another random strategic alliance? Zero have produced results to date....maybe this one will be different...lol
Camille is getting a boob job?
All we know for sure, is it will be a PR and not an event linked to an 8-k. That would hold them responsible. Another PR wrapped in a safe harbor message is more like it.
SBFMD = BIGGEST SCAM IN OTC
ALL IMO.
Send them the purchase agreement of the useless patent where slilanty or advanomics purchased the patent from the French for 60k. Later sold from slilanty to a public traded company, SBFM FOR 14MILLION!!!!!!! SCAM. FRAUD!!
THERE'S SO MUCH MORE!!
Flooded supplement market. Expensive amino tabs. Only for sale in Canada = useless. Margin if any, will be negligible, assuming they have 1 bottle available. Kinda hard without workers.
SBFMD = SCAM
ALL IMO
I am still convinced this random amino is someone elses. They are simply selling it as a generic equivalent. Slap their pathetic name on it. Hence the canadian approval. All seemed to happen quickly, IMO. Went from no news, to we will start shipping in the coming weeks. Which of course didn't happen. Shocker!
And now the so called amino is no longer available on amazon Canada. Again, shocker. Shortly after it was recognized on this board, it was removed.......
Quite typical of SHELL companies though. PR central, no progress. Just slipping time lines, lies wrapped in a safe harbor message. Can't wait for the next filing. They desperately need a pump!!
SBFMD = SHELL SCAM
ALL IMO.
Imagine that. If anyone gets bored, Google the web address they list on the packaging of the bottle itself........cant make this stuff up......
www.sunshineessentials.ca
Reminds me of the Advanomics website. FAKE!!!
Can't wait for the next filing. Lots of questions.....I'm sure it will be mostly copy and paste, but curious....with this amino nonsense. Won't find that in previous filings....never heard a plan of case for that. Then magically available.....much more to that story.
Perhaps selling someone else's amino, but using their pathetic name and packaging? What employees do they have to develop this? Where did the money come from? What warehouse are they selling it or housing it in??
Most likely, they didn't create this.....don't see where the $$ or expertise came from.....so they will likely pay royalties to the actual maker, too. Net profit?? Dollar? Zero? Based on the track record.....sell at a loss? YOU CANT EVEN BUY THE PRODUCT ON THEIR WEBSITE!!!! WHAT?!?!
Can't wait for the next filings!!!
SBFMD = SCAM
ALL IMO.
Canada only. Useless. Wonder who they contracted to produce, ship this....??
So.....the scam artist claimed their new generic drug (9TM) would be shipped out by the end of January, 2019....any updates???? Do they have a purchase order? Did they ship a single unit??
Probably NOT. Just more pump news, designed to manipulate the PPS. Imagine that!
https://www.google.com/amp/s/www.baystreet.ca/amp/articles/stockstowatch.aspx%3farticleid=44403
PRs = lies wrapped in a safe harbor statement.
8K = truth/accountable
SBFMD = SCAM
ALL IMO
His statements always "GUARANTEE" things. It's meant to be a joke. The only catalyst here are unsuspecting investors. Only reason this isnt bankrupt yet, is the power of the PnD. That's all this sham is. Pnd factory. Fake address, no workers, zero accomplishments, fake drugs.
SBFMD = SCAM
ALL IMO.
Cant wait! Get the news involved, finally!!
SBFMD = SCAM
ALL IMO.