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They should not have to take risk. That is what asset based lending is all about.
Read the PRs. They speak for themselves. I am not worried about the SEC in terms of Covid claims by the company.
Sunshine Bio launches COVID-19 treatment mice study
Feb. 10, 2021 8:48 AM ETSunshine Biopharma, Inc. (SBFM)By: Mamta Mayani, SA
Sunshine Biopharma (OTCPK:SBFM) has initiated a transgenic mice study of its COVID-19 treatment that has been under development since May 2020.
The mice studies are currently underway at the University of Georgia, College of Pharmacy.
The mice being used in the study have been genetically engineered to express the human angiotensin-converting enzyme 2 (hACE2) transmembrane protein in their lungs making them susceptible to infection by SARS-CoV-2.
The goal of the study is to determine if SBFM's protease inhibitors will protect the hACE2-transgenic mice from disease progression and death.
"Should these mice studies prove successful, we plan to submit the results to the FDA for authorization to conduct testing on actual COVID-19 patient volunteers in a Phase I clinical trial setting," said Dr. Steve Slilaty, CEO.
Last week, Sunshine Biopharma inked license agreement with the University of Georgia for COVID-19 compounds.
Tom Fatjo.....LEGEND! I knew his son...used to party with him when I was just out of high school....not so much of a legend, lol.
I will amend one thing. RBC deserves 100 times their money if that reflects the success attained by the company.
I was just involved in the sale of a family business. Every $10,000 in contribution was rewarded with a $4,000,000 return. That is a good place to be when everybody wins.
RBC deserves the money if the Dr succeeds in his business plan.
5 times the initial contribution is fair for a risky startup.
Also, the return should be guaranteed. That is how lending is supposed to work.
As I said- everybody here has their eyes wide open. If Dr S fails this stock will head into a toxic death spiral. I understand the risk and I am prepared to take it.
You may be correct..I hope you are wrong...Happy Sunday.
I don't think so, and here is why.
I think with pink sheets stock there comes a point where most of the public who might invest in SBFM already knows about this stock.
Those of us who know the story are already have the number of shares with which we are comfortable.
We won't get new demand for the stock until the company proves itself in my opinion. We are now at the mercy of the traders who will decide where our stock pps goes until we get the mice news.
I am holding until then and because of the above opinion I really don't care what the price of the stock is. Happy Sunday and hopefully Sunshine will perform sooner than later.
There is no way that note is being paid off
Are you sure about that or is that just an opinion? If the market sees that Sunshine has an effective solution for limited the spread of Covid OR the pancreatic cancer trials go well then venture capitalists will take out those notes quickly.
The chances of this happening are not good, but that is why we are here. We want this risk in exchange for the chance of a huge reward.
nodummy, I wish I had found your posts earlier. I would have not taken the risk on the new Mark Miller stock NWGC. I was told that Mark Miller of Minnesota might be a Barrick Gold executive. Your post about Mark Miller told the real story so I could exit. Well done.
I am not concerned. The mice study is being conducted now and the results will be out in the next 60 days. The mice will either live or die and the experiment results will be published for replication.
There is also another study with McGill University for the cancer solution that is starting very soon. We all will know the direction of this company by summer.
If the company fails then Sunshine will be a vitamin reseller. If Dr. Slilaty succeeds then this will be a good investment. I am prepared for either possibility.
I think that clearly one of SBFM's weaknesses is paperwork. They need help and I am calling the company on Monday and pointing out the mistakes on filings, etc.
If they can't get this right then they need to hire somebody who can.
I agree 100%. Thanks. Ihub is at its best when information flows freely and everybody has an open mind.
I agree totally. It is my understanding that the SEC have come to SBFM twice with questions and the company satisfied them with their answers.
Brett told me 18 million. We shall see.
Don't dismiss other posters because they are "new". I have made that mistake before and that is illogical. You need to evaluate their messages, and only their messages.
There are actually people like Tenkay and Janice Shell that are here to help. Read what they write and learn, imo.
btw TenKay, I am glad you have taken interest in this board. I am probably the biggest shareholder here, and I have taken quite a financial risk by buying the shares that I did. However, I think more true information is always a good thing. People should want the good AND the bad so smart decisions can be made.
I have read many of your posts, and I always feel like you are on these boards to find the truth. Welcome!
This is true. The company needs to succeed now or get diluted into a toxic death spiral. Everybody knew that already though. SBFM, like all companies in their position, has 2021 to either put up or shut up.
I saw that. Like most otcbb stocks there will be dilution to pay to keep the lights on.
Boon will either succeed or fail soon. The contracts are either real or they are not. If the revenue doesn't come then this will get diluted to hell and go into a pps death spiral.
However, if the contracts are real then shareholders here are going to make a very nice return.
I think your information is valuable because it is true, but it doesn't change anything for investors here who already were prepared to cut their losses and sell if the company does not perform.
I know that is true. You know your stuff. I have read many of your posts. The point of my post was to relay what Brett said in a public forum.
You are clearly not telling the truth. You probably view this as satire but I think this makes you less credible. You should just stick to the facts because every board needs a smart contrarian to keep things in perspective.
Some more math..... 202 days is a long time....double that long time and you get a very long time...but how does that convince Mike to sell some shares of NDTP?
Boon paid to have their PR sent to a wider audience. You will see the same on many different websites over the next week. I think the cost is $500, so I don’t view it as a bad move.
some more math..Mike has more shares than me. If Mike would sell 600 shares at 5.01 than I would have X + 600 shares.
Our government basically helped China and WHO cover up their lies about this virus. Our own government has never put the American people's welfare first at any step in the process. Why would they now?
$BNOW- 13m market cap, 25m in rev coming. NO BRAINER
The market cap is 13 million right....this could easily go to 1.50 under the right circumstances this year....EASILY.
lol, that is a TERRIBLE idea. Buy a 2019 and save 35%.
I am still a bit short. That was me with the million though seeing if the ask was real or not though. I actually did not mean to buy. Once they took 200k I cancelled the order.
that is AWESOME.
Scams like NWGC are up 36% and we are barely up. I don't get this market.
I bought 200k today at .079. Holding for the year.
holding strongly here....love the strong close into Friday.
That is how I would do it.
Why speculate when you can ask RBC directly? They will tell you. They aren't hiding anything.
I assume the AS will be increased here soon.
No entity or person can hold more than 5% of the OS without reporting it on a SEC form. You should contact RBC directly and ask them.
I think we will see a big change in the market right ahead of the bimonthly fail to deliver report.
Can you please send the name of that stock please? I will personally pay for a consultant for SBFM if that is what they need to get this done.
There is no shame asking for help. Just because they are having trouble figuring out these forms doesn't mean they aren't good doctors or practitioners in their fields.
13d or g.