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Agreed. The RS...if it happens, is a way for them to try again on the pathetic S1 by up listing. I'm pretty sure, they will need to maintain a certain PPS in order to be uplisted. So that could take some time. Management is the only people that will benefit here. Like always.
If, and that's if....they do maintain the share price long enough to up list this garbage, and it is allowed, they file the S1....again, GHS will purchase shares way below actual value....dilute who ever is left into trips all over again, so GHS can make money off SBFM
Keep in mind or reiterating.....the 10mill is NOT a set number. Its UP TO.....this is all a 100% scam, a shell company with no feasible plans or ways to achieve plans.
SBFM is simply a shell, which provides a few con artists a way to make money while doing nothing. All IMO.
Sorry. That is horribly written. Disagree with your conclusion.
Anyone else receive a response, we can compare the verbiage or signature.......to me, this has zero chance of being from company.
I actually hope this isnt from company. Wasting their time answering dumb questions.....no one even bothered to claim the response? Signed: management, or camille? 3 morons run this shell......
But administration? Dummmmm...fake.
Sorry. That's not from the company....
That's what my crystal ball says too..
ALL: 1/20 RS HAS BEEN AUTHORIZED BY THE COMPANY DIRECTORS. SCHEDULED: JAN 2, 2019.
Nice way for the company to start the new year!
THIS.......said it yesterday, before the filing.....actually months ago..........read these scam artist like a book!
It's been laid out all along. Indications were in all of their filings. I simply connected the actual dots.
Finally, GAME OVER!!
They may or may not try again with their ridiculous S1, but who's gonna touch this trash after Jan 2?? Still the same pathetic shell, no drug license, no workers, no drugs.....just less shares available. At least until they dilute that all over again......if the S1 happens, GHS will purchase stocks at an unreal low level, this will be back to sub penny before you know it.......biggest scam in OTC.
They are gonna try to milk this for everything they can before they bankrupt it, and start fresh with NOX Pharma....which has conveniently been formed and was given this fake garbage known as adva27a..... Another Colorado corp. Shell.
All IMO. Canadian authorities need to shut this down!
Thanks, I'll check it out.
I expect to see .0001 by the end of the week.......sorry folks.
This plan was so predictable.....unbelievable this stuff is allowed!! I feel for a few of you that didnt listen. Others......told you so!!!!!
They announced an RS!!!! Panic sale???
Besides bankruptcy, what would be worse for a shareholder......?
You being serious?...........twist this however you want, you magically think they will be successful now? After screwing investors?
Hippo still around?????
Replicating their business model looks better and better everyday. May have to create adva29c. Patent it privately. Sell it to my public self for millions using investors money, make up some bogus PRs cash in on those, then when dead.....RS it!!!
This is desperation IMO. Last ditch effort.....same phone product, different share structure.....all IMO.
Said it all along!!!!!!!!
They gifted themselves shares in order to account for an RS. These guys are pathetic!!!
Biggest scam in penny land, IMO.
I was there too. Money dictates logic.....
The epic failing of their financing attempts (jitney, and the waste of time GHS) speaks volumes. No one will work with them/they have no idea what they are doing.
The dots I connect are all negative.
We battled all sorts of investors years ago. Copy and pasted the same garbage about the company. They were right. "They" are still here now, warning people not to waste their money. But....I'm sure this time it will work. All IMO. Numbers dont lie. People do.
Someone will chop that up...
Everyone assumes this company is being led by individuals with good intentions. I'm sorry, I have seen no evidence of it. Their personal business endeavors have mixed too many time with their public endeavors. Money moving from their personal business to this public traded one. Its screams scam.
IMO, this is nothing more than a mechanism for a few clever canadians to manipulate loop holes. Fill their pockets as they see fit. There is no legitimate plan to sell generic drugs, or that ridiculous adva27a.....they are just dangling carrots.
Down 99% the last 5yrs.....?? Why is it even allowed to operate? Shut it down. I honestly think atlas pharma will ultimately bring this into bankruptcy. They cant afford to pay employees, or rent without enough income. To my knowledge, they operate atlas at a loss. Nice job morons!!
All IMO. We will see. RS coming or SBFMQ.
Fun line from the article:
Shares are now at -90% over the past year and five years performance pointed at -99.411765%.
Draw your own conclusions.....................
Nicely put. I have a feeling their virtual company is in Canada for a reason. Minimal regulatory oversight...
Eventually everyone comes to this conclusion.
All IMO.
As others have said, they don't reply. Maybe they should hire you to reply on their behalf? Although you do it free, it would look better....
I've tried many times....over 7yrs.....no one runs this shell.
Ok great. So you are telling me...you copy and pasted that ridiculous statement on their company website? I'm honestly not even going to look, as I dont believe that.
Its very poorly written.....not to mention random......why would they address anything like that on their website? Hopefully you didnt make that up. Love who its apparently written by......
Great post! Thanks for sharing.
Can you post the email address that message came from please?
So according to you, and you ability to read everything.......
Institut National des Sciences Appliquees, a government research lab in France.
Wouldn't have had the $$$ to move this useless patent forward?
Two guys from Canada is what it needed? Who have no money, no lab, no workers. That's what it needed huh?
Yikes.......if you aren't reading anything else, look at their budget.....dum, dum, de dumm dum.
There will be an R split. Only way to get the PPS to a level where they can try the garbage S1 filing/funding again.
Blood bath for investors. IMO.
There is absolutely no truth to that. The patent inventors (french scientists) wouldn't have sold it, if it had that kind of value.
The drug doesn't even exist. The drug is currently a hypothesis, scientific research paper written by one of the directors. FAKE. No proof to cure anything.
All IMO.
Welcome to the club!!!!
Its what SBFM is in business to do......steal shareholders money.
Fabricated lies, unethical business practices, ridiculous business plans....SBFM is a bank/ATM for camille and slilaty. There's no cancer drug, they will never receive a drug license, they will never sell a generic drug.......
Note: Scam artist tell people what they want and need to hear, to benefit themselves. Scam artist come in all shapes, sizes and forms.
What business does camille have in the bio sector?? If his background is accurate he knows nothing about it. And wow does it show. Company has gone nowhere in 7yrs. Some could argue ever.
ALL IMO
Little throw back, illustrating these clowns never created the patent they claim to be: adva27a. Inventors: Quirion Jean-Charles (Bourg-Achard), Castlot Deliencourt-Godefroy Géraldine Lho-Ircof (Rouen), Audouard Christophe
Purchased by: advanomics for approx 68,000$. Sold to: sunshine biopharma for 14+mill$$ For "price they believed was fair". Yes, the same people sold the patent to themselves. Advanomics was sunshine biopharmas parent company. Run by the same peopme..... Your CEO and CFO. Wiped out thousands of investors on that scam. Put lots of money in their pockets at investors expense.
Source: http://www.patentbuddy.com/Patent/8236935
ALL IMO.
Thats cool if they make a profit on them. Low bidding projects just to win them is just wonderful! Few cost overruns, few delays, ya lost money winning the contract. But....when your local gov't subsidizes you, who cares? Just keep people working. Bombardier is basically a government run business. Will always need gov't money...
They have a habit of boasting about sales numbers on the aviation side. Always delivered more planes than competitors.....flip the page, competitors always made more money delivering less. SMH. Not sure what the rail side does. Sounds like they have their share of issues too. Ala Toronto!
I'm pretty sure the overall consensus is that adva27a has essentially been mothballed. A new direction is certainly being attempted. Agreed.
However, their track record leads me to believe their current ambitions....of generics or testing services will follow the same path. Sliding time tables, same excuses (no money, no drug license, etc). They need actual workers, and a legitimate lab....it's as simple as that. Nothing happens without those two things. No one will finance them without workers, drug license.
Until then, this is just a salary/personal bank for a few canadians, at investors expense. IMO.
To all who believe Adva27a will ever fight/destroy anything, other than your portfolios......
Back in 2011, “Data published in our issued and pending patent applications have shown that Adva-27a is three times more effective in arresting cancer cell growth than its current market competitor,” according to Steve Slilaty, Sunshine’s president and CEO. “We anticipate completion by the first half of 2012, and if things go as we expect we anticipate Adva-27a to be available for compassionate use by the end of the trial."
Wow, almost 7yrs, same BS story. Zero progress. How many more companies do they have to go through, before they admit it's a complete failure? Wonder why Binghamton university pulled the plug?? Colleges get all sorts of Grant's and research money.......love to get feedback/results from an independent group on this so called cancer drug/hypothesis.
Source: https://www.genengnews.com/topics/drug-discovery/the-research-foundation-of-suny-to-help-sunshine-biopharma-push-anticancer-agent-into-the-clinic/
He definitely needs to go, IMO. Tough part....when you have companies that "operate" like these, with such low regard for rules, regulations, investors, and morality.....its hard to let a core person go. They "know" too much. camille is probably one of the sleaziest people you will ever meet. I'm sure blackmail is a large part of his personality.......I think he does less harm being useless at SBFM vs. Fired, and talking.....although he is probably guilty of all sorts of "things". Stay tuned to the circus that is: SBFM.
Just IMO.
Dumm de dum dum.
Typical SBFM investor....
Look who the author was......look at who the directors are. Might find a match. Hint: last name begins with an A.
I've seen the super drug details. It so great it still doesn't exist. 7yrs later. Plus they cant afford a testable batch of the drug. Stalemate with lonza for about 3yrs. Assuming they are telling the truth. Owe lonza 687 000$$. Guess lonza wont accept stock in lieu of money.
Not to mention it was developed by the French. If it was a great drug. The French wouldn't have sold it for 60k.
All IMO.....
Oh ya, the articles that were writing about the drug......just happens to be one of the SBFM directors. Imagine the odds........
I don't even acknowledge that "valuation".
I think they used that figure as a "what if". If they were like real companies, and actually had workers and a license or customers, and have been in business for years, maybe it would be worth a million, if that. Maybe....
That number is a play on a full report. Completely out of context. Nothing in a 10-q, or equiv illustrates a billion dollar company. Their filings illustrate a failing company. Scam.
Can't do that without money/funding.......or a drug license, or a lab, or workers. Huge hurdles in the way.....
There is no way this touches .01 without funding, workers or a drug license. So....which came first, chicken or the egg? Bad place to be.
This will go nowhere, management will just continue to collect a salary....IMO.
Another pathetic 10-q. Almost all copy and paste BS. No progress. Just hopes and dreams.....
In regards to the S1 being withdrawn. .
"On October 9, 2018, we filed a Registration Statement on Form S-1 and, as requested by the Commission, on October 31, 2018, we withdrew the same because our Common Stock is not currently trading on the OTCQB or a higher stock exchange. We are currently reviewing various remedy options."
Way to do your homework morons!! They have No idea what they are doing. IMO.
Psht.....bombardier is where money goes to die.
I used to work there, I know better....it needs major changes. It runs like a government agency. No accountability, cost overruns, deadline overruns, lazy employees, poor management....lies....
I could go on and on.....perhaps bankruptcy is upon us again?
Point taken my good sir. I agree, and probably why I haven't yet...
But to my other point. Here is one of Camilles shell companies.
https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=4019318
See it listed as: 4019318 CANADA INC.
Cross reference that with a, well i don't know....an 10-K and boom.
https://seekingalpha.com/filing/3505434
right above where page 25 is.....you see this: "Includes 129,488,927 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."
INTERESTING....
Here's the actual filing: http://pdf.secdatabase.com/2014/0001128732-16-000031.pdf
Shells include: https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=4019300&V_TOKEN=1542211552468&crpNm=4019300%20CANADA%20INC.&crpNmbr=&bsNmbr=
https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=9283153&V_TOKEN=1542211975291&crpNm=9283153%20CANADA%20INC.%20&crpNmbr=&bsNmbr=
I'm sure there are more. ALLL AT THE SAME ADDRESS..... Just facts from websites and connecting the dots. I don't know......
Forward the proof, and report them please. I've seen his shell companies, SBFM is a shell IMO, and seen transactions from SBFM to camilles personal company. His company was gifted/given SBFM shares, no cost. Its published. I know.
Like I said, if it's legal, I'm doing it.
Excellent question. Few reasons. But, if I can keep another dollar from flowing to their sleezy pockets, I'm happy. Second, if their business model/plan is deemed legal, meaning they have conducted themselves according to rules and regulations based on what I've seen.......
I'm going to do the exact same thing. Pocket millions while producing nothing of value to investors, based on a drug hypothesis I purchased from a scientific research group. Pay myself a nice 6 figure salary.....never respond to anyone. Just file with the SEC as necessary....to me, again, if it's legal, is the perfect scam. I want in.
Weeee.....you could sleigh ride on that chart!!
Owie. Not sure where this will end. But once it falls below 2.00, this could get super ugly. CEO announcing possible future layoffs on top of 5000, and partnering on the CRJs.....wow!! Hes lost all faith in their current business model, IMO. Thank goodness the global's sell themselves.