Sunshine Biopharma Inc (SBFM): If SBFM decided to liquidate and dilute,...

S&P 500

US TECH 100

Dow Jones

Brent Oil

Bitcoin

Sunshine Biopharma Inc (SBFM)

Reply Private New

Keep Last Read

Next 10 Prev Next

Send PM Follow Ignore

Followers	55
Posts	6415
Boards Moderated	1
Alias Born	07/28/2015

Re: None

Thursday, 09/15/2022 12:52:43 PM

Thursday, September 15, 2022 12:52:43 PM

If SBFM decided to liquidate and dilute, they’d be hit with a potential 30% tax liability.

At $18M, that’s be around $12.6M. And it’s worse than that, if they dilute their PPS will tank further, most likely dropping the market cap well below $10M

It’s just a hypothetical scenario, but financially, I don’t think they can recover and why would anyone bail them out or loan them money?

If you look at the positive side, which I write off as almost impossible, SBFM has to save the world with 3rd party vitamins it sells on Amazon.

The other way is to save the world with adva-27a or covid. In 12-18 months.

The positives and trying to be hopeful far exceed reality.

Keep Last Read

Next 10 Prev Next

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:

1D
1M
3M
6M
1Y
5Y

Detailed Quote

Recent SBFM News

Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 09:05:31 PM
Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 03/05/2024 09:37:03 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:05:35 PM
Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/23/2024 09:03:01 PM
Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/21/2024 09:28:39 PM
Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 02/21/2024 01:24:23 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 10:01:05 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 04:39:32 PM
Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 08:53:03 PM
Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 02/14/2024 04:18:31 PM
Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/13/2024 05:15:10 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 09:05:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 02:04:50 PM
Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/09/2024 10:17:56 PM
Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 02/01/2024 09:17:05 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 05:38:24 PM
Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 01/08/2024 01:10:54 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 09:59:51 PM
Sunshine Biopharma Moves Principal Office to New York City • GlobeNewswire Inc. • 12/04/2023 01:30:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/13/2023 02:00:15 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 01:00:46 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/02/2023 04:18:40 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 05:06:33 PM
Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 10/19/2023 04:10:36 PM

More SBFM News

InvestorsHub NewsWire

Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM

ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM

North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM

VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM

Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM

Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM

Start posting your company's news

Only $200 per official company press release!

InvestorsHub community

Register for free to join our community of investors and share your ideas

You'll also get access to streaming quotes, interactive charts, trades, portfolio, live options flow