Sunshine Biopharma Inc (SBFM)

[HyperConqueror45]

@jaxxm - ive got similar bullish views as you on the stock and the balance sheet strength of the company. And even posted on yahoo that they should have about 18million in cash (0.73/share of cash) prior to the recent offering and 0.26/share of cash after. That nora pharm alone coild be worth 4x the market cap of SBFM. However ive emailed management a few times (to inquire about the strange timing of the offering (when they have cash and shares at an all time low) but have frustratingly received no reply. I also dont understand the warrants and why they would pay money to retire warrants that when they were way out of the money. Or why they would drastically drop the exeecise price of warrants. Warrants are liabilities of the company so they are essentially giving value to debt that would otherwise be valuelesss. Lastly, one minute management is buying shares in the open market and next minute they are issuing units for way less than the prixe of shres aacquired. Any idea what management was/is thinking? Im starting to wonder if they either dont understand finance, or they dont care about shareholders.