Replies to post #2461 on Sunshine Biopharma Inc (SBFM)

[ronpopeil]

Much of the gains last week were a result, imo, to a pump and dump. I think word about this stock spread and a bunch of momentum players came in. Without any news, the momentum players quickly lost interest, sold for profits and moved on to the next big mover. I am hoping the company can file the IND and show progress. The recent PR's are nice but i want to see this in human trials. Until then, we will probably be stuck in a range. SBFM is an interesting investment since it's a company with a drug to fight breast and lung cancer (perhaps other forms of cancer). Wall Street loves these kinds of stocks and if good news comes out, the stock can go parabolic real fast. The company just needs to get moving on this so we can see what we have.

[errett]

G Bert---We have 200mm AS I believe---if this drug makes it to market it will easily generate $15 billion/year----we only have 50mm shares outstanding----if we had to use all of the remaining 150mm shares-----and we only use 1X earnings we would be at $75 pps------more likely we will use 100mm total shares and we will be priced at 2X earnings---$300 pps---it's all a guess this far out but we are in good shape as long as our science is solid.

It's more likely that Roche (someone?) will partner with us or buy us out before we are very far along in this process. This drug will work on 75% of breast cancer cases--HUGE!!!