BioExx Specialty Proteins Ltd BIXZF

RE: RE: No ..we forgot

[Woodporter]

It seems I must do all the heavy lifting around here.

From their June 22, 09 news release:

"Bio-Extraction Inc. is pleasedto announce that it has developed a plan to commence production andsales of its high-value Protein Isolate and Hydrolyzed Protein products(together “Protein Isolates”) before the end of 2009.  Originally,BioExx had planned to reach this very significant milestone in early2011.  The advanced schedule, which does require additional equipment,flows from the enhancements to the design of its extraction process asannounced on April 22, combined with continued progress with regulatorycertifications and strong market demand.The planned system builds upon the existing design utilizingprovisional patent applications in the United States (and subsequentPCT applications) for both its Protein and Extraction processes, andwill now allow for the production of all grades of proteins from oneintegrated process.  The key additional equipment in the new BioExxprotein system is well proven in a broad range of food processingapplications, including the production of whey, soy, and pea proteins.

Theoriginal plan to commence Isolate production in early 2011 involved asignificant additional expenditure to build what was essentially aseparate process added to the initial lower-value Protein Concentrateplant. The accelerated Isolate producing process will require thatadditional planned capital expenditures be made earlier, but will avoidthe redundancy of some equipment that would have occurred by installingthe systems in separate phases."

Does any of this sound like they planned that plant to produce isolates from its inception? I think not.