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BioExx Specialty Proteins Ltd BIXZF

"Bioexx Specialty Proteins Inc is engaged in the development and commercialization of processing technologies, for use in the extracting various active ingredients from organic and inorganic materials. The company's primary focus is on the production of proteins from canola and other oilseed feedstocks. Its products include Isolexx, a protein isolate for use in bakery products, meat products, vegetarian food products and meat analogues, and nutritional and protein bars, drinks, and supplements;


GREY:BIXZF - Post by User

Comment by newcomer21on Apr 30, 2010 3:39pm
371 Views
Post# 17050290

1.25 is realistic

1.25 is realisticWith the intricate processess and technology involved, it is wildly optimistic to believe there will be no other issues with commissioning, the handover from contractors and eventual gradual start up. Staff recruitment, training, and orientation will take time as well. This is new technology. There will be glitches or even shut downs to solve unforeseen problems in taking an experimental pilot project into full scale production. It is like going from a lab to a manufacturing facility.

Full production will not be achieved for three months or more. Earnings, upon which the share price is valued will begin to flow in perhaps six months. There is no more hype to be had. Return on investmenet depends on proof of concept in the form of production numbers from a fully operational manufacturing facility.  

There is a long wait until this is a profitable company. Not 8 weeks. That is naive. People on this board seem to think this company has developed a way to "print money".

To quote another prairie girl, "This isn't Kansas anymore Toto".
 
 
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