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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

Post by buba1on Feb 29, 2012 10:16pm
403 Views
Post# 19608700

cash burn, profit & scale up

cash burn, profit & scale up

If the GLA report essentially says you need to scale up to be profitable ( and it is feasable to do so)then why keep burning through cash short term?

what point do you make ? none,all you have is a few more pallets of protein,loosing money when scale is simply to small does not justify the burn.focus on getting it scalled up and profitable.

 

better to preserve the cash you have

do not dilute further

secure the best LOI you have

 

Chris S is making a thousand times better decisions than Chris C ever did

 

hey have done all the heavy lifting,time for someone else to send them a bid

that will get reflected in SP

 

good night good luck in am 

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