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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 TSX-BEARon Aug 29, 2013 11:28am
387 Views
Post# 21706322

Chris Schnarr finally resigns as CEO

Chris Schnarr finally resigns as CEOIn 2 years as CEO he collected $ 500,000 to keep up the facade that Chris  Carl
had created
I am sure that he believed there would be some success but  when the solvent ssystem failed in summer of 2011 it was all downhill from there and the food companies just were not interested to risk the capital that was required
Unfortunately they borrowed more and burned all the assets and now the CCAA filing is inevitable probably mid September if there are no buyers
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