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Bullboard - Stock Discussion Forum 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... see more

GREY:BIXZF - Post Discussion

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Comment by TSX-BEAR on Jun 08, 2012 10:30am

RE: RE: RE: Who is in control of BXI now ?

1320 racing I will respectfully say this :

Romspen will not run it. I suggest that they will be the "middleman" arranging a deal with the food company.

2 Scenarios for a deal - Which is more likely ??

1. Pre- Burnout 

   Buyer pays 20 cents sp to BXI (100 % premium to current sp) which is $ 44 million  plus the 6.4 million to    Romspen and then invests 65 million to run Saskaton with BXI overpaid staff who failed to produce

2. Post- Burnout

    Buyer pays Romspen only the 10 million (they get 50 % profit) and then invests the 65 million with THEIR

    experienced world class engineers using th epositve GEA report to produce Canola Protein on a profitable commercial successful enterprise.

Winner = Global Food Company with a great deal in a pick  up the pieces deal

Loser- = BXI shareholders and incompetant BioExx staff that failed in the Holy Grail of new Plant Protein

 

Which deal

Comment by 1320racing on Jun 08, 2012 10:59am
This post has been removed in accordance with Community Policy
Comment by jchef on Jun 08, 2012 11:07am
Romspen has already seen the report. This is why they granted the loan. It's the only thing that would justify the risk. >
Comment by buckrod on Jun 08, 2012 8:36pm
It will be deal #1, except about 40-50 cents then the shares will be worth $2-3 dollars down the road(when plant 2-6 are built) . Real winners will be big food companies that got in on this and BXI shareholders. The big food companies compete with each other too, thats what your forgetting. A strong toe hold in a new and gonna be soon scalable and very profitable canola protein business ...more  
Comment by DrAudit on Jun 08, 2012 9:44pm
At least.  I still like Elfords 35 dollar number myself. 
Comment by jchef on Jun 09, 2012 1:09pm
If sara was on this board today, which persona would she be?>
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