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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

BioExx Specialty Proteins Ltd > A State of Shock
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Post by TSX-BEAR on Aug 01, 2013 8:52am

A State of Shock

All the believers and pampers are simply in a state of disbelief 
that Chris Schnarr could repeat what Chris Carl did and get paid $ 250,000 to do so
He took over in August 2011 and he continued the string along with half truths and nebulous promises shrouded in secrecy
He admited failure in Nov 2011 but promised more pie in the sky and never really revealing how hopeless his quest was
He borrowed 6 million in June 2012 and 3 more in Nov 2012 only to burn it all
Now are  so cash strapped that they may not even be able to sell the last item besides the tables and chairs of their basement office which is a pile of IP paper that says if you put up 100 million and wait 2 years to build a plant MAYBE their can be sales and profit of a product nobody wants now
Even their so called strategic partner has told them to buzz off as they are not interested in risk and new products

The dream has become a nightmare and I woke up in Nov 2011 and tried to give my input based on the previous lies of 2009 2010 and 2011 by Chris Carl
History repeats itself
BXI will declare soon as Timminco did with a debtor in possession to finalize the sale of the IP IF there are any takers .... Probably September after labour day 
put a stop loss at. Half a cent
Comment by Chartchecker on Aug 01, 2013 9:04am
On the side of Burcon they go (small) step by step and after the bif 20-year deal with ADM they are now facing a coming JV for their pea-protein go to the website and check news and facts
Comment by conscience1 on Aug 01, 2013 9:39am
Hindsight's 20/20 but the biggest warning sign recently (which I chose to ignore) was the sudden appearance of a new potential partner as the first EU deal was collapsing. This misadventure has cost me the first year of retirement. and some others apparently more. Now we're older and wiser. As disappointing as it's been, let's all be sure not to let it make us crazy, or make us ...more  
Comment by DrAudit on Aug 01, 2013 1:13pm
OK - Unzip.  This wreck cost me $25,000, maybe a bit more.  Any takers? Prize for the winner / (biggest loser) - all the canola you can eat,.....
Comment by DrAudit on Aug 01, 2013 1:19pm
does any one know how much protein powder these a$$clowns actually produced? Asymptotically I mean I count about 3 tonnes.  So each cost me $8,000.  What have the rest of yall been doing ?
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