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Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows.


TSX:MBX - Post by User

Bullboard Posts
Post by spirdolaion Feb 23, 2020 7:18pm
94 Views
Post# 30723620

We are Paying the Wages of the BOD

We are Paying the Wages of the BOD

The Board of Directors has accomplished nothing this year and has accomplished nothing for the last 20 years. Yet we the shareholders have been paying their wages. How, the dilution of our holdings via share issuance at discounted values. They obtain shares and will readily sell them at any appreciation, watch and see once the four month holding period is over. This is how they get paid for doing absolutely nothing. 
Here we are waiting and holding for the long term payout and these guys are in it for the short term payout. While the share numbers increase and dilute our value. Can you not see that we cannot get out of the (0.5) half share increments. The spread on the bid and ask was at one point 4-5 cents, these guys have turned this into a stagnant penny stock that will never again trade in the 1.00 range. 1 dollar X 111,000,000 outstanding shares is a 100,000,000 company, this will never happen. Do the math you bas tards and stop diluting shareholder value. Instead go get a real job. At the next shareholders meeting all shareholders must vote for no more handouts via warrants and issuance of shares. RJC I guess you took part in the last dilution and you want us to read what?, there is nothing to read here. You are just waiting for your short term gain that will not happen for any of us due to business incompetence and greed.
Bullboard Posts