Biorem Inc V.BRM

Alternate Symbol(s): BIRMF

Industrials

Biorem Inc. is a Canada-based clean technology company. The Company designs, manufactures and distributes a line of air emissions control systems used to eliminate odors, volatile organic compounds (VOCs) and hazardous air pollutants (HAPs). It operates through one reportable segment, which involves the manufacture and sale of pollution control systems. Its solutions include BASYS and BiofiltAIR biofilter, MYTILUS biotrickling filter, multi-stage SYNERGY system, biogas desulfurization, dry scrubber adsorption systems and cannabis odor control. Its BASYS and BiofiltAIR biofilter systems are suited for odor control applications, especially when removing reduced sulfur compounds or VOCs. It offers biofiltration medias, which include BIOSORBENS, XLD, BIOPAK and BIOROLL & BIOBLOK. The Company's service solutions include system upgrades, preventative maintenance, and replacement and spare parts. Its other services dispersion modeling, permit applications and community outreach programs.

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Biorem Inc

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Comment by KnowledgeSeekr8on Jun 29, 2016 11:44am

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Post# 25008727

RE:RE:RE:RE:RE:RE:RE:RE:Majority purchase by Chinese buyer

Thanks for that summary rationalexuberance! I hope you are right that the debentures get paid off but I wonder whether they are wanting to use a good chunk of their free cash for this. Although they may have generated a good amount of free cash flow in the first 7 month by the time that decision has to be made. I decided to add to my holdings yesterday with a purchase of another 7000 shares. I'm just shy of 30000 and feel better now that the bid price is back up to between .265 & .28. There was even a trade today at .29. Let's hope there is some positive communication again soon from management and we can get back to the .40 per share of the pre legal suit.

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