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Bullboard - Stock Discussion Forum IBEX Technologies Inc V.IBT

IBEX Technologies Inc., through its wholly owned subsidiary, IBEX Pharmaceuticals Inc., manufactures and markets enzymes for biomedical use. IBEX Pharmaceutical Inc.’s primary business is the manufacture and selling of high purity enzymes for in-vitro diagnostics and research. The Company also makes and sell osteoarthritis kits (ELISA’s) for pre-clinical research. The Company has developed a... see more

TSXV:IBT - Post Discussion

IBEX Technologies Inc > IBEX TECHNOLOGIES SPENT $8K ON R&D Q4
View:
Post by guarantor1 on Nov 22, 2020 1:08am

IBEX TECHNOLOGIES SPENT $8K ON R&D Q4

IS THIS A JOKE ?

From the MDA
R&D expenses
1
 $8,137

AND THEY HAVE THE NERVE TO SAY THIS =

he Company continues to work on a number of new heparinase-containing clinical device projects with its key customers, some of which may result in additional revenues in Fiscal 2021 and beyond. However, as with all developmental projects, we cannot give assurances that any of these customer-driven projects will come to market and produce significant revenues.

call me Stupid, but $8k doesn't get you much "Development" of anything

Comment by guarantor1 on Nov 22, 2020 1:31am
I have invested in a fair number of so called 'Technologies" Company's And one assumption one makes is that R&D is a major expense. Apparently not with Ibex Tecnologies Why not ?
Comment by guarantor1 on Nov 22, 2020 1:46am
Maybe because pauls  bank  account is happy
Comment by guarantor1 on Nov 22, 2020 2:01am
HIRE SOMEONE LIKE BMO, CIBC TO GIVE THE SHAREHOLDERS A GAME PLAN GOING  FORWARD IBEX DOES NOT REVOLVE AROUND  PAUL.
Comment by guarantor1 on Nov 22, 2020 2:08am
Paul has given us, Highly Professional Guidance, Nice Salary And Zero Promotion Paul is near 80. And it is time to go,  But iot will not go easy
Comment by guarantor1 on Nov 22, 2020 2:16am
As  a big Ibex Holder. Let me Thank Paul. But it's Time I am sure that Paul will want his 2 x salary as compernsation. Whatever. Juat get it done
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