GREY:BIXZF - Post by User
Comment by
brnt999on Sep 08, 2009 7:50am
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Post# 16285316
RE: 2.34 Million Loss
RE: 2.34 Million LossAn investment in Bioexx has always been, as far as I am concerned, an investment in a company ramping up to produce high value protein concentrates and isolates.
The market is going to be patient and look past short term losses and debt as long as Bioexx is making progress towards reaching protein isolate production.The company has stated they will be profitable in Q1 2010.
You dont quite seem to understand this basic concept. I know you think we are all professional stock pumpers, but do you really think the independant analysts who are following the company and have high share target prices can't read a financial statement?
I think you are probably right--their will need to be additional financing to get them through to isolate production.I think the market will look favorably on successful financing. I think the share price will go up when they make this announcement. Its no differant than a mining company ramping up to begin production of a mine.As long as the company has enough cash to get them through to startup the market is forgiving of debt financing--in fact the market looks favorably on it.