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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, vegetarian food products and meat analogues, and nutritional and protein bars, drinks, and supplements;


GREY:BIXZF - Post by User

Comment by brnt999on Sep 11, 2009 3:33pm
181 Views
Post# 16298608

RE: RE: Should be an interesting few months

RE: RE: Should be an interesting few monthsThe way I see it they will need short term financing to get them to isolate production.They are not reall going to see the full benefit of isolate production until the end of the first quarter which would be too late to leverage this for construction of the plant in the Spring.I think they would either have to delay the startup of the new plant or do an equity financing. I say they announce isolate shipmeent the end of December--stck price shoots up to 2.25. They do a 10 million share equity financing to pay their share of the new plant, announce they have secured financing for 2nd plant and by end of January share price is 3.00
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