BioExx Specialty Proteins Ltd BIXZF

RE: Patience

[brnt999]

The company began with a plant startup of Christmas 09, then changed it to February 2010, then changed it to mid April 2010, and I dont think they will make this date either. What matters is the company is losing its credibility. After you cry wolf so many times nobody believes you anymore.

I guess what p^sses me off is I have made investment decisions based on what management has said. The share price really hasnt dont much since last November--its been dead money. If I knew in November that the plant wouldnt startup until May I probably would have sold some of my shares and put some money in other investments and bought back in closer to startup time.

You have been a shareholder for 2 years which means you bought low and have done well. Good for you and Athena and Probability and Eunice etc. But it is a hell of a lot easier sitting on your hands doing nothing and riding out the swings in the market if you have a nice cushion than if you had bought in at 1.50 or 1.90 or 2.20 like some shareholders who bought in based on what management told them. They were fed a false bill of goods. They have a right to be upset.

I am not upset that the plant wont startup until May. I am upset management has been stringing me along. I am upset that if they didnt know or were not certain when the plant was going to startup then they should have not said anything. Management has been very focused on timelines and they have benefited from it-so if you live by the sword you die by the sword.