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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 CurlyMickon Mar 08, 2012 4:22pm
205 Views
Post# 19645846

RE: Process correction

RE: Process correction

Mike:

 

As you quoted "the reason for the 2 day was to conserve cash for a better JV deal."

 

Exactly! Much better to stay in business than blowing cash to produce extra inventory without a deal to sell it. After a deal, we just might see a full time operational run again. This makes complete sense. Imminent maybe a bit optimistic IMHO given that we no longer need to rush into taking the first offer, but in the near future under a solid deal would make this believer very content.

 

Thanks for digging out info on the seeds of the future!

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