RE: the reason the stock is so low sp low and volume low is that there are few buyers willing to take the risk and those holding (ALL in the red) are reluctant to get out and take their loss (some small some large) hopIng for a miracle.
At 5 cents it may be a reasonable gamble to get 10 on a buyout but the risk is real for 0 based on ccaa
I know you all call me depressive pessimism but if Chris Schnarr had ANY optimisim why doe she not share it with the market and help support the sp or to entice new buyers on a reasonable outlook.
We know it will be a + report but will it create any deals ?
The first quarter loss of 7 million vs 3 expected had just demonstrated to any potential JV partner thye may have had just how usless and incompetent this crew is and how easily they burn cash.
It would be better to just dissolve BioExx and start over with a new company and new plant using any good patent IP they may have - all throught the credit protection process
CS has prven by his loud silence that he does not care at all for the shareholders' pain and agony -- he only cares for his $ 5,000 pay cheque this Friday (which he never has given back due to losses).
The shareholders do not get a cheque this week .......only grief - - Go Leafs Go !