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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 dwruddock07on Jun 08, 2012 12:05pm
226 Views
Post# 19993487

RE: RE: Seeing both sides here...

RE: RE: Seeing both sides here...

Well, if CS had said " We are going to produce 25 tons" and then he failed at that, then yes.  I would see your point.  

But CS did not set any production goals beyond "producing what we need to produce for the review of interested parties".  Certainly, you would not expect them to quantify whatever amount that is, would you?  It may or may not have been 25 tons, 50 tons or even 5 tons.  The point is, you are looking for production that was not promised.  Why don't we just make him stick to what he said he WOULD do and not hold CS or the company to do what you or anyone else thinks they need to do.

If they get out of this with a JV deal and they move forward in profit, it won't matter WHAT happened in the past 6 months, or 12, or 60 months.  So, 25 tons, 0 tons means nothing right now.  The only thing that is meaningful is his ability to get a deal.  

By the way...Do you KNOW they DID NOT produce 25 tons?  no, you are just guessing...like I said in previous post.  I suggest you focus on facts and relevant issues.  Tonnage produced is one of the LEAST relevant issues at this point

Dr. Audit, I have always enjoyed you posts, wit, sarcasm, input and skepticism.  You have changed in the past couple of months.  You have gone from "where are my financials" to "where is my tonnage?".  Whats up with that?  You knew many months ago that tonnage had no relevance here anymore.  

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