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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

Post by TSX-BEARon Jun 14, 2012 9:30am
397 Views
Post# 20012511

Pawns in a Chess Game

Pawns in a Chess Game

The BXI shareholders are being played like pawns.

Now that we have some  insider buying we have evidence and proof of NO  BLACKOUT period.

The argument that was used before to justify the LACK of insider buying was that there as a JV deal imminent and hence a blackout period for insiders .

Now that they have showed their hands by being able to buy we can conclude that the reason that they are free to buy is there is no material news to be had in the near future and possibly never  - or on very bad terms for BioExx.

If the CEO and the two other directors who bought on June 13  had REAL CONFIDENCE of a deal AND they were legally able to buy – ask yourself – if you had that knowledge and  legal ability to buy – would you put only $ 10,000 for CS and $ 5,000 for the other two. A paltry 200,000 shares for $ 20 G

Where is the buying of millions of shares at hundreds of thousand of dollars.

Don’t say they don’ have it. They could easily tap a personal line of credit at 4 % to get a 50 % to 100 % return if it even goes to 20 cents ?? 

This is just a show just like in November 2011 when they bought a similar small amount at 11 cents to save face

Are they  are afraid to lose more than $ 10,000 ??? for a company they run and know ALL ABOUT the INSIDE deals ???

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