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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 22, 2012 10:46am
385 Views
Post# 20043631

BioExx-Fuzz

BioExx-Fuzz

You made an incredibly important point here :

 "The GEA report will say to a potential partner, if you like what Isolexx & Vitalexx can do for your business then here is how you go about making it profitably."

 CS may be a good guy, a good father, a good husband, a good CA but he is NOT a chemical engineer

For three years the engineers have told both CC and CS that the process will work and production will occur.

If the small amount of product (that is excellent by the way) that has been produced were to have been at a SMALL profit or even break even then you could extrapolate that with a scale up it COULD BE PROFITABLE

However, with the HUGE LOSS that BioExx has demonstrated  in the past three years to make a small amount means that even with scale up it may be TOO EXPENSIVE to produce this wonderful product with the existing process.

BioExx is in no position to say to anyone (even with a + GEA report) "here is how you go about making it profitably".

They always spew lofty platitudes with always disappoint. 

There will be one last disappointment by BioExx and then the Great Canola Protein Isolate science experiment will be passed on to someone else to successfully complete with a DIFFERENT PROCESS tha tis comercialy viable and profitable - something that BXI failed to do...sorry blew $ 100 million

It is OK now for the nice guy CS to get his $ 5,000 to-day. He earned it as a good saleman 

 

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