The Reality is.... 10 cents !! Why ??
BioExx is long on a compelling vision (new plant protein ? 50 years BS) with broken promises and failed expectations and outright lies to brokers (will produce in a few hour days weeks and SOON).
They overspent 100 milion and borrowed a few more million to stay out of CCAA for now
Thye have signed deals with Helm AG Hormel Century to sell BUT they have NOT PRODUCED.
No sales no earnings but thye have a PLAN........
The plan is that GEA will say it can be scaled up (for a hefty fee) to a commercial profitable business and there surely be interest in the food industry. A partnership or buyout or burnout ??
So far the silence is deafening and the buying is overwhelming
To-day so far there is 10,000 shares traded for $ 1,000.... coffee money....
"The World's first in 50 years" .............Marketing Genius but production reality failure
In one month make few tons for samples ( no sales reported) and lose $ 650,000
$ 5.000 to to the leader every week..
Everyone Look at the well dressed King .........but the child says "The emperor has no clothes".........really