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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 Nov 13, 2012 8:13pm
394 Views
Post# 20596286

Numbers don't lie

Numbers don't lie

Now I know why KPMG is not around - disaster books

Last year they admit failure to produce with solvent and try the water method for one year

NIL revenue. Burn cash pay salaries

MORE impairment charges

The net working cash as against current. Liabilities is over 5 million in the RED

There is No Equity but a a  hope and promise for 2  interested parties n Europe a son one in their right minds would touch it in North America

The home stretch he alludes to is the final walk up to the courthouse steps to finally file for CCAA

the plant is already shuttered equipment sold and winter coming for a deep freeze in Saskatoony 

sorry  for the  trapped bagholder believers but the writing was on the wall last  Nov 14  2011 but at least he squeezed another $ 250,000 salary out for "talking the good talk"

will there be anybody there tomorrow to listen to him - his wife and kids 

 

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