GREY:BIXZF - Post by User
Post by
dwruddock07on Nov 25, 2012 9:24pm
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Post# 20641991
Recent thoughts
Recent thoughts I have been growing a bit more concerned about the recent events in BioExx. I still hope the dream comes true and this thing works and takes off in the long run. BUT, the realist in me still asks the hard questions, and here is one...
Is it possible that the only reason the insiders are buying is because they have come to the reality that there is no future for the company, and the only way to get some money out of it is to buy the secured shares and bank on a measly return of around 12%, basically guaranteed (secured) by the remaining assetts? Is it possible that this was their last ditch effort to squeeze some blood out of the dying beast?
Sorry to ask this "lees than optimistic" question. But, like I said, the realist in me has his own brain sometimes.