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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 May 01, 2013 7:00pm
136 Views
Post# 21326394

We have a clue

We have a clue

It is called reason and logic based on past performance (lack of)

The  Chris Carl of past Canfibre bankruptcy tried BioExx for Biofuel in 2007 but then in 2008-09 tried a solvent method that misled the market up to almost $3.00 and then rode it down witha handoff to the next Chris for spin and more string along with no solvent method

What he has in his back pockets are his résumé and his $ 5,000 weekly pay cheque

The big NA food companies have no faith whatsoever in

 what BioExx has to offer or they would have put up 65 million to rescue the 40,000 mt Saskatoon plant with its so called skilled intellectual capital or resurrect the Minot plant in North Dakota after the FDA Gras is in pplace the  10 million solvent equip last got only half a million

the plant may have buyers but at what pprice they owe 3 mill in debentures plus 6.4 million plus 12% interest on both loans plus a mortgage to BMO plus the federal grant given in 2008 principal due in 2014 no interest plus severance packages  etc 

they need protection very soon and Chris is now desperate to say anything to keep the market off balance

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