RE:RE:RE:RE:What we saw was the 6th time the same scheme1320racing wrote: When, alternative? When and by how much? I would appreciate you helping me out with that or is trash talk about your limit? You should be jumping for joy now that ADM has officially announced they will increase capacity.
The agreement spells it out: " If ADM advises that it intends to increase its annual production capacity of the Soy Products, the exclusive license will continue in accordance with the Soy Agreement."
How does an unknown increase in capacity from a meager $9000 a month in royalty payments that doesn't even cover the COO's $16,000 a month salary translate into ADM building a full size 40,000 mt plant? Don't apply for a job in ADM's planning department by the way. They don't need clowns like you to lose them money. Like any enterprise for profit, of which Burcon as yet can not claim to be a member, you build and expand in relation to the demand for your products not the other way around if you plan on sticking around. That's the best BU can ask of ADM and the NR confirmed it but those were the intentions of ADM anyway. Notice how many large stores come and go in major shopping malls when the bills can't keep up with low sales?
Congrats to those that got on board before this rally. Looking back we should have all recognized the bottom when management gave themselves free options at $2.43. Am I hard on them? You betcha and every shareholder should be too. Every once in a while you need to bring out the whip to make the donkey do what you want. You won't get anywhere by saying please. Management works for you so you shouldn't have to say please if they aren't doing what you want and it is never a good policy for shareholders not to ask the hard questions that need to be asked. We'll see in the next financials if Clarisoy sales are making progress.
You never did answer the question, why would a company like ADM continue with this product if it didn't offer the potential of millions if not billions to ADM coffers?
Maybe I'm missing something here. Do multi Bilion dollar companies always continue down a path of losing money when they know it will continue to lose money? Get real. They know for a fact this is what major food companies want in their ammo and we're about to find out who. How soon? whofukingknows. But get real dude. If your little peon of a dogs breakfast company you formally called BXI had this deal going, you would be screaming like a little choir boy.