OTCPK:BIOAQ - Post by User
Comment by
dns236on May 06, 2017 7:42am
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Post# 26211933
RE:RE:May 5 @ 1:00 PM - BNN Jerome Hass
RE:RE:May 5 @ 1:00 PM - BNN Jerome Hass BNN comments from Jerome Hass 2017-05-05 Price: $2.21
"They produce a chemical that is used in a variety of products. Have the world’s biggest succinic acid plant. It seems that anything that could go wrong did. They did 2 financings which were not well received by the market. There was also a profit warning on their Q4 numbers. They had a shipment that was paid for, but hadn’t been shipped, which they had been recognizing as a sale. The CEO and CFO are no longer there. Still thinks this is a very good story. They need to demonstrate 2 things. 1.) They have to show that they can actually operate the plant at a reasonable level. 2.) They need to prove that someone wants to buy their product. He has stuck with his position because he thinks it is a very strong story."
Don't own any shares myself but am following it. - Dave