OTCPK:BIOAQ - Post by User
Post by
GngLongon Mar 21, 2018 10:01am
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Post# 27752512
Sinking ship
Sinking ship
5M shares sold in first 20 mins on the PINX this morning... by the time the vote happens shares are going to be completely worthless. The only thing we need now is the ER showing that they blew through all their cash last year. The kicker is that they have a production capacity equivalent to $60M USD annually, and they are probably only selling 20-25% of that. WTF were they thinking when proposing to build a second plant.... they can't even fully utilize this one. What I totally don't understand is why they can't produce 30k Tons of SA, and then partner with someone to produce bio-THF or bio-BDO to use up the SA that they can't sell.