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Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency testing, enable assay development and validation, or help ensure the quality of clinical diagnostic workflows. Its segments include development, manufacturing and sales of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows and viral transport medium to enable collection of patient test samples and, and development and commercialization of novel and proprietary products or technologies, such as Kinlytic. Its Kinlytic urokinase is a biologic thrombolytic drug used to treat blood clots.


TSX:MBX - Post by User

Post by Mbxwatcheron Feb 09, 2023 3:46pm
757 Views
Post# 35278033

The day of reckoning

The day of reckoningWe all knew this day was coming........Results are almost exactly what Bloom Burton report predicted.
The company knew, and telegraphed it in the Adelaide Capital webcast. (or whatever it is)

So.....we believe them about the balance of the year, or we dont.

If they dont deliver now they will have completely lost everyone.
When you lose people like the ones on this board who have been championing them for years I personally feel sorry.  Not for the company but the shareholders who feel forced to sell.

Personally, I am all in.  At .30 I am about .20 underwater, as I brilliantly bought all the way up.
Currently no dry powder to take advantage of this price, so now I wait.

For me, thankfully, I am years away from needing the money, so at least i have the luxury of waiting.
Here's hoping thats a good choice.

A massive announcement, Kinlytic, or new QAPS deals would really help.....
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