BioExx Specialty Proteins Ltd BIXZF

Seeing both sides here...

[dwruddock07]

Hi all, it's been a while.  I have been reading rom the sidelines for several weeks.  Thanks for keeping it interesting.  I just wanted to chime in because I am not sure how to read into this, and I can't understand how some of you are only able to see it ONE way.  For example...

Someone said " Rompsen must see something in this company, or they would not put up the money".  True, but...  They are getting control of the assets, after the terms end IF BXI defaults on the repayment, so...60-70 million in assets for 6.4million if they default.  If BXI does not default... they pay 12% on 6.4 million for a year...$768,000 plus the warrants.

To be clear, I bought more yesterday at .0855, .09 and .0905.  Not because I am sure this is going to work, but because it's cheap enough to extend my risk.

I can't see ANY evidence that would suggest future success OR failure.  AND I don't think any of you can either.  There certainly are arguments both ways, and sensible ones at that.

It's simple, this is and has been a "gamble" and that is it for now.  Saying it's going to go bankrupt is the equivilant of telling someone "Do not to put your money on Red because the Roulette wheel is going to come out Black this time."  And putting your money on Red is just as risky, as that statement was credible.

None of us have ANY credibility to predict the outcome of this one.  You either "like" what you see in recent events and are bullish, or you "don't like" what you have seen and will be bearish.  But the bulls and bears alike need to keep OPEN MINDS and be aware of what has happened here and what is going to happen in the coming weeks/months.  

BXI is backed into a corner here and they are trying to fight their way out.  We all know how quickly things change for the good or the bad, when someone is in that position.  

Good luck to all in your guesses.  I will be watching closely in the future.  Hopefully, I didn't just throw more money away!!  It's too hard to get these days

[DrAudit]

Failure?  We're in week 25 of the year.  Have they produced 25 tonnes of protein powder yet? Management ?  These clowns couldn't manage a h**d on in a wh*rehouse.  

[1320racing]

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[dwruddock07]

Well, if CS had said " We are going to produce 25 tons" and then he failed at that, then yes.  I would see your point.   But CS did not set any production goals beyond "producing what we need to produce for the review of interested parties".  Certainly, you would not expect them to quantify whatever amount that is, would you?  It may or may not have been 25

[TSX-BEAR]

Well said Darin The Roulette analogy is appropriate : The bull /believers put on red and th ebears/non believers put on black Trouble is that there is a third colour of green or white where the edge favours the brokers (Canaccord & TMX). The HOUSE ALWAYS WINS which will be the giant food company that pays Romspen and they willl make good on this wonderful idea of the "World's First

[DrAudit]

Atheena - I guess that means no tonnage then?

[DrAudit]

The singular achievement of this company is to be listed on the TSE with no revenues. Did we not hear a plan to ship powder to Helm for testing in November.  30% - asymptotically. Not saying Pinnochio lied of course. Not at all. Really. Because he has integrity. Net loss here about $30K and falling.  A good week.  People will not read the writing.  DOL and DLTR are my new BXIs.