Gea report confirmed technology is robust, the process works, the technology is scalable, the process is profitable with compelling margins for multinational sized companies. These preliminary findings of phase 1 report were confirmed in phase 2 of GEA report. The third phase we are waiting on which is due within two weeks will provide a detailed blueprint including materials and costing to upgrade the existing plant to produce food grade canola protein. This report will also provide guarantees as to purity levels and will also confirm to potential JV partners a very clear picture as to the exact definition of compelling profit margins and the amount of time required for the final buildout of the plant.
Given that detailed and advanced discussions with at least three parties are ongoing based on phase 1 and 2 of the independant review of what Bioexx has accomplished to date, and that the current operation is providing protein for product testing, the final stage report should provide the last detail required to finalize a deal or deals with those parties!!!!
We are very close, the bashing that is going on here is irrelevant, the future is bright...