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Bullboard - Stock Discussion Forum BioExx Specialty Proteins Ltd BIXZF

"Bioexx Specialty Proteins Inc is engaged in the development and commercialization of processing technologies, for use in the extracting various active ingredients from organic and inorganic materials. The company's primary focus is on the production of proteins from canola and other oilseed feedstocks. Its products include Isolexx, a protein isolate for use in bakery products, meat products... see more

GREY:BIXZF - Post Discussion

BioExx Specialty Proteins Ltd > What the h--- is going on here...
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Post by buckrod on Apr 12, 2013 10:18am

What the h--- is going on here...

FlatFlat
Comment by conscience1 on Apr 12, 2013 10:27am
Great question. Anybody able to determine which trading house(s) sold off? And who bought? This is pure optimism, but might our management hold off on any announcement long enough to shake off the faint of heart, scoop up shares on the cheap, and then make a hail-Mary NR?  Or should we be smelling the coffee right about now?
Comment by TSX-BEAR on Apr 12, 2013 10:28am
Reality bites...... November 14,  2011  10 million in useless solvent equipment sold off at 5 cents to the dollar April 1 2013                50 million usless Saskaton plant up for auction - who wants it April 30, 2013            Maybe some unknown (secret details ...more  
Comment by 1320racing on Apr 12, 2013 10:34am
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Comment by prairiebreeze on Apr 12, 2013 10:45am
Problem is that people are seeing the light of the oncoming train, and getting out of the way. Schnarr is not the white knight that you so desparately wanted... he's the CEO because no one else wanted to job. Ever consider WHY no one else wanted it? Face the fact that he can't get a deal done to save this hot mess. The part you should REALLY worry about is that this is less that a million ...more  
Comment by 1320racing on Apr 12, 2013 11:02am
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Comment by conscience1 on Apr 12, 2013 11:32am
I agree with 1320. CS doesn't seem to say much; why would he offer the info we've seen if it had no substance? And sure, he has to issue a CYA clause with it. As for who's selling, it would be a real surprise if it's Juanito, especially at a loss.  Bear, I thought the cash crunch wasn't until June or July. There's still a bit of time for a deal to materialize, even ...more  
Comment by 1320racing on Apr 12, 2013 11:39am
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Comment by cliff58 on Apr 12, 2013 11:56am
CS IS A LYING SACK OF SH&T.A process that doesn't work for a product that nobody wants,what a shock.
Comment by 1320racing on Apr 12, 2013 12:12pm
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Comment by eunice12 on Apr 12, 2013 3:09pm
conscience - How dumb can your imagination get? They can't buy if they are in blackout prior to a major deal news release.
Comment by conscience1 on Apr 12, 2013 5:20pm
eunice 12- As noted by foodhawk, prices often change in the days before a major NR. Insiders have families and friends; I'm not referring to CS trying to buy in his own name. My imagunation isn't that dumb...
Comment by eunice12 on Apr 12, 2013 5:30pm
If you read stories about insiders getting caught, the police brag about all their electronic connections they have to locate family, so not likely mgmt is going to work out a collaboration so some friend can possibly benefit and will likely rat them out if he gets caught. It does take 2 to play the inside game. BXI mgmt are running a business after all, and are virtually broke so if you think ...more  
Comment by 1320racing on Apr 12, 2013 6:19pm
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Comment by conscience1 on Apr 12, 2013 7:19pm
eunice 12, if you've traded for a few years you must have noticed occasional spikes in volume, and sudden changes in price (both up and down) in the days leading up to 1/4ly reports; I've seen it plenty of times with junior mining companies jumping up right before they announce positive drill results. (Didn't own any of them at the right time, though). I'm not here to get my 15 ...more  
Comment by eunice12 on Apr 12, 2013 10:37pm
Useless irrelevant trivia.
Comment by Foodhawk on Apr 13, 2013 3:21am
Sorry, you have no clue about the real world. Read a bit from "offshore leaks" on how easy it is to have an account or deposit in one of the tax haven, absolute anonymity included in the package. And I am not only thinking about the BXI environement, but also about the environment of the business and financial market. I agree that the sp before an important NR is not always indicative ...more  
Comment by Foodhawk on Apr 13, 2013 3:28am
Correction: Sorry, you have no clue about the real world. Read a bit from "offshore leaks" on how easy it is to have an account or deposit in one of the tax haven, absolute anonymity included in the package. And I am not only thinking about the BXI environement, but also about the environment of the two potential partners, i.e.: business and financial partners of this JV. You think the ...more  
Comment by Foodhawk on Apr 13, 2013 3:33am
the financial partner and the business partners in addition may not even bound to insider rules like BXI is. It depends on their countries and the rules applied their. What do you think about how the insider legislation looks like on the British Virgin Island, Bahamas, Liechtenstein or Mauritius ? In most of such countries such legislation does not even exist and if, then it is not executed, and ...more  
Comment by Foodhawk on Apr 13, 2013 3:48am
I had the same thought and actually I doubled my shares today at 0.60 and still keep some money left for later. But what is the "real value" for a BXI share: 0,1    0,05    or   0,02 ? Only the future can tell.  0,1 may look like a great price in some months ahead. On the other hand the future may tell us that even 0,01 was too much. We will see. I ...more  
Comment by 1320racing on Apr 13, 2013 8:38am
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Comment by 1320racing on Apr 13, 2013 9:12am
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Comment by eunice12 on Apr 13, 2013 12:12pm
The most illogical part of a paranoid's conspiracy theories in the investing world is why do these people invest if it is a rigged game where the "big boys" steal all the profits?
Comment by gadfly222 on Apr 13, 2013 12:52pm
eunice12 - because shareholders do not find out until after the 'house of cards' have fallen that the NRs and conf. calls have been made up by fine words, hopes and promises - but that is the extent of their real substance....