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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 > If Only You Guys Had A Clue!!!
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Post by CanolaisKing on May 01, 2013 3:42pm

If Only You Guys Had A Clue!!!

First off, Prairie, Bear, Cliff, Hawk, and all other supposed oracles of knowledge, give your insights a break, you guys have no clue about what is going on and what will be happening in the next little while.  First as far as the Protein is concerned, it is fantastic stuff.  I have seen it, touched it, tasted it in water and it is great.  No bad after taste, very soluble in water, really great.  Try tasting a Gatorade G3 with Protein developed for athletic recovery, tastes like sh**, very bad aftertaste.  This protein is far superior in taste, the taste is neutral, no taste at all.  Is colorless in water.  Second as far as money is concerned to go forward they are selling the land that they have outside Saskatoon as well as the building and equipment.  A basic knowledge of commercial land values around Saskatoon would tell you that the land would be worth around 3-4 million.  The equipment, especially the dryers and such would have a value of between 10-13 million.  On the low end they would get 13 million and on the high end around 17 million.  Pay off Romspen and what is left?  Around 6-7 million.  Is that enough to pay Chris's salary for awhile.  Burn rate of 150,000 a month gives us about 40 months or 3.3 years worth of capital.  Thirdly regarding the Integrated and diversified global agribusiness is concerned there are many companies who could fit this bill.  It is probably not even a European based company.  Companies that would be in the running would be Richardson, Bunge, Cargill, ADM, Nestle, and my favourite Louis-Dreyfus.  By the way Louis-Dreyfus just bought out their small partner in a Canola crushing plant in Yorkton, Saskatchewan so they own 100% of the plant.  They are planning on increasing their capacity greatly, in the next year.  They say they are very bullish on Canola oil and anything related to Canola as it becomes more widely used around the world.  Wouldn't the added on technology to process the left over meal into high quality, human consummable protein make sense as a value added part of the whole crushing process and OVERALL PROFITABILITY.  I am thinking margins here.  Lastly if the above mentioned posters have such a negative view regarding BXI and Chris S. then sell your shares and bugger off.  If you guys have nothing interesting and intellectual to add to this board then go somewhere else.  Answer this one question you bunch of baffoons, who has the time to post like you do on a bullboard of a company that is trading at .7 cents of which you don't like?  I can tell you shorters, paid bashers, guys go make a living so other way your drivel does nothing to sway my opinion, I have way more knowledge about this company and the process it takes to make this thing happen.  You guys are unitelligent, speculators at best.  In fact the more you bash the more I am convinced that BXI has the goods and others are wanting it or you wouldn't be here.        The King
Comment by prairiebreeze on May 01, 2013 6:40pm
Ha ha ha... you should talk about unintelligent speculators. You and Juanito the same person? Bunge. Cargill. Pfft. BXI doesn't fit their business model. If you study them enough, you'd know that. There are people obviously smarter than you that either: a) see the value of this company at 6.5 cents b) see the value as lower than that. Take your pick. Bottom line is that Schnarr didn't ...more  
Comment by eunice12 on May 01, 2013 7:59pm
Slight problem, CK. BXI can't process burnt meal to get isolates with this tech. so it is not an "add on" as you call it, unless you are referring to the toasted meal tech they planned to rollout a few years ago. That tech needs lots of money and work to flesh it out so is just a dream at this point.
Comment by eunice12 on May 01, 2013 8:01pm
Even if the toasted meal tech worked, it can only make concentrates. You can't make a silk purse out of a sow's ear.
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