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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 > Burcon market cap 85 million
View:
Post by buckrod on May 16, 2013 2:56pm

Burcon market cap 85 million

with basically the same thing BXI has. No plant just a global partner. I think BXI would be looking at a licencing deal and some money up front. With a big name behind them I wouldn't count them out. Burn rate at 150k a month can last a long time.
Comment by TSX-BEAR on May 16, 2013 4:32pm
Burcon has hundreds of  patents that include both soy (Clarisoy) as well as those of the Canola Protein that may even overlap those of BioExx and they have no debt and they have more research power from over 10 years at it  with a lot less dilution more like  apples and oranges
Comment by 1320racing on May 16, 2013 5:11pm
This post has been removed in accordance with Community Policy
Comment by TSX-BEAR on May 16, 2013 5:20pm
Well it then sounds like Burcon and BioExx both have languishing share price even with a partner I wish them both well but with no earnings it is the shareholders that suffer in cash lost while the  promoters keep drawing paycheques. I also had hoped for success and lost a bundle maybe the new guys at 6 cents could see a double but what about those that paid over 20 or 30 or 40 cents or even  ...more  
Comment by 1320racing on May 16, 2013 5:51pm
This post has been removed in accordance with Community Policy
Comment by prairiebreeze on May 16, 2013 6:17pm
1320 said about Burcon: "Unfortunately their shareholders are sadly finding out you can have all the patents in the world but if you can't advance the product beyond the laboratory stage then it has no way of generating any income for the company."   And have BXI shareholders not learned the exact same thing? BXI invested 100M+ into what is essentially a glorified lab that they& ...more