BioExx Specialty Proteins Ltd BIXZF

How do you explain this....

[TSX-BEAR]

There is  FDA gras approval in the USA and a signed deal from July 2011 with Hormel Century Foods for Isolexx protein isolates and a plant in Ssakatoon near the border of NorthDakota where another plant was in the works yet the only interest has been from Europe where they have to wait for EFSA approval. It come out at the AGM that they were approached by European entity.

Can anyone explain why there is such a discrepancy in these incongruous situations whereby a starter  plant has to be sold to pay debt in a North American continent with 300 million population and an approved product only to hope that the EU gets approval while there is a looming cash crunch ?

What am I missing ?

[1320racing]

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[gadfly222]

WHAT IS MISSING is honesty and integrity in corporate leadership at the top of BioExx.... and a moral soundness in their business matters to shareholders as well as their business dealings in relation to their Document of Corporate Governance... Companies that emit such attributes thrive in the business world... those that do not emit these

[1320racing]

This post has been removed in accordance with Community Policy

[gadfly222]

1320rqcing - I  respect your opinions... but having consulted to many, many companies over the last 30 years - honesty, integrity and stewardship are not "idealism" ... it is what 'leadership' is about... and distinguishes companies that are trusted and earn 're*****tional capital' in the marketplace... 're*****tional capital' is not a fantasy - it is

[gadfly222]

.....that would be 'r e p u t a t i o n a l   c a p i t a l' ... not sure why this new system created the ******