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Bullboard - Stock Discussion Forum Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency... see more

TSX:MBX - Post Discussion

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Post by RazeKreations on Feb 22, 2021 12:15pm

Plexxus

I don't think it is a concern that a Plexxus deal has not been signed yet. You have to remember that the first VTM shipment was at the end of January. They probably want to make sure that any issues with exp dates and quality consistency as well as order sizes and frequency and how shipments are handled as well as any other logistics. Ther are lawyers involved and government agencies with their own beuracratic issues. Just takes a little time to make sure all the ducks are in a row.
It will happen
Comment by wizzdumb on Feb 22, 2021 12:56pm
Again, nobody here has said it was not going to happen. The sooner it happens the sooner there will likely be meaningful share price appreciation and proof to the market this is the real deal. 
Comment by RazeKreations on Feb 22, 2021 2:27pm
What is realy going to make a difference is 2 consecutive quarters with record breaking growth. Then you will see more Fund Managers come on board promoting MBX. Yes the Plexxus deal will help but i don't think it will be dramatic. Too many years of speculation without backing it up has made many hesitant. Proof of profitability will be in the Quarterly report coming out in May. Then there ...more  
Comment by rjc7 on Feb 22, 2021 2:39pm
Just as when we were anticipating VTM becoming available, the stock took a real jump when they announced "material news" on the private placement.  Likewise, I'm expecting a more significant bump if a "material news" of a deal with Plexxus is announced under a much larger contract. jmho
Comment by rjc7 on Feb 22, 2021 2:50pm
....I meant to imply that the stock price took a real jump on the announcement of the "private sale of VTM"......not a private placement as in trying to raise money for financing.
Comment by RazeKreations on Feb 22, 2021 2:51pm
Yes i agree it will help, and it will happen. But the biggest jump will be after the second quarter report, verifying substantial growth and profitability. And that will happen also. We are getting close,just a little bit more proof and then we will be in fantastic shape with a very bright future. IMHO
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