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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

Microbix Biosystems Inc > Extra lump of coal in our stocking this year
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Post by RazeKreations on Dec 23, 2022 4:59pm

Extra lump of coal in our stocking this year

There is some serious questions that need to be addressed during the upcoming webinar. What upgrades have been completed and are they being utilized is one. Has there been interest in VTM from anyone other than Ontario and if not why not is another. The potential for tremendous growth has been promised for some time and it still has not happened. Kinlytic is like a unicorn. Everybody has heard about it but never to be seen. To go from 87 cents one year ago to below 40 and no bottom in sight is hard to stomach. If things don't turn around in the next couple of quarters there will be a mass exodus for the door. Everybody should register for the webinar so you can get your questions in
Comment by Mbxwatcher on Dec 27, 2022 11:30am
Raze, you and Wizz are the two posters that help keep me relatively sane on this. Ultimately my real issue here has been one of managing expectations.......my expectations. These expectations have been driven to an extent by the enthusiasm of the presentations done by Microbix over the past few years.   As this is one of only two microcaps I own, I continued to buy the "hype"& ...more  
Comment by RazeKreations on Dec 27, 2022 4:54pm
That is a well thought out statement Mbxwatcher. I still believe that the future will be good for Microbix. The biggest disappointment is the lack of sales for VTM. I don't understand how it is that Canada imported approximately 55 million dollars of vtm in 2019 yet Microbix has not been able to get a share of that. Share value has been diluted over the last couple of years in order to have ...more  
Comment by wizzdumb on Dec 28, 2022 11:12am
I believe they need to make formulation changes for their current VTM to be a better fit for applications outside of COVID testing in Ontario, my understanding is that they are making those changes and then would need to get approval. I don't think this is an expensive or long term project, but that it will take some time. Will be looking for clarity on this in the webinar as well as status on ...more  
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