Microbix Biosystems Inc T.MBX

Q2 Earnings

[prophetoffactz]

[prophetoffactz]

54:00: "And then the level of activity in our caps business again it's just about timing of realizing these revenues but the number of development projects we have ongoing with different diagnostic customers there is just wild and unprecedented. We have more than a dozen projects for example currently ongoing with the large customer with whom we signed thr purchase and supply agreement

[wizzdumb]

All good stuff, so much more to come. Once news has time to spread and market digests I sure hope we see larger gains. I can't believe we've stalled out at 44 cents and already starting the downward drift. Volume pretty low also considering.  Still a complete steal here in my opinion. 

[prophetoffactz]

Keep in mind Groome's Q2 comments as MBX continues its buyback and Kinlytic also progresses. The caps business is just about timing. The number of programs and clients is "just wild" and "unprecedented". More than a dozen projects with large customer announced last August alone and it continues to accelerate not just with them but with others. "And then the level of

[wizzdumb]

Exactly, and we recently learned this team WILL deliver. Many QAPs deals are coming, it's just timing. Announcements can come at any time. Third quarter closing soon and will show significant inprovement. Fourth and subsequent will be blockbuster. Discount sale will be over soon. 

[prophetoffactz]

You don't get to more than a dozen programs now under development with a large company without likely follow through. The large company is acting with CONVICTION. This is what Groome is essentially saying. It is just a matter of timing from here. Large companies are also rational actors and with the number of different diagnostic customers expanding as the numer of programs is also expanding