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Re: humblebrag post# 17656

Wednesday, 07/18/2018 11:56:59 AM

Wednesday, July 18, 2018 11:56:59 AM

Post# of 148014
Simmer down and show some respect. No need to insult everyone you disagree with. You can have an opinion about the stock. Fine. You still apparently don't know what you don't know. And to know something is not necessarily to know it well. mrtacpans is way ahead of you. To be courteous, I'll go through one point which I hope expands your understanding of the issue with respect to BIOA. True, BIOA ran into trouble when against projections corn prices rose to over twice its yearly average when oil prices came down to under $30/barrel. However, contrary to one of your earlier posts, BIOA did not completely run out of money. It did get $3M+ in temporary financing to bridge a deficit. However, one creditor, namely, Comerica wasn't satisfied, and tried to bring down the company. Why? And why when everyone and their grandmother know that this is an emerging technology? Well, what do you think Comerica has its HQ? A partial answer lies there. Admittedly, we here don't everything that went on. But we have one more piece of information: first time I saw it was when mrtacpans posted it on this board. There are apparently two different methods of producing succinic acid, one using yeast, the other using bacteria. BIOA has patents for one, a Dutch company has patent for the other. They signed an agreement whereby they would refrain from enjoining each other in legal problems on the issue, clearing the way for BIOA to continue its operations, SUGGESTING that even other producers saw the merit in BIOA's continued operation in the market. We don't know what will happen on July 31. (This was like IBM and Bill Gates=Microsoft agreeing to share "windows" technolog in 1987. It was in both their interests.) But we can expect the BIOA stock to rise, after the company status is settled. If YOU expect it to fall, then sell your shares. We don't need your DISSONANCE here, whether it's cognitive or just the running of the mill behaving like a Millennial Jerk.
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