I think the movement will be down. I will be real surprised if we don't test 52 week lows in April. The company hasn't market wired a press release since dec. 16th. They haven't updated their website to reflect new time frames or posted anything to excite potential investors. They have a strong reticence to sharing day to day progress. The only subtle changes have been to change their general counsel who also is with a new law firm they have listed. They also added a secretary to the board of directors. My only hope for near term increase is if the year end results are audited. If so then we stand a chance after years of promises that they might move to the QB. I am not holding my breath on that one. The updated outstanding share count is going to make a lot of people mad. If the year end number doesn't seem to awful wait for the may 15th filing. I am not trying to be negative just realistic. I am still hoping they get it going this year but if not I too will be exiting.
I don't know how long you've been in the stock but what's different over the last year that makes you think the next few months will be "interesting."
I'll be negative a bit on a company that deserves it. I mean when has anyone from this company truly come up with interesting news that moves the stock in interesting fashion?
This companies favorite moves are to throw glitter and confetti about future plans for plants with the site they own. Doesn't seem to me they're real close at all to building anything though since it's taking idk, years to get a EPC complete for one site?
BioNitrogen Holdings Corp. (PINKSHEETS: BION), a cleantech company that utilizes patented technology to build environmentally-friendly plants that convert biomass into urea fertilizer, announced today that it has funded $340,000 to the Casale Group to finalize the engineering design work in support of the Engineering, Procurement and Construction (EPC) initial cost estimate. The source of the funds is a $2 million financing announced on December 13, 2013. The balance of that sum is funding the initial EPC contract for the first plant, including the CCC group and AMEC engineering and design.
BioNitrogen first announced its agreement with the Casale Group of Switzerland on August 15, 2013. The agreement contracts the Casale Group to employ its ammonia and urea plant technology for BioNitrogen's first plant. Casale has either built or refurbished over 400 ammonia and urea plants worldwide and is a market leader in ammonia and urea technologies.
An we're still in the same spot a year later. I'm invested, sure, but I certainly don't trust this company with only there word. An I'm not expecting a big jump in price ANY TIME soon. At some point I'm hoping for a bigger chemical or fertilizer company to come in and buy out their technology because I think that part, if true, holds legit value.