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BIOZONE PHARM Message Board

  • snakebooots@rocketmail.com snakebooots Oct 23, 2013 8:21 PM Flag

    Let's start with the FACTS.........I'm sick of lying shills

     

    BioZone recognized net losses for the years ended December 31, 2012 and 2011, and they expect to incur a net loss for the year ended December 31, 2013.

    Sentiment: Strong Sell

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    • Hey snakebooties...how about some real facts.. Or do you shorties all just use the same defense. Simply go on the attack of anyone that dares post positive news here. I won't tell you how lame that appears. I believe in neither pumping nor dumping. Instead here are the actual facts.....

      "The company was able to raise over $20M from equity financing in 2012. As of 2Q13, it had positive cash flow of over $8 million including financing activities.

      Recent investments have strengthened Biozone's balance sheet. Investments have brought an increase in cash, most recently $2M from MusclePharm which is not reflected in the 2Q13 financials and also Opko Health and The Frost Gamma Investment Trust. This will help shore up the balance sheet and allow the firm to invest in growth."

      So your "audit report of 2012" is old news and doesn't reflect the current cash position of this company. How's that for substance. Now do us all a favor and if you don't know the current information don't put out false info.