BIO-GENE TECHNOLOGY LTD (ASX:BGT) - Ann: Appendix 3B - Release of Shares from Escrow, page-21 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by masters ↑

Hahah!
I don't drink, smoke or have late nights these days.

Holmesearth01.
Please READ the following highlighted and words in caps very slowly and very carefully - you might then understand the true but probably not intended meaning:-

"Started" means just that! - talks have STARTED!
Nothing More!

These trips and discussions means that BGT is nowhere near the end game or even the middle for that matter.

Flying to and meeting with are just that!
Nothing more.

I've been involved with this product and where it came form initially, for more than 15+ years and I have contributed to and helped with some of the initial capital raisings way before any listing.
I can openly say, I'm certainly not living the deluded or imaginary life as you seem to be.

I have faith in this product and it's future, but I am under no illusion that it will be going anywhere serious or commercial in the next one or two years.

I think you are doing more damage guessing and using your own imagination or wishful thinking.
Unless of course you might be getting hold of some "Insider" information that I and others are not privy to?

If you are in fact being fed some information that you might consider or see as juicy tidbits, then I suggest you ask some very pointed and detailed questions of the source of your information. Don't take vague statements as gospel.

I think from my experience that there is no way a commercial contract or any such deal will be struck by any company with BGT in the next year or so at the very least.

BTW, I also happen to spend 6 months of my life each year living in China and I deal with very well connected Chinese players in Beijing. Some commercial deals I have been working on there for more than 4 years are still not much more than half way. - That's China and it's the way things work there.

If you think otherwise, then you're dreaming.

I know quite well the future game of a companies like SinoPec, Sinochem, ChemChina/Syngenta and how their management works.

I can say that BGT is not in their sights and at best it is only being watched and acknowledged from afar.

BGT has a very long way to go before a Chinese, European or American powerhouse company was to even start to be seriously interested in them.

No major company in their right mind will come knocking on the BGT door just yet.
This is because there is still far too much work to be done and none of them will mind paying a hefty premium much later in the game.

These big companies would much prefer for BGT to do the initial hard yards now and go through all the pain and problems for them. They don't need that risk or diversion.
They just don't have the time, interest or energy to waste.

When you start to look at what goes on and you understand the real commercial world, then I might just start to listen to your ravings and rantings here.

A few trips abroad and lunches or dinners in foreign countries wont bring the bacon home just yet.

Expand

Ok good response! I’m hearing you

Fingers crossed something happens sooner rather than later

Either way I’m a LT holder and am confident in the product being successful and management being able to deliver

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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $10.06M

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5.0¢	5.0¢	5.0¢	$2.546K	50.91K

Ann: Appendix 3B - Release of Shares from Escrow, page-21

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