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Lexagene Holdings Inc LXXGQ

Lexagene Holdings Inc. is a molecular diagnostics company engaged in researching, developing and commercializing automated genetic analyzer devices in clinical and life science industries. The Company is focused on developing molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, and for use in open-access markets such as food and water safety, clinical research, agricultural testing and biodefense. The Company's MiQLab System is an automated, open-access molecular diagnostic system for pathogen detection, allowing users to test for multiple pathogens onsite, returning results in approximately 2 hours. Its MiQLab System is an automated, multiplexing polymerase chain reaction (PCR)-based system designed for syndromic testing in human clinical diagnostics and veterinary diagnostics, as well as food safety testing, and open-access custom testing markets.


GREY:LXXGQ - Post by User

Post by letsdoiton Sep 09, 2021 11:38am
117 Views
Post# 33831571

Here is an interesting post from another board.

Here is an interesting post from another board.Read on and ENJOY.........

Well Dr' Regan couldn't sell enough Miq's to bankroll 34 employees, along with a company that cannot sell its revolutionary pathogen detector. He's going to market to raise $25M so he can keep his company a while longer, with his salary to boot, goes without saying of course.

Dilution will be crippling to shareholders, that is if he can even raise any money at all. Pretty tough sell for a company who sold five devices in over a year. No matter, he'll sell shares for whatever he can get IMO................GLTA
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