Lexagene Holdings Inc LXXGQ

Healthcare Medical Devices

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.

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Lexagene Holdings Inc

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Post by letsdoiton Sep 21, 2021 4:37am

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Post# 33891015

RE: Daily DD

Hey, savvy LXG shareholders, it's the DD from your board favourite DOIT........

Lex cannot sell thier Miq's. They are in need of new funding. The money man Mr. Rebeck with his Cannacord comerades are gone, Dr' Regan;s recent PR's telling of new capabilities and possibilities of the Miq aren't getting any traction. A new stock offering might be a very hard sell, If at all.

A bold statement: The machine is flawed, the very reason why it is not selling. Lex with 35-40 employees hemoraging cash. Just why would the market buy under the circumstances?

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