Lexagene Holdings Inc V.LXG

RE:RE:Zoetis wants the MiQLab

[argeliom]

Hello,

I am a refugee from Yahoo Finance searching for "Nicer" grounds where respectutful and civil  discourse is accepted and encouraged. I also hold several Canadian positions ( including LXXGF) which have solid followings within Stockhouse. As a first posting, I would like to share some YF comments that I recently made about LXXGF.

"Strategically, I am very curious how Mars will act. Mars is a big user of pet testing because it owns 1000+ Vet clinics. However, at the same time the Pet lab testing business is basically a duopoly controlled by two large players...Idexx and Antech, a subsidiary of Mars. These two control about 90% of the $2.6B industry. Both companies try to hold on to their Vet clinics via long term contracts and incentives directly at creating forced user loyalty.

A third smaller corporate player is Zoetis which owns Ethos Veterinary Health (remember them....the Miglab test site in Boston). For perspective, aside from these three players,the largest independence player was Phoenix Central laboratory a regional lab network in the NW. This firm was recently sold for about $36 million. Clearly, LXXGF's decentralized/faster approach to pet lab testing represents a new significant disruptive competitive variable to the two Big Boys' current centralized and infrastructure-heavy business model.

We will be spectators of an interesting David vs Goliath drama unfolding during the next 12 months.  A complicating element to the drama could be if Zoetis and Lexagene strike some sort of outside-the-box strategic deal with LXXGF'S Vet diagnostic vertical that would allow Zoetis to compete Mano a Mano with the Big Boys using a low-cost producer decentralized strategy  and in return give LXXGF's owners (us) a Zillion dollars. Clearly, Zoetis has to make a dramatic move in North America in order to succeed."

Just thinking and dreaming.

Separate issue..... I posted at YP an estimated 2024 LXXGF price share ($22) based only on the Vet business vertical using a financial model which I have developed specifically for printer/ink- type businesses. Is this an area of interest for the Board? If so, I will be happy to do another copy and paste for the benefit of the community.