Lexagene Holdings Inc V.LXG

Primary Symbol: 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.

GREY:LXXGQ - Post by User

Lexagene Holdings Inc

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Comment by Sandman852on Jul 03, 2018 3:05pm

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Post# 28263625

RE:RE:RE:RE:Pp today.

This typifies companies that can't sell. They end up giving away shares to raise money bc they can't convince would be investors that what they have is what they portray to their retail shareholders. Unfortunately we get the shaft, they dilute and make sure they get paid. Often this is exit time as it usually signals ongoing share price drops and more dilution as they miss the mark on getting to market or creating revenue. NOt sure I want to keep this no matter what the future value MIGHT be. PAT, DXD were both similar dilution plays that didn't cost me money since I sold when they short sold the retail shareholders. Bought back pat 40 Cents lower but luckily didn't bite on DXD ...now delisted.

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