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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Post by haunsoloon Jun 17, 2020 3:29pm

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Post# 31161714

Reason stock has been down to flat lately

Is that people are exercising warrants. I have confirmed this with IR and warrants are definitely being redeemed so there are more shares, but the company has a good cash position as a result.

There are 7 more trading days where warrants can be exercised, they expire next Friday, June 26th. So I expect trading to be somewhat muted until then.

Sit tight everyone.

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