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Lexaria Bioscience Corp LEXX

Alternate Symbol(s):  LEXXW

Lexaria Bioscience Corp. is a Canada-based biotechnology company. The Company is engaged in pursuing the enhancement of the bioavailability of a diverse and a range of active pharmaceutical ingredients (API) using DehydraTECH, its patented proprietary drug delivery technology. The Company’s patented drug delivery technology, DehydraTECH, is designed to improve the way active molecules enter the bloodstream upon oral ingestion. DehydraTECH has also demonstrated enhanced delivery of certain active molecules into brain tissue. The Company has also developed DehydraTECH formulations for other applications demonstrating bio-absorption when administered intraorally and topically. It operates through two segments: Intellectual Property and Products. It also operates a licensed in-house research laboratory and holds an intellectual property portfolio with 35 patents granted and many patents pending worldwide. Its subsidiaries include Lexaria CanPharm ULC, and Lexaria CanPharm Holdings Corp.


NDAQ:LEXX - Post by User

Bullboard Posts
Post by ScotiaOneon Jun 24, 2020 11:26am
292 Views
Post# 31185853

Seeking Opinions

Seeking OpinionsI'm wondering what the longs here make of the proposed reverse stock split? Do you feel that once the share price is high enough to gain entry to the larger Exchanges that instituitional investors will start to come on board and we will see updside? Or, do you feel the market will see it as weakness and further push the SP lower after the split? Tough one to call based on my optics and would welcome opinions.
Bullboard Posts