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 > Right80%

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Comment by Right80%on Nov 27, 2020 6:26pm

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Post# 31993050

RE:RE:RE:RE: Right80%

Let me know next week how the numbers are doing. I suspect we will see a similar situation as you. I think doing exactly what you're doing with Moderna and the averaging LXG down is a really good plan.

I did 500k of LXG on the original financing at 1.15. Can't tell you how many times I've averaged it down. I've sold bits when volume and price was up but I'm probably still under water on average price.

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