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Lexagene Holdings Inc LXXGQ

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

Post by letsdoiton Sep 17, 2021 10:33pm
80 Views
Post# 33882507

Daily DD update

Daily DD updateHere we again, it's time for my daily due diligence copy/paste guys, ENJOY.....

6 months ago after "expanding the sales team" the MiQLab was an exciting product. It was great for vet clinics, great for biopharmas, great for the food industry, great for biodefense, even great for human clinical use. Now into 3 months of 0(zero) sales after "expanding the sales team". It's getting colder, accumulating dust lying on the shelves. How frustrating it must be for Jack. Its not an easy job to be ceo, inventor, salesman, researcher, plumber, electrician, programmer, typist, guest speaker, contractor. And here comes the army research collaboration proposition. And Jack did accepted it eagerly. Finally he's got the job he is good at. Research. Now he needs funding. Back to his favorite place, the lab. Forget about sales
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