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 > Daily DD for your entertainment.

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Post by letsdoiton Sep 24, 2021 6:19am

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Post# 33912845

RE: Daily DD for your entertainment.

It's that time of day again, all your research in one place courtesy of Mr. DOIT, enjoy..........

The strategy here is to reverse split the stock by either 1:10 or 1:15. Those options would then be worth more when exercised so it will benefit only the company insiders, only then will the company start selling those shares that was just approved when it could be priced higher benefiting the company.. Because there's no other explanation for the way the company is going. 3 months with zero sales after " expanding the sales team ". Definitely the sp would come down. More expenses, no realized revenues. Its business 101. Only then with new financing that the company can stay afloat

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