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Bullboard - Stock Discussion Forum 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... see more

GREY:LXXGQ - Post Discussion

Lexagene Holdings Inc > RE: LXG down 3 cents iamjunobaz
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Post by letsdoit on May 28, 2020 11:21am

RE: LXG down 3 cents iamjunobaz

seeing as LX have sold their first commercial uniit iamjunobaz it's disappointing that the stock has fallen 3 cents don't you think
Comment by iamjunobaz on May 28, 2020 11:56am
Most trades are in US stock which is up,stock on TSX almost flat. You are a hopeless investor Don  By the way I hate to didsspoint you but they haven't sold one yet
Comment by letsdoit on May 28, 2020 12:01pm
the TSX is down 3 cents, does that mean it's flat? you should be giving out trading lessons I reckon, sorry but you were banging on about LXG placing a commercial unit into a hospital earlier, I must be missing something here
Comment by iamjunobaz on May 28, 2020 2:27pm
Why don't you learn to put your brain in gear before you put your foot in your mouth  Here's a little video from Jack for you,he explains the Unit is identical to the upcoming commercial unit, just to help it's at 1 min 50secs  https://ca.proactiveinvestors.com/companies/news/920654/lexagene-hits-milestone-by-having-pre-commercial-device-in-hospital-testing-920654.html
Comment by letsdoit on May 28, 2020 2:39pm
This guy really can't get his around a pre-commercial unit for research purposes and a working, sellable, profit making commercial unit, right that's the last bit of energy I'll be wasting on a donkey like you.
Comment by ragb7002 on May 28, 2020 2:29pm
They sold or placed?
Comment by 007dave on May 28, 2020 2:38pm
Placed dude. You have to run trials in a clinical setting for FDA EUA approval. Jesus you guys read the release.
Comment by letsdoit on May 28, 2020 2:49pm
Basically ragb it's more research, here is the last paragraph from the NR.....Until these studies are completed and the FDA grants LexaGene’s instrument EUA for COVID-19 testing, all work using LexaGene instruments is classified as Research Use Only and cannot be used for human clinical diagnostics.
Comment by 007dave on May 28, 2020 3:22pm
You guys are stupid. If course it can't be used for human clinical diagnosis BECAUSE IT'S NOT FDA APPROVED YET, get it through your thick skulls. And why would they supply a non viable commercial machine to a medical/research hospital. So Jack says hey let's send out an inferior machine to be the first clinical trial machine that will determine FDA approval
Comment by iamjunobaz on May 28, 2020 3:36pm
It's in a Hospital carrying out Covid tests on humans under the guise of (trial) collecting data for the FDA submission they have already made  I'ts not an inferior unit,it's the full commercial unit. Watch the pictures in the video and listen to the words from Jack. I reckon you might understand the pictures but the words might be a bit tricky for you  And  can you ...more  
Comment by letsdoit on May 28, 2020 3:39pm
007Dave just give up on this guy would you please
Comment by 007dave on May 28, 2020 3:41pm
Well said iamjunobaz but we may have to explain it to them a few more times before it sinks in.
Comment by letsdoit on May 28, 2020 3:45pm
Could somebody tell me who said that it can be used for clinical human trials, it certainly wasn't me and I'd like to know who it was, all I was trying to explain to this fella was that a pre-commercial unit is NOT the same as a working, sellable, profit making unit, it's sole purpose when all said and done is for research purposes, you can dress it up as much as what you like but it ...more  
Comment by iamjunobaz on May 28, 2020 4:04pm
It's a full commercial unit that they are using in human clinical Covid trials  Its identical to the units that will be sold,you know,the same,identical I never said they had sold any  They may well sell this one at a later date,they might use it as a demo starter to loan out  Fact is it's identical to the commercial units they are building to go on sale! They don't ...more  
Comment by letsdoit on May 28, 2020 4:12pm
RIGHT OK, NOT ONCE HAVE I SAID IT'S AN INFERIOR MACHINE (AS SUGGESTED BY 007dAVE), I KNOW THAT IT IS THE SAME MACHINE THAT THEY ARE GOING TO SELL EVENTUALLY, ALL i WAS TRYING TO SAY IS IT IS THERE AS A RESEARCH TOOL RIGHT NOW AND IS NOT A SELLABLE, PROFIT MAKING,COMMERCIAL UNIT, IT IS A PRE-COMMERCIAL UNIT, YOU KNOW WHAT, I GIVE UP, WHATS THE POINT
Comment by iamjunobaz on May 28, 2020 6:19pm
NOooooooooooooooooooooooooo!!!
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