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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: Hollywood wages
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Post by letsdoit on Apr 06, 2021 9:29am

RE: Hollywood wages

Let's hope Dr. Scam starts working on this for free from now on instead of putting himself on film star wages, the pr!ck
Comment by Stonkbroker on Apr 06, 2021 3:10pm
Let's do it - I've been following the stock for a while, and come here every now and then to compare opinions to my own. Despite the way you treat other posters, I've been trying my best to take your posts seriously. I think it would help your credibility alot if you sounded less like an emotional investor. While some of your concerns I can understand, there are many that conflict with ...more  
Comment by letsdoit on Apr 06, 2021 8:51pm
Firstly, let me just say I couldn't give 2 fvcks what you think of me and secondly the available public information backs me up when i state that Doctor Bungle is on film star wages for achieving absolutely fvck all (apart from a lot of shiny promos) for many years, scandalous, absolutely scandalous
Comment by Valuemaster on Apr 07, 2021 10:51am
Hey, did a bit of research on this, the CEO makes less than half of the median CEO salary for small cap companies. He could easily be making more if he was an employee with his specializations
Comment by Valuemaster on Apr 07, 2021 11:10am
Even with the stock options that are in the money, he has a lower than average compensation. The more recent stock options he was granted arent in the money yet, which suggest that hes forfeiting a higher salary elsewhere to make money on the future value of the stock options. Assuming he achieves these film star salaries, it will benefit the shareholders just as much
Comment by letsdoit on Apr 07, 2021 11:59am
Mmmm, ok, I think I'll set up a Company, give myself a grand CEO title, raise money and put myself on a bloated salary whilst achieving diddly squat, good idea
Comment by Stonkbroker on Apr 07, 2021 12:24pm
Let's do it - please understand I'm just trying to help you here. You used to mention a lack of manufacturing and sales, both of which have been publically addressed. Nobody can speak to the exact volume of sales until financial reporting has happened. I think the investors that are frustrated are so because they wanted more communication regarding the fda approval timeline. When you say ...more  
Comment by letsdoit on Apr 07, 2021 12:45pm
After 5 years the SP is still way under a dollar, so, can I ask you if that performance warrants dipping into the raised cash pot to put yourself on a massive salary, what he should be on is a performance related salary and going by the state of the SP and all the failed timelines and false promises that puts him on a couple of hundred bucks a week at best, however, personally speaking I think he ...more  
Comment by Stonkbroker on Apr 07, 2021 12:50pm
Im sorry, if you refer to valuemasters post he speaks about the management stock options included in his salary. Do you understand how stock options work? They work a little bit like what you are describing you think the comp should be. You were expecting a return sooner than 5 years, given that assumption this would be a frustrating situation but could have been avoided by doing some due ...more  
Comment by letsdoit on Apr 07, 2021 1:28pm
Ok I'm wrong he should be on the film star wages he's on, he's doing an incredible job, there you go,  happy now
Comment by Sandman852 on Apr 25, 2021 12:23pm
        A funny thing is that from 1981 to 2005 Apple stock was available for under 1 dollar.  Much longer than 5 years   No comparison btw  .....just noting that new tech takes time so that comment  isn't much of a point. I will concede that the delays in commercial rollout / results are frustrating but this isn't something that's abnormal ...more  
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