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Bullboard - Stock Discussion Forum Lexagene Holdings Inc 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... see more

Bullboard (GREY:LXXGQ)

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Comment by laurencelefouon Feb 28, 2023 7:12am

RE:RE:RE:RE:New Press Release - LexaGene Files for Chapter 7 Bankruptcy

Just saw on rally-co.ca that LexaGene has filled for bankruptcy.  I do not know this company, but as a rule, I never invest in a company that is not profitable or has enough cash to cover ...more  
339
Discussion
Comment by ARIMA11on Feb 25, 2023 8:45am

RE:RE:RE:New Press Release - LexaGene Files for Chapter 7 Bankruptcy

Yup. Seen a similar situation where the assest were "sold" to the main shareholders which "re-started" under a different name in the same vertical but stayed private. There are ...more  
451
Discussion
Comment by ARIMA11on Feb 24, 2023 12:48pm

RE:RE:RE:New Press Release - LexaGene Files for Chapter 7 Bankruptcy

https://lexagene.com/newsreleases/biopharma-engages-lexagene-in-second-feasibility-study/   As an update to LexaGene’s announcement on December 7, 2022 that it intended to reprice certain ...more  
333
Discussion
Comment by lscfaon Feb 24, 2023 12:05pm

RE:RE:New Press Release - LexaGene Files for Chapter 7 Bankruptcy

This stinks. The co had positive working capital of 1,485,787 US at Nov 30 excluding the convertible note payable to its largest shareholder. I suspect this shareholder ends up with all the IP. Mgmt ...more  
316
Discussion
Post by ARIMA11on Feb 24, 2023 11:37am

Summary

https://www.rally-co.ca/post/lxg-v-bankruptcy
315
Comment by lscfaon Feb 21, 2023 11:07pm

RE:Volume/pending news

over 15 million shs traded in last 3 days in CDA and US......IIROC wants an explanation.
244
Discussion
Comment by lscfaon Feb 21, 2023 11:04pm

RE:Trading Halt

I reported the trading activity to IIROC on Sunday. The halt is not at the co's request, IIROC shut them down. The news will be your typical "there are no undisclosed events to report"
233
Discussion
Post by Notmypreson Feb 21, 2023 10:53pm

Trading Halt

I suspect the news will be about new funding or good news about a customer or acquirer.
447
Discussion
Post by kilotangoon Feb 21, 2023 7:52pm

Volume/pending news

These situations are always difficult to understand.Over two million shares traded just prior to a trading halt because of "pending news" . Hopefully its  the buyers that are aware of ...more  
428
Discussion
Comment by lscfaon Feb 18, 2023 4:56pm

RE:RE:Drops.6 cents What now ?

Damn fins are out of date too. They were filed Jan 17/23 but failed to disclose in a subsequent events section a 3rd tranche of convertible notes. Total is $1,300,000 US => 7,647,059 Shs    ...more  
243
Discussion
Comment by lscfaon Feb 18, 2023 4:46pm

RE:RE:Drops.6 cents What now ?

Correction 5,294,118 Shs.
192
Discussion
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