Lexaria Bioscience Corp (LEXX): Our problem has been lack of institution...

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Lexaria Bioscience Corp (LEXX)

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Re: PotsandPans420 post# 12904

Thursday, 09/08/2016 1:40:59 PM

Thursday, September 08, 2016 1:40:59 PM

Our problem has been lack of institutional support to help move us and attract other institutional players. In order for that to happen we need a serious financing(at higher prices of course) from a major player that sees the big revenue numbers we do.

The CEO can't hold us up forever and as much as a great sign he holds a ton of it, any new institutional players might not like his control power. Like I said before, we need a mainstream company to do a deal with us to get us out of the pot sector. These are great foundation deals but not the big kahuna.

Hopefully our new promo/advisor team gets the price up over time as we close all these new deals, then some new money comes in.

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