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Re: janga post# 22282

Friday, 02/24/2017 10:19:52 AM

Friday, February 24, 2017 10:19:52 AM

Post# of 25284
It is 10x (1000%) and versus "an older heat tube" that has lost as much as 65% of its efficiency. There are no independent analysts covering this (LEXG doesnt pay them to write it but they pay to distribute it) and CapRock's price target was based on the following statement "Due to the company's lack of revenues and profitability, to arrive at valuation for the company, I relied upon technical analysis, using Fibonacci retracement" - so someone who was looking to be paid for distribution looked at a chart weeks ago (which looks quite different now). Also WHY would you pay $.0025 when they are selling millions of shares at .0005 (and guaranteed to be no higher than 1/2 the past stock price if it is lower than $.001) to "institutional" investors plus 10% interest. These are for odd lots of $50,000 in short-term convertibles so why would you ever think it is smart to pay $.0025 when you should be able to call the company with $50,000 and tell them you will fund them half as cheaply (to LEXG or at twice the $.0005 price they have sold millions of shares at) at $.001 with no interest. The company would have to have a great reason to refuse cheaper funding or they could be criminally negligent. If you pay $.0025 for LEXG stock, you are literally paying 5x more than they are selling it to others and you are not getting the free put (50% off guarantee) and interest that they are - that is not very smart.

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