nice clip! over to facebook it goes! :)

hence the word "meaningful" that I used. :)

Was just saying It would be nice to get actual news... not fluff... that drives people at the event to hear what they are about in the afternoon. And gives us outsiders a fun day as well!

I assume Bunka is at the LD Micro event. It shows Lexaria presenting tomorrow afternoon.

https://www.ldmicro.com/events/presenter-schedule?day=2

A meaningful news release in the morning would be a nice touch.

They aren't open market buys.

I did a rough calculation using the updated data at OTC short report...

http://otcshortreport.com/company/LXRP?index=LXRP&action=view

If I am doing it correctly, since the 15th I come up with a net 565,309 of long shares purchased. If all those shares were purchased only by the short dude (not realistic), he would have still needed at least 300K as of this morning.

Maybe that's why we're getting some good action on the US side.

been focusing on the annual report and just realized the US short number is out... 869,596 basically unchanged.

Somebody has kept their balls of steel position for about the last 8 months.

From the annual report...

not me. I was staying as high as possible on the board and swapped out about 25K shares total for the day. they fucked me on the last trade where i only got filled for 500 shares.

Anyone read the fins yet? I still have a bit of work day left before I can look.

I was NITE at times today, but not at that exact moment you called him a fool... so not offended! :P

Not sure if you guys noticed at one point there was over a 20 cent arbitrage spread over the CAN side. 99 cents is over 1.26 CAN and the shares on the CAN side were selling for just over a dollar.

you guys may have missed the line that says year end fins will be posted today. guess it makes the release somewhat okay. :)

Chris has said a few times recently that LOIs are no longer material. The first handful were. Now they are just LOIs.

I assume that the first LOI outside the cannabis sector might be dealt with differently.

I'm trying to keep up with every other CAN company out there as well. The amount of puff releases is staggering. One ticker has released about 25 press releases since their last financials where they were pretty much broke... and none of the 25 were about raising money.

Lexaria has been guilty of shitty releases as well. Shut up and show me works fine for me short-term.

3 of them are actual deals. The other ones are Letters of Intent... they have to get together and formulate/tweak the product and if the end result is positive, they close out a full deal. If you're an edibles company, it takes a bit of work before the product is tested, ready and being sold. So the closing and royalties will always lag.

Revs were at 51K for the 9 months ended May 31, 2017. We'll know soon enough if that number is going to climb.

They have also stopped reporting LOIs, so it's assumed there are others by now.

From September investor deck...

I've played the gap 3 times already today. Up about an extra 4K shares and some cash. I don't normally get to play MM arbitrage on these tickers. Fun day!

i'm gonna play it in a sec.

strange gap between the US and CAN exchanges. A bid at 74 cents is 94 cents CAN.

You can pick up 100K shares on the CAN side for less that that at the moment.

Wow. C'mon Bunka, let's light 'em up.

Reviewing it further, the TSE data seems corrupted or off. Looks like they are showing aggregate trades and not the net. The CSE tab looks like it could be correct, but not to be trusted yet.

shortdata.ca has the latest numbers showing across-the-board huge MJ short increases. Lexaria (LXX) is not on the CSE list, so cannot confirm the number until CSE releases their short report. At least it will be no more than 300K, if the list here is correct...

http://shortdata.ca/largest-short-positions/

lol, not sure. I just thought up the question and threw it at you. Now I have to go look at it! :)

Year end for Lexaria is August 30th. Fins are due by November 29th.

Lexaria was burning about 400K per quarter for the first 9 months. Negligible revenue of about 17K per quarter. Lots of cash on hand to cover burn plus the current research, plus more warrant money probably came in.

The deal with Nuka is as of May 14, 2016. My understanding of that contract language online is a 2-year deal and can be renegotiated at that point. I believe that in some video out there Bunka said it was back-ended where the monies show up once the companies gain traction. It also helps the Lexaria books look better down the road as the royalties mushroom. So Q4 for Lexaria is the early second year of the contract.

Since I have no clue about how well the 1906 chocolate is doing and whether any payments were due during that period... I won't guess and will keep my expectations to a minimal $17K revs, as per usual. However, I still have a few days to dream of a $500K royalty payment out of left field putting the quarter into profit, giving heart-attacks to shorts, and making lottery ticket winners out of all of us! :)

Any prediction for year end fins? What are the chances that some of those back ended royalties from the earlier deal with Barsoom have started to come in?

If I told you how many shares I bled over the last couple months, it would make you vomit (over 6 digits). :) But that's what happens when the CRA calls... I had held them off long enough to realize already ridiculous profits on those shares, so absolutely no regret. I still hold what can be described as a 'fuckload'. lol

I do like to think that I lulled some short asshole into thinking I was going bleed them all. No chance!

at these prices, the daily inflow of cash is nice to see. The tickers are no longer trading a few thousand bucks a day.

Mono,

I'm gonna jump in and try and end your questioning.


This 2014 article gives a background on ViPova and the "tea ladies". Ms. Riello has been around the Cannabidiol block and has dealt with people that suffer much more than you and I.

https://www.stockopedia.com/content/lexaria-a-transformation-complete-88578/e

This 2015 interview with Alan Brochstein has Chris and John discussing how the company evolved and how they met the tea ladies...

lol i went for a nap and woke up to that $1.20. I should do that more often. lol

lol, it's insanity. just crashed to 93 on a few thousand shares. i guess it's healthy. need the bid support to build up.

ya it was slammed into the 90s and then slapped back instantly to 1.09. going nuts.

someone just took a dump on the CAN side and ruined my sunny morning. lol

Been looping this song this morning... :D

broke a buck on the CAN side!

broke a buck on the CAN side!

stockman69... I like looking at the all-time one and drawing a 2006 to 2007 trendline upward to the sky.



Does that 10 year old data count? :)

If you guys want to dig through tweets from earlier this year, you'll find a set of them where I was bugging John Fowler from Supreme about the tech. The original Ted Ohashi article was the focus. He seemed quite intrigued, but his main question was "who owns it" and what the deal with ViPova was. Although I had read through all the documents and understood that they had a good legal deal to exclusivity, it was still worrying to John. On top of that, I had to deal with Chris Parry and others chiming in to the conversation with their dismissive comments.

I think that getting a 100% ownership, gets rid of a lot of fear in terms of who controls the patent. It also allows them to have a market-tested edible they can slap the DeydraTECH logo on.

Mono, are you ASCM? :P

dude, as I said earlier... simply type "1906 chocolate" into google and do some reading. Then go to YouTube and type "Lexaria", sort by date, and listen to their web conference posted last week.

That's your start. Easy, no?

68 cents is 70% RSI. Unless there is news, it will probably need a couple more days of sideway action before more runway appears for the cautious types.

Read up on Peter Barsoom, his company Nuka Enterprises and their 1906 chocolate. They use Lexaria tech and I haven't come across an article or comment that disputes what they are claiming.

Lexaria is also doing studies with the National Research Council of Canada and with the University of British Columbia.

There is defnitely something to it.

we're discussing the LXRP US side. Instinet guy has his problem on the Canadian side.

This is the data for the first 4 trading days of the month...




http://otcshortreport.com/company/LXRP

Edit: was using 3 days instead of 4 originally.


If I am reading/interpreting the numbers correctly (there is a good chance I'm not and this is complete horseshit - I'd appreciate someone telling me)... I take the daily short count and double it because to cancel the short out you need to buy back in later. So I subtract that doubled number from the total volume and I get the net long shares that were bought over the 4 days... 769,567. If the short guy(s) bought every one of those net shares, they'd still be in the hole about 100K shares going in to yesterday and today.

Wow! Short count at October 31st was still pretty much same.