lol look at the market cap. this could be bought out for a few 100 million down the road. good luck to you

trying to scare people into selling now with that spread. I think we close over 30 today

No the outstanding shares will go up 10% It's a 1.1 -1 split not a 2-1 split.
So 40 million shares would go to 44 million shares.

more than double the average volume and HOD close. Very Nice how about a close over 30 tomorrow.

WOW 39K just went off high of day BID above that

not sure about today but notice most of the action on the ask. Someone wants in and I think word is starting to get out about Lexaria. Just think of all those days in the teens when nobody wanted to buy. Im sure a lot are kicking themselves.

Stop order---- google is your friend

I do not recommend using stop orders on penny stocks. MM can bring these down in a second just to take you out and then its right back up.


http://www.investopedia.com/terms/s/stoporder.asp

stock jumped after hours. stop orders wouldn't have helped

if you want to see how bad a short squeeze can get read this

I owe Etrade $106k, ouch.


https://www.gofundme.com/jwctrek

yea good eye. also .325 in canada equals .2443 so even buying on the ask at .231 is a discount. this is moving nicely on not much volume i can't wait for some 100k blocks to go off.

its just like when a stock pays a dividend. on the EX date the stock will reprice the amount of the split or dividend.

You end up with the same % of ownership.

Call your broker and ask if you can short LXRP. On mine it says "hard to borrow" Which means its heavily shorted and tough for them to find shares and if they have any you will pay more to borrow.

not many orders on level 2 that can take us over 23 with not much volume

correct but penny stocks don't act like normal stocks and this is about the shorts who now have to cover because of new cusip

shares don't double they go up 10%. if you own 10k shares now you will own 11K shares.

This is the line that got me excited

Lexaria is now evaluating license partners for the delivery mechanism technology, including established THC edibles companies.

Article about vegas conference

Public Company Pitch

Lexaria Energy ($LXRP, $LXX)

Chris Bunka, Canadian-born venture capitalist and CEO of Lexaria Energy, has built a successful business that spans North America. His company produces a line of all natural, additive free, pain & inflammation-relieving coffees, teas and protein energy bars, medicated with CBD.

According the the company, the products improve concentration and can even promote muscle recovery, allowing athletes to train more regularly. Protein bars are currently make up a market of $8.3 billion, and are sold in gyms, convenience and grocery stores, and specialty nutrition stores – now, potentially a dispensary or recreational storefront.

According to a recently published Leafly poll, edibles are greatly outselling flower and concentrates in California, Colorado, and Arizona. With smoking or vaporizing, an average of five times more active cannabinoids are absorbed than with edibles, but infused food and beverage products remain a popular method of ingestion because of the health issues and stigma attached to the act of smoking.

The main problem with edibles as a medication, is that most of the cannabis content in edibles is not used by the body. Cannabinoids are not easily absorbed by the intestine, if they even make it through the acids of the stomach.

Lexaria’s proprietary technology binds cannabinoids with fatty acids at the molecular level, along with a process for enhanced palatability and absorption so the cannabis cannot be tasted. The company has done its research, having conducted a third-party in vitro laboratory study that showed 5X improvement in intestinal absorption compared with other delivery systems.

With over 40 thousand gyms in the US, plus dispensary, grocery, convenience and drugstore retail, there’s huge market potential. Lexaria is now evaluating license partners for the delivery mechanism technology, including established THC edibles companies.

Once patented, opportunities to use the delivery tech for nicotine, NSAIDs, vitamins as well.

Further funding would carry Lexaria through profitability, expanding production, distribution and sales, additional patents and R&D, further potency and efficacy testing, and new product development.

https://www.cashinbis.com/cannabis-capital-growth-conference-engages-industry-leaders/

surprised by the lack of volume today. Would think some of the people at the conference, archview and buyers of their products would take a look at the stock

I just get the sense that someone big is going to come in and buy a few million shares. Think about it the $2 million private placement they said is going to be the last financing. If someone wants a position its going to have to be buying in the open market.

Bunka buys more shares as high as .22 and yet people aren't buying below that price.

be nice to see a press release about sales of the bars if its significant.
Going to be 3-4 months before it shows up in the reports.

form 4 just posted bunka bought 36K shares past 2 days.

http://www.lexariaenergyfoods.com/

I think we are seeing new people post now and try and scare people into selling because they waited too long to scoop up the shares under 15 cents. I'll just throw this out there. If they were bought out for say 100 million dollars the stock price would equal $2.50. Now look at all the marijuana stocks out there and look at how many trade for a lot more than $50 million. This is so undervalued it's amazing.

Ok I see your point but a $2 million financing isn't very large and those shares are locked up for a few months. If this was trading millions of shares on a daily basis I would agree but the avg volume is around 100k. $20 thousand dollars.

My point is this could easily move much higher during this financing process (which should be just about done)
Just think if 10-20 people each wanted 100k shares. Lexaria will be at the marijuana conference in Vegas which starts tomorrow hopefully people see the potential that we all see.

The financing deal price isn't going to change to the upside. It would only get lowered. So I'm not sure I agree with your post. Most of the participants of the financing aren't going to be brokerage houses its going to be accredited investors and its in our best interest its not from brokers finding them because they get a cut. I think there is something to the talk of this being heavily shorted because I called up my firm to see what the process is to short this stock and other marijuana penny stocks and this one was "hard to borrow" others I could just place a order. With so little shares im surprised people would short this.

I also don't think many know about this company or the story. I think if you asked investors in the marijuana space most probably think they are still trying to get a MMPR license with ENRT and have no clue about the patent pending lipid technology.

10,540,734 of the outstanding shares the CEO owns. Also thats not including all the other insiders. keep that in mind Im very surprised we aren't rallying more here. There just isn't many shares in the float and this isn't a company that dilutes the share count has been in the same range for awhile.

This is just the start. Now a licensing deal would be amazing news.

would love to see a few 100k attack the ask here and see where this goes.

its not so much as resistance as lack of volume. It wouldn't take much to get through it.

here we go a little volume and we are off to new highs.

thanks for review FN.

nice to see it staying in this upper range. When we get a close over .23ish this should then really get exciting

has anyone ordered the new protein bars?

you do realize that every trade there is a buyer and a seller right???

Please explain why you say that?

With Lexaria hitting on every promise on time and the insider buying continuing I don't get why shorts wouldn't just cover and move onto something else. baffling to me

you can also look on OTCMARKETS.com

big picture folks this is going much much higher. now those .15-.18 cent shares look amazing in months the .20-.30 will look amazing as well.

Wow so we are upset when the company doesn't update investors but when he does and goes to a pure site of marijuana stock investors somehow that's bad.

Stocks that don't trade can't be manipulated. If it was trading $100k+ and trading like this then I would agree but it can barely trade 100k shares.