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I wonder why the 4th quarter report hasn’t been released yet. It should have been released by now. The 3rd quarter report was released the following month (October 2018) that it ended (September 2018). Here we are at the end of the 1st quarter of 2019 and still no report. WHY????
You also could call the Advisor Donald Mcinnes at 604-377-0002 which is in New Westminster, British Columbia. It is worth a try. Let us know if you do speak to him. He did call me and left a message and I called back but no answer. Give it a try.
I already read it and said absolutely nothing that shareholders need to hear. Basically all Eric Willis did was change the date from January report. I’m looking for 2018 4th qtr report. Have you seen it? I can’t imagine that report saying anything worth hearing. Still want to read it. You have any thoughts about the current situation?
Another banner day. The company must be proud they are doing so well. Waiting for 2018 4th qtr report and see what that has to say. Probably some more scam garbage. Maybe they will say they are continuing the fast track to FDA approval. Fat chance of that. Actually I believe they need to be finding a new President who can get things done. Time for Eric Willis to go. I don’t see a damn thing he is doing for all shareholders.
At this point not much else you can do but hope for the best or take a complete tax loss. I’d say the latter will happen. No confidence in the management.
Has anybody seen the 2018 4th quarter report?
I read it and it doesn’t tell us anything about anything. So sad. I really believe they have no business sense on what or where to turn next. If the HS doesn’t work I wish they would just tell us. Of course that would be the right thing to do. Enjoy your day.
I would like to think this will turn itself around but with the passing of each day and not positive info from management leaves me in severe doubt. I myself can’t stop thinking about a statement made just a few months ago when it was stated “We are now on the fast track to FDA approval”. How in gods name can you state such a thing and look where we are at now. Absolutely no sense to me. After that statement was made I went and bought a crap load of shares because I do believe in HS. To me looking back on this I see nothing more then FRAUD making such a statement and not following through to what was said. Talk about misleading people. This is it. If all they need is $4 million dollars and if HS does what they profess then I see no earthly reason they can’t find it through a private person or a corporation. That amount is peanuts to a a lot of people and Corp. This leaves me to believe there are flaws with the HS. How else can you explain what’s going on right now? If anyone on this board see’s it differently please give us your thoughts and ideas on where we are headed. Have a great day.
Sabre isn’t anything but a big bag of wind. He try’s to talk a big game.
Sorry, what $190,000? What did I miss?
It is hard for me to understand what the problem is with The management team. Developing a product over a 15 year period all of a sudden comes to an immediate halt. I get it when it is being said it’s a money issue. They didn’t know this before? Why all the past positive reports and stating they are on a fast track to the FDA when in fact they knew they didn’t have the money to complete. I was told by President Eric Willis they need 4 million to complete 150 clinical trials, manufacturing the product, getting it to market and FDA approval. My question is why all the positive strokes and no money to see it through. I’m not calling it a scam but it pisses me off because this is why I invested plus I do believe in the product. I even had a thought if this thing really works and potential buyers are having the same thoughts. Reason for no buyers or joint partnerships. 4 million dollars to some of these companies is pocket change. Does anybody else have any frustrating thoughts on this? Now I can’t even afford to sell if I wanted to. Way to much of a loss. I’ll write off my complete loss if it comes to that. Hope it doesn’t.
I suggest you call or text Donald Mcinnes. I have posted his phone number previous. Ask him all your questions.
I don’t know where you came up with $750,000 needed to complete clinicals and FDA approval. I spoke with the founder Donald Mcinnes through texting and he told me they needed 4 million dollars to complete clinical testing and receiving FDA approval. I agree the financial institution that was helping them was just awful and didn’t do anything for LEX other than take there money. Now they are gone which is good for us. I believe the LEX insiders need to find smart financial professionals who know the ins and outs raising much needed money. Donald Mcinnes told me they have tried to raise funds the last two years but have been unsuccessful. Why would you wait two years before you decide to change course? I’m really questioning the ability of the CEO Eric Willis. What is he doing to make this company successful?
Port, I do understand that he has to be careful what he says due to giving out insider information My gut feeling the powers to be don’t have a clue where to go next. I certainly could be wrong but my conversation with Donald leads me to believe he and his team are lost where to go next. Believe me I pray that I am wrong and they get this thing turned around and quickly I might add. Everyone please pray for great things to happen. Have a great day.
Overall, I tried to stay positive but since my conversation with Donald Mcinnes yesterday by text messages I will no longer be a buyer of this stock. Donald told me they need an additional 4 million to complete all the clinicals and get HS to FDA approval. Then no guarantee that the FDA will approve. I believe they will get approved once they get to that point. However, they need to get the funds and that is my concern and doubts. JMO.. I suggested to go after the big guns such as Apple, Microsoft, Fitbit, Johnson & Johnson etc. I even suggested Mark Cuban. He understands but went on o say this isn’t his first movie. I told him I bought into this based on past PR’s and the hype they are on the fast track to the FDA. How in gods name can you be on the fast track when stating they have been struggling finding money the last two years. Had I known this 1 1/2 years ago I wouldn’t have bought a single share. Here we are today and nothing happening and not knowing what to do or which direction to turn. WOW.. have a nice day to all.
Got a phone call yesterday from developer of Lex Donald Mcinnes. Didn’t speak to him but he did leave message regarding my previous text to Eric Willis. My message to Eric was all the insiders must pool there money and fund this thing to FDA approval. Donald stated he has put in $225,000 of his own money from the beginning of this process. He went on to say they are working hard to find investors. FYI, Donald’s phone number is 604-377-0002 if you wish to give him a call to ask your questions. Thank you and have a great Sunday. If HS is that great they need to get this thing to market. If that happens IMO we will make some serious money. Have my fingers and toes crossed. Tell you what if I had some big money available I would get this done.
Very nice GREEN day. Will be nice if we can go green everyday this week. I’m hopeful we will hear from Lex by March 8th on the future game plan. Just call it the Gibbs (NCIS) gut feeling. Have a nice day.
I don’t see them filing bankruptcy because I don’t think they have any debt. It is my opinion the option is sell LEX. The next question what is it worth? I had another thought that investors are Leary of a product that isn’t FDA approved to invest in. Maybe they should take LEX on TV Shark Tank....
I have confidence in the LEX team to raise the much needed funds to complete all clinical trials required for FDA approval. If you anyone doesn’t believe in this company then I ask myself why are they invested. I’m in this thing to the very end. Good or bad and hopefully good.
I appreciate your further clarification on LEX being able to sell the company without shareholders approval. I thought I was correct and your explanation put it to bed. It is great to have you as our board moderator and your vast knowledge of Lex and the overall stock market.
Not without share holders approval.
No Whiskey we all love this forum. Your the one everybody was cheering when you left. You are and will always be one pathetic sad person.
Can anyone imagine what the SP would do if we could get a million buys in a day.
IMO until FDA approval is obtained money will be hard to come by. I believe they will get the money to take this to he finish line. It just won’t be as quick as all of would like. I know especially me. I want all completed by August 1st but it appears this won’t happen. Enjoy your day.
I have no idea what you are talking about. I wasn’t trying to be scarcastic. I was only saying what I meant from my statement. Where you got sarcasm is beyond me. I use the word hopefully and that is sarcasm? Perhaps you shouldn’t respond to me anymore. That would probably be best. Have a nice day and hopefully we hear from LEX soon with great information.
My statement says “Hopefully” we hear something this week. I haven’t heard anything from the company. ????
Hopefully next week brings good news.
Did you contact them with he information I provided you. If you did what did they tell you? I’m hopeful we get a PR by 1st of the month. Have a good day.
Let’s get some serious conversations going today Thursday. LEX is the stock to buy long term. IMO.
Your minus 10 doesn’t even make maturity sense. Beside are you ever in the weeds with this one. Wow...
So you say only one person has your email. Just by you responding to Gopher sure makes it look suspicious through your comments and no one else responding to Gopher about having emails. Hmmmm.... my thought is if a person didn’t do anything then why even respond. Just saying.
See post #11559. Call the number and talk with the guy listed. Pretty easy. Ask all your questions.
What part of that post don’t you understand? I’m reporting what I was told by this guy. Don’t take my word. You call or email this spokesperson for LEX and ask him all your questions. It’s pretty easy to do. It only takes a little ambition. Lol.
Don’t take my word for it. Call the number and talk to the guy I listed on previous post.
Please see my post #11559. It says it all. Please don’t take my word for it. Email or call this man and ask all your questions.
The only thing that can derail us is the company being sold or bankruptcy. I don’t see either one happening but it is still a concern in the back of my mind. Since no clinical testing is going on at this time due to funding issues but they are expected to obtain funding around February. Once capital is obtained testing will reconvene. I really don’t expect FDA approval until 4th quarter of 2019. I also expect a PR by the first of February. All stated is my opinion. Have a great weekend.
I suggest calling Mr. Barry Mire who is Vice President for Renmark Financial out of Quebec Canada at 514-939-3989. They are a third party answering investor relation questions. You can also send an email through the web site and they will get back with you.
Great post Gopher. All makes perfect sense. Let’s hope HS takes off by June 2019. Maybe before fall we will be able to recover some of our initial investment.
Did you speak with someone at LEX or just an educated guess? What do you base your statement on?
I agree on the crickets but all this speculation is going to put this board on paranoia medication. I gotta believe this will all work out. I don’t know any of the company players but I don’t see them doing anything under handed. Let’s all think and be positive.