Lexington Biosciences Inc. (LXGTF)

[lukab]

Personally speaking, I really don't care how long things take as long as things do progress within reason. I'm not in any hurry. I'm hopeful that they do get FDA approval without having any setbacks. And I'm sure that there will be obstacles in the way just as ANY company can face even after FDA approval. But the key for me will be how prudently and intelligently mgmt. executes going forward and more than anything KEEPING dilution at a minimum! Dilution can be a necessary evil if the company has no choice (like right now as the co. did the private placement due to very little cash on hand). Hopefully they will use the proceeds very wisely. They had to sell a lot of shares in order to get the money they received because the share price was so low. But that will be the most important thing that I'll be concerned about going forward. IF they have to keep diluting and IF the outstanding shares would keep increasing (depending on the extent of such) then that would really p!ss me off because that could further lead to a reverse split which would make this just one more typical penny stock flop. Mind you, I'm NOT saying that this is going to happen. That's simply what I will be watching for going forward.