Lexaria Bioscience Corp (LEXX)

[presley1000]

it's just two companies fully owned by Lexaria.

If they sell one of them for lets say 10 bucks (feel free to hope for more), then Lexaria has 10 bucks in the bank. Nothing changes for Lexaria shareholders. If they "spin out" one of the companies... as owners of Lexaria, we would get a proportionate number of shares of that company. So we would own shares in multiple companies.

My guess is they are prepping to sell a subsidiary.


On a side note...

Not sure if you guys noticed the NNW release today https://www.networknewswire.com/lexaria-bioscience-corp-cse-lxx-otcqx-lxrp-expands-patent-portfolio-announces-exercise-of-450000-existing-warrants/.

It gives a little more info on the Nuka consulting deal. Makes perfect sense. 1906 Chocolate is a nice step up from using energy bars to market the tech.

LXRP also entered a three-year consulting contract for services, including customer relations and introductions, involvement at industry events and presentation of the company’s proprietary technology to prospective clients. The contract calls for a one-time payment of $500 and the granting of 250,000 warrants with an exercise price of $1.55. No shares are being issued at this time, and the warrants expire three years after issuance.