Lexington Biosciences Inc. (LXGTF)

[gopherdat]

Hello Sabre & hope you continue enjoying your retirement. In your comment on buyout there is securities laws both here & Canada that prevents that very thing from happening. By law, anyone participating in the function of a public company must be under contract in all compensation commitments and such commitments must be filed. In the case of a buyout the board cannot pay any bonuses or other incentives above the compensation limitations of their contract. If there are preferred shares out then those can possibly receive special consideration but with Lex there is only common stock outstanding and that has been a big plus for me. So with that being said, in case of buyout, once price has been negotiated, then proceeds will be distributed evenly between all OS common stock after all outstanding debt, liability, & commitments have been satisfied. As far as various scenarios on buyout transactions, I would suggest researching it further. There are several different valuation methods used.
Stay safe & thanks for sharing.