Monday, October 08, 2018 1:02:30 PM
"Besides the worst thing that can happen is them go bankrupt, but they would still have to settle with the Shareholders because the value is the Patented product and previous testing."
If LEX goes BK the common shrs would be worthless. All assets would be sold to pay creditors/acct payable. This is a possibility given they can't sell shrs in a P/P or obtain any credit loans. They have very little cash on hand. My fear is they don't have the cash to finish the trials and where do they go then? The September Form 7 sure didn't offer much of an update on progress or hope!
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