Minus 10,
If you don't see value in Facebook, Google and Apple then I guess you only play with pennies stocks !
When one of the big companies stock increases by the same Percentage as Lexington there is more money made than the meager amounts of LXGTF.
Example, Amazon who also doesn't pay a dividend increased 9.45 % today, which shows a dollar increase amount of $126.98 ps. Nothing to be sneezed at especially if you hold a few shares!! In retrospect if Lexington increased by 9.45 % each share would only increase by about 1 penny, which you would need to hold a huge amount to show and real profit if any..
The problem with percentages is you can play with them to prove any point but the real value is shown in Dollars and Cents.
"LEX has a ton of financial upside. It’s like the Field of Dreams. Build it and they will come."
Really LXGTF has only 38,000,000 shares outstanding, So pray tell where are all these investors going to come from?? If they issue more share the price will drop. The sudden increased number of shares will dilute the price and the markets will react accordingly. Generally a dilution of shares shows distrust and an unfavorable outlook. Which means even with FDA approval the share price will remain a sub penny until Lexington proves its self and even then it will take a considerable amount of time to generate at least a Dollar per share...
LXGTF is the only Penny stock I hold and I bought it because of the product and what it can do, But I still did research prior to laying down one red cent, All my other Stocks are spread out over NASDAQ and the NYSE and in the higher categories you have shown you despise and hold no value of them. I guess that's why my portfolio has steadily increased over the last 55 years. And even if you are right I will still increase my value purely because after selling enough shares to pay the initial purchase I will have a huge amount of Freebies eventually gaining value.
