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Re: imjake post# 99

Thursday, 10/24/2019 4:04:18 PM

Thursday, October 24, 2019 4:04:18 PM

Post# of 492
LexaGene owns the 2 original patents. Jack is the author.

Biotechs of this nature typically sell between $300M and $800M. Would like to see the upper end.

You are correct about the one time use cartridges being like the razor blade and high margin. They will make a ton on the sale of those. They have a lease to buy program for the LX2 that will make it easy for anyone to afford to own one. That will be a big assist for sales too.

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