Lexaria Bioscience Corp (LEXX)

[PotsandPans420]

So you have rules in place for these types of things. If you own over 5% of company you have to file if you own over 10% you have to state reason. Also majority ownership rules in place to limit this activities.

So Altria or whom ever after accumulating a 5% position would have to file. After each transaction if they don’t report and keep building position they are breaking the law. Second the broker dealer is in charge of this private placement. Hc wainwright in this case.

It’s fun to dream but security laws are very clear and a takeover or accumulating the size position your mentioning they would have to go a different route according to the SEC.

Go look at any transaction with company a taking a stake in company b. It’s very clear cut and not done this way. You would file a LOI then a definitive agreement.