Lexaria Bioscience Corp (LEXX)

[PotsandPans420]

Shawking no I just was trying to correct misinformation that is being stated here. Sorry if it was taken that way it just seemed like you and others were confused on the process.

Abundance. So again Lexaria needed to raise a minimum of $5m to trade on the Nasdaq. They have balance sheet requirements that we didn't meet so the capital raise was necessary.
I think its a joke for him to tell you he couldn't raise this kind of $ on the OTC when he did 2 raises in the within 8 months for around $4m. The answer I received from IR about this was they didn't want to dilute so much when the stock was near a multi year low. They were also awaiting news on Altria that they thought they would receive in Feb 2020 not OCT 2020. So they did the small raise in NOV 2019 then May 2020 to fund them to they got the decision. Who knows maybe I'm being lied too.

Regarding the fees that HC wainwright charged. They are what you would expect.