Lexagene Holdings Inc (fka LXXGQ)

[geodan]

$LXXGF BioPub video starting at 1hr 55m the issue is raised of LexaGene being bought out, licensed and uplisted, Jack covers that quickly in about 3 minutes then goes into a comparison with GenMark's products. This part of video is especially valuable.

Very illuminating on the future of LexaGene and their options. The superority of Lexagene system is large, not just cost. GenMark spends $60 making their cartridge after years. Lexagen is about $30 now, but it is just a hunk of plastic, that is almost all labor, maybe $3-4 of materials. The are hand gluing now. With automation in future maybe Lexagen can make them for $10-20.

For more info on LexaGene, see new article on SeelingAlpha

https://seekingalpha.com/instablog/535947-darp-research/5551692-is-lexagene-perfect-stock

Is LexaGene The Perfect Stock?