Lexaria Bioscience Corp (LEXX)

[AgentSmith]

A small fintech company I worked at for ~4 years got acquired a few days ago.

The CEO is a mutual acquaintance of both myself and a good buddy of mine who's worked in investment banking for many years now; so, my buddy's "kept tabs" on them.

I expressed my surprise at the acquisition - when I left, the company had been in business for about 10 years, and was yet to become profitable. Buddy immediately came back with "they got acquired because of their IP - not their revenue numbers."

For what [little] it's worth, I suspect that:
1. DehydraTECH is legit - and possibly paradigm-shifting - bioavailability technology.
2. Bunka's perfectly happy being exactly where he is [in life].

Accordingly, my guess is that Bunka is content with Lexaria just "riding the research wave" - i.e., banking more and more IP - until either (a) he just decides he's bored / tired / whatever of it all one morning, or (b) someone makes him an offer he cannot refuse.

This is all my $0.02, as usual - I "know" nothing.