Lexaria Bioscience Corp (LEXX)

[TonyX]

Potential outcomes, expectations

There are 5mm outstanding shares and 200mm authorized!! Basically, the company can conitnue to just issue shares and dilute everyone (no reason to expect they would ever stop doing this as it's ALL they have really done over the ast few years).

If you invested around the Altria deal, you'd be down 90% and would need a 10x from here to break even...what are the chances you think that could EVER happen with this many shares authorized?

Hate to be a downer here, but there's not much reason to invest in this pile as long as Bunka is in charge...constant promises with nothing to show other than mostly useless new patents that he just uses to pretend he's making progress.