Replies to post #10792 on Lexington Biosciences Inc. (LXGTF)

[Wyatt_parker616]

So you are saying that if APPLE or Google bought HS it might affect us with good returns or maybe nothing?

[gopherdat]

Hello Sabre & hope you continue enjoying your retirement. In your comment on buyout there is securities laws both here & Canada that prevents that very thing from happening. By law, anyone participating in the function of a public company must be under contract in all compensation commitments and such commitments must be filed. In the case of a buyout the board cannot pay any bonuses or other incentives above the compensation limitations of their contract. If there are preferred shares out then those can possibly receive special consideration but with Lex there is only common stock outstanding and that has been a big plus for me. So with that being said, in case of buyout, once price has been negotiated, then proceeds will be distributed evenly between all OS common stock after all outstanding debt, liability, & commitments have been satisfied. As far as various scenarios on buyout transactions, I would suggest researching it further. There are several different valuation methods used.
Stay safe & thanks for sharing.

[TTT777]

no buy out they want to get this in use by early 19 or sooner as they don't have as much capital vs millions of extra shares, advisor Mcinnes already stated royalties scenario, 26 mill free cash. 6 months 2 years 5 years long ways to go. In 6 months lex has some revenue or not share price will adjust. more good scenario uplist, at some time. still not enough new buyers. At some point there has to be some big PR PUMP saving a life or 2 might be good. for now great buying time, don't think .05-.09 is going to happen, save a few bucks just in case or whine and cry and sell