because when the stock (could be any stock) isn't performing there are always excuses.
(Also Altria would be developing the product and they may have them already so I don't agree with that timeline).
Lexaria was trading over $2 and what did they have?
Now its 28 cents and what do they have.
Your telling me revenues is why this stock trades at 28 cents come on.
There are many stocks with revenues who's stocks underperform.
ACB has revenue that stock recently went from 10 to under 5.
I can name 100's of these situations.
This stock needs more interest. People were buying BANKRUPT HERTZ not too long ago. Stock went up a lot.
Its a sad state with people here. IMO
If Altria doesn't move forward I believe some will push its bullish because BTI will do something more in our favor. If Altria moves on to just phase 2 some will be very disappointed.
Bottom line thats what creates a market.
This company has a strong possibility to be cash flow positive FY2021 They need to get off the OTC and be on a major US exchange. I wish it didn't have to do a reverse split but because the interest isn't here its most likely the only way. No reason why this company shouldn't have a 100m valuation waiting on seeing what happens with ALTRIA BTI etc. IR is awful. Analysts that do cover this sector don't focus on LXRP (besides TED)
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