Lexaria Corp. (PINK:LXRP) Starts New Investor Relations Campaign

[[tagnumber 0]]Lexaria Corp. (PINK:LXRP) filed an 8K this week announcing a new investor relations agreement and a new press release searching publicity for the companys new legal marijuana business came out yesterday already. Yet, the stock price got a downward correction after surging up on the previous two days, thus today it could gain more trading attention.[[tagnumber 1]] [[tagnumber 2]] [[tagnumber 3]][[tagnumber 1]] [[tagnumber 0]]LXRP closed yesterday at $0.218 with a small decline from the previous close. Trading volume was much lower than the average and technical indicators took a very bullish position for the new session today that could send the share price high towards the upper Bollinger band.[[tagnumber 1]] [[tagnumber 0]] [[tagnumber 1]] [[tagnumber 0]]In its last quarterly report, LXRP reports zero revenue and minor cash reserves that should not be sufficient to start any operations. However, on Monday this week the company filed a statement announcing a new investor relations contract for the next 60 days compensated with $18,000.[[tagnumber 1]] [[tagnumber 0]] [[tagnumber 1]] [[tagnumber 0]]Thus yesterday the first press release appeared only to inform traders CannabisF[[tagnumber 14]]N will now initiate a marketing campaign to get the attention to LXRP stock and to promise that further announcements will come to make the stock attractive for trading.[[tagnumber 1]] [[tagnumber 0]] [[tagnumber 1]] [[tagnumber 0]]Even though the public campaign seems secured for LXRP, it still has nothing to offer to investors. In November last year the company sold out its previous oil and gas interests for a net amount of under $800,000 which led to a huge loss from discontinued operations. Currently, the entire assets available are valued at around $1.2 million which makes the stock look overvalued already.[[tagnumber 1]] [[tagnumber 20]] [[tagnumber 1]]

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