In an exclusive interview to CEO.CA, LX-Ventures (LXV) CEO Mike Edwards asks investors for patience and defends his company’s execution in light of its recent 60% share price fall. Edwards says LXV has no plans for future acquisitions or financings until a “business model validating event’ occurs whereby one of LXV’s portfolio companies is sold… Continue Reading
The picture above is apropos. Because it appears the person shown is setting fire to cheap paper. LX Ventures (TSXV:LXV) was seen by many as the ascending tech rocket that would boost the local sector. CEO Mike Edwards is a renowned tech player, he’s got nice exits behind him, and witht he Mobio social media platform,… Continue Reading
The Canadian retail speculator isn’t dead, they just don’t give a damn about mining anymore. LX-Ventures (TSXV:LXV), a publicly traded technology VC founded by Keir Reynolds and led by CEO Mike Edwards, has been on an absolute tear recently, climbing over 600% in 40 days on very strong volume (9 million shares yesterday, for example).… Continue Reading
There’s a growing rotation of capital flows being diverted from resources stocks to the tech world lately, and many entrepreneurs have jumped on the bandwagon, starting a host of technology ventures. And more are sure to follow. After all, “Give ‘em what they want” is the old promoter’s adage. If you’re looking on keeping up… Continue Reading
