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Lithium Exploration Group, Inc. (LEXGD)

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Last Post: 3/2/2015 5:11:36 PM - Followers: 260 - Board type: Free - Posts Today: 20

FORM 4 Filed for ALEX WALSH!!!! (http://www.sec.gov/Archives/edgar/data/0001375576/000143245314000091/0001432453-14-000091-index.htm )
It's Official ALEX WALSH has sold NO ("0" / "ZERO") Shares between August 27th and his purchase of 2,500,000 shares on October 22nd... as confirmed on SEC.gov... Further ALEX WALSH is prohibited from selling any of his 10,909,259 held on October 22nd for a period of six months through April 2015!!! It certainly looks like ALEX is confident in where LEXG is going and willing to make a commitment and not looking to get as much money out of the company as possible in a short time!!!



"On January 1, 2014, we forfeited the originally optioned lands from Golden Virtue (formerly First Lithium Resources Inc.). 
On February 23, 2014, the Valleyview property was forfeited due to our failure to incur sufficient exploration expenditures (during the two year time period from staking) as required by the Province of Alberta."


From Page 27- http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10247777#FORM10K_HTM_PAGE_27

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Lithium Exploration Group is a U.S.-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently, the company is focused on its Western Canada and South America properties. Lithium Exploration Group is a fully reporting company traded on the Nasdaq OTCBB under the symbol LEXG.
Website:
www.lithiumexplorationgroup.com 
http://www.otcmarkets.com/stock/LEXG/company-info

$LEXG DD Notes ~ http://www.ddnotesmaker.com/LEXG

$LEXG recent news/filings

 

Tue, 11 Nov 2014 15:04:00 GMT ~ Lithium Exploration Group Discusses Technology, Hydraulic Fracturing, and Sustainability
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 11, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), has invested significant time and energy into an oil and gas technology to assist in the treatment of oilfield waste...
read full: http://finance.yahoo.com/news/lithium-exploration-group-discusses-technology-130400214.html

Thu, 6 Nov 2014 15:50:00 GMT ~ Lithium Exploration Group CEO Distributes November 2014 Newsletter
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 6, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), CEO Alex Walsh discusses ongoing business activity in his November 2014 newsletter...
read full: http://finance.yahoo.com/news/lithium-exploration-group-ceo-distributes-133000380.html

Mon, 3 Nov 2014 14:50:00 GMT ~ Lithium Exploration Group Updates Shareholders on Status of Ultrasonic Technology
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 3, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announces an update on the status of teh SonCav Ultrasonic Generator ...
read full: http://finance.yahoo.com/news/lithium-exploration-group-updates-shareholders-123000107.html

Tue, 28 Oct 2014 12:48:00 GMT ~ Lithium Exploration Group Announces New Technology Partnership
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / October 28, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announced today that it is in discussions with a Texas-based company with a proprietary chemical additive that ...
read full: http://finance.yahoo.com/news/lithium-exploration-group-announces-technology-124800146.html

Thu, 23 Oct 2014 13:10:00 GMT ~ Lithium Exploration Group CEO Purchases 2,500,000 Shares of Stock
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / October 23, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announced today that CEO Alex Walsh purchased 2,500,000 shares of common stock yesterday in the open market. ...
read full: http://finance.yahoo.com/news/lithium-exploration-group-ceo-purchases-131000748.html

Wed, 22 Oct 2014 12:45:00 GMT ~ Lithium Exploration Group CEO Responds to Shareholder Concerns 
[Marketwired] - Lithium Exploration Group Inc. CEO Alex Walsh addresses shareholder comments and concerns:
read full: http://finance.yahoo.com/news/lithium-exploration-group-ceo-responds-124500724.html

Tue, 21 Oct 2014 17:04:11 GMT ~ LITHIUM EXPLORATION GROUP, INC. Financials
read full: http://finance.yahoo.com/q/is?s=lexg

Tue, 21 Oct 2014 12:15:00 GMT ~ Lithium Exploration Group Discusses Positive Revenue From Tero Operations
[Marketwired] - On Wednesday of last week, Lithium Exploration Group, Inc. filed its annual Form 10K. In Note 14 of the Financial Statements, the revenue from operations at Tero Oilfield Services is reported. From March ... read full: http://finance.yahoo.com/news/lithium-exploration-group-discusses-positive-121500080.html

$LEXG charts

 








 
 


 

Lithium Exploration Group: Technology Overview

http://ih.advfn.com/videos/market-commentary/lithium-exploration-group-technology-overview_oRWVca61aj8  (video)

Subsidiaries:

We have one wholly-owned subsidiary, Alta Disposal Ltd., a company incorporated in the province of Alberta, Canada on July 8, 2011. This
subsidiary was formed to stake MAIM (Metallic and Industrial Mineral) rights in Alberta directly from the government. Alta Disposal Ltd. presently
holds approximately 550,000 acres of MAIM rights in Alberta that were staked between July and December of 2011. We also have a partially
owned subsidiary, Alta Disposal Morinville Ltd., an Alberta, Canada corporation, and a partially owned investment, Tero Oilfield Services Ltd., an
Alberta, Canada corporation.
 

Oilfield Waste Disposal
Wardlow Facility   (Tero Aquisition) Class 1B well Morinville Facility (BlueTap Resources Aquisition)
Class 1B well - limited Class 1A status

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107774163

Lithium Exploration Group CEO Discusses Lithium Markets 8:45 AM ET 3/27/14 | Marketwire

Lithium Exploration Group Inc. (OTCQB: LEXG) CEO Alex Walsh discusses the recent activity and commentary around the lithium industry:

There have been a number of articles written in recent weeks about the lithium industry and I have personally received a huge influx of calls from shareholders and interested parties trying to get a handle on what is going on out there. I want to take a moment to answer some questions and comment on what is being reported in the media.

Tesla - Tesla's gigafactory concept is brilliant. It vertically integrates their operations, allowing for the Tesla brand to expand while controlling unnecessary third party costs and expenses in the supply chain.  
-- Supply and Demand Discussion    
-- Historically, lithium prices more than tripled over the 10-year period from 2000 to 2010. That demand was driven by iPods, cell phones, tablets, and laptops. There is roughly a two-year production cycle in the solar evaporation process to produce lithium from brine (which makes up a majority of the global supply of lithium) so, as demand increased, supply could not meet those needs, spawning huge spot price fluctuations.    
-- Prices have stabilized in recent years near $6,000/ton but there have been reports of oversupply recently holding prices steady even though electric vehicles have continued to grow in popularity. I expect that this will change rapidly perhaps more rapidly than people can quantify because the amount of lithium needed in a car battery is one hundred times the amount required for a laptop computer or a tablet. Supply needs must be initiated now to meet the 2017 goal of Tesla, and I believe that Tesla will begin to acquire as much lithium supply as it can get its hands on in North America to further the vertical integration of the electric vehicle production and insulate it from price volatility.
-- When will that happen?
 -- Only Elon Musk and his advisory team know for sure when this will happen, but it is not going to be an overnight decision. As they have with their expansion into the market, they will certainly look at all options, but I am confident that they will buy the lithium they need to run this gigafactory. SQM (Chile) is the largest producer of lithium in the world (and owned by Potash Corp of Saskatchewan). Tesla could easily acquire SQM and ensure their supply for decades to come. -- What does this mean for the rest of the global market? -- Strap on your seatbelts because there will be a frenzy of activity all over the globe trying to replace the 10,000 - 15,000 tons of lithium carbonate that Tesla will be consuming.
-- What does this mean for Lithium Exploration Group? -- I think that, at the end of the day, we have a separation technique designed to target lithium chloride and produce lithium carbonate, a 43-101 and hydrogeological study complete on the region and aquifer we are trying to target, and a technology that we hope will speed up the brine evaporation process from months to minutes. -- I don't know if Tesla will look to buy our knowledge, technology rights, our team, or our production but I do know that what they are doing to drive demand and visibility to the lithium exploration market will be good for us either way.
Sincerely, Alex Walsh CEO - Lithium Exploration Group, Inc

 

Lithium Exploration Group CEO Comments on Tesla's Lithium-Ion Battery Plans

SCOTTSDALE, AZ--(Marketwired - Mar 3, 2014) - On Friday, Tesla Motors Inc. CEO Elon Musk publicly discussed their plan to build the world's largest lithium-ion battery factory and locate it in the United States. At Lithium Exploration Group (OTCQBLEXG) we are very excited to see this development from one of the industry giants.

We started exploring the concept of low cost production of lithium carbonate in Canada in 2011 for exactly this moment in time. With the successful testing of the technology we intend to use to extract lithium from oilfield brine in Alberta, we are ready to continue with bench scale testing of the separation technique we designed in 2012 to target lithium, potassium, and other minerals.

Most of the global supply of lithium carbonate is produced in Chile and much of that production is spoken for by Asian manufacturers of lithium-ion batteries. Much like Mr. Musk, we feel very strongly that the demand for lithium-ion batteries will be driven by applications associated with solar and wind power, which require significantly greater amounts of lithium than car batteries.

Markets are driven by supply and demand. Mr. Musk, Tesla, and Solar City have just changed the demand for North American lithium for decades to come.

Sincerely,
Alex Walsh
CEO
Lithium Exploration Group
OTCQB: LEXG 


LITHIUM APPLICATIONS in the NEWS lately


PICTURE _ COURTESY TESLA.COM 
 

Alex Walsh              CEO, President, Secretary, Treasurer, Dir. 
Bryan Kleinlein CFO
 
OTC Market Tier OTCQB
 
  • For the year June 30th 2013 to June 30th 2014
    cash: $69,732
    current assets: $138,013
    current liabilities: $3.41 million
    annual revenues: $35,285
    net loss: $7.7 million


    Septebmer 30, 2014 Quarterly 10-Q Financial Data available:
http://www.sec.gov/Archives/edgar/data/1375576/000106299314006828/form10q.htm
  • CASH:                                                 $  177,820
    CURRENTASSETS:                          $  222,978
    INVESTMENT IN SUBSIDIARY:       $  973,176
    REVENUES @ LEXG Level:             $    16,067 
    REVENUES @ SUBSIDIARY:          $  406,358  (NOTE: Represents 3 months ended September 2014)
    NET INCOME @ LEXG level:           $ 118,616   (NOTE: FIRST EVER REPORT OF NET INCOME)
    NET INCOME @ SUBSIDIARY:       $   96,846   (NOTE:  LEXG GETS 50% OF THIS QTR END SEPTEMBER)

    CURRENT LIABILITIES:                   $1,635,985  (NOTE:  This is a REDUCTION of $1,781,917 in a 3 MONTH PERIOD)

    NET LOSS:                                        $ ZERO... ZERO... ZERO 
     
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LEXGD
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Wiki
LEXG News: Current Report Filing (8-k) 02/25/2015 02:15:47 PM
LEXG News: Quarterly Report (10-q) 02/23/2015 05:38:46 PM
LEXG News: Current Report Filing (8-k) 02/13/2015 04:26:19 PM
LEXG News: Lithium Exploration Group Announces Oil Upgrading Unit Ships from Houston 02/11/2015 09:35:06 AM
LEXG News: Current Report Filing (8-k) 02/06/2015 03:58:37 PM
PostSubject
#14084  Sticky Note $LEXG 1-for-20 REVERSE SPLIT Active!!!! LEXGD http://otce.finra.org/DLSymbolNam UserAlias1 02/25/15 03:31:06 AM
#14027  Sticky Note $LEXG CEO Alex Walsh recently said to shareholders PetePham 02/21/15 08:22:51 PM
#12162  Sticky Note LEXG - Major News - Lithium Exploration Group RocknRoll 01/07/15 09:00:18 AM
#12085  Sticky Note LEXG - Nice job Alex... halt the dilution lodoguy 01/05/15 08:22:03 PM
#14207   That's this stock I have another Im down Gman3343 03/02/15 05:11:36 PM
#14206   LEXG"D" - That's a better position than a lodoguy 03/02/15 05:08:33 PM
#14205   I need .06 to get even from here. Gman3343 03/02/15 05:04:11 PM
#14204   Hold it together.... This will be fun again Devo33 03/02/15 04:29:50 PM
#14203   This will Prob dip a lil bit then Honeybooboo 03/02/15 02:07:21 PM
#14202   This crap won't be shipped by then. scoobydooby 03/02/15 02:00:27 PM
#14201   Someone bought 7 shares at .021. gettinby 03/02/15 01:51:10 PM
#14200   Q2 report out in Aug will have substantial Devo33 03/02/15 01:00:48 PM
#14199   LEXG"D" - Will37 the on-site testing is a lodoguy 03/02/15 11:49:08 AM
#14198   According to other posts, 2-3 months testing wouldn't chemist72 03/02/15 11:46:43 AM
#14197   chemist72 That on site testing shouldn't take very long, IMO. Will37 03/02/15 11:38:42 AM
#14196   Probably because they want to test on THEIR chemist72 03/02/15 11:12:43 AM
#14195   I also believe no damage. Will37 03/02/15 11:00:07 AM
#14194   Yes you got it right you should also Powerstreet 03/02/15 10:49:48 AM
#14193   NOTHING THAT YOU HAVE SAID HAS EVER COME co pilot 03/02/15 10:38:16 AM
#14192   Predictions: No major damage will be found with chemist72 03/02/15 10:25:57 AM
#14191   Everything looks like its a launch ready to Hellgirl 03/02/15 09:41:49 AM
#14190   Lithium Exploration Group Announces Revenue for Subsidiary Business fcipo 03/02/15 08:51:30 AM
#14189   The GOOD financial news: DEBT is almost gone. chemist72 03/02/15 08:06:39 AM
#14188   The GOOD financial news: DEBT is almost gone. chemist72 03/02/15 08:06:26 AM
#14187   I think the PPS already reflects this info. Devo33 03/01/15 11:18:51 PM
#14186   Well if that is the financials that's not good. Gman3343 03/01/15 05:41:13 PM
#14185   Yahoo posts LEXG financials: chemist72 03/01/15 05:28:25 PM
#14184   We will all see the light at the Hellgirl 02/28/15 02:45:48 PM
#14183   Amen!!! Nkore 02/27/15 10:15:50 PM
#14181   Devo33 I would never sell my shares at Gman3343 02/27/15 02:56:58 PM
#14180   LEXG"D" - Still here... still holding my shares... lodoguy 02/27/15 02:32:16 PM
#14179   What is VMG#???? Verde Media Group?? EnVester 02/27/15 02:02:23 PM
#14178   I don't think the PPS will dip to Nkore 02/27/15 01:50:36 PM
#14177   AMEN,Sista! Am I making excuses for a shyster? Devo33 02/27/15 01:23:30 PM
#14176   Also a factor is the fact that everything gettinby 02/27/15 01:06:07 PM
#14175   $ LEXG. Lithium Exploration Group Announces Scheduled Retrieval CEO1 02/27/15 01:03:55 PM
#14174   Yeah...I'm a simple "big picture" guy....that why I'm Devo33 02/27/15 12:50:02 PM
#14173   No doubt traders have had a negative effect chemist72 02/27/15 12:39:22 PM
#14172   The large block holders voted for it Devo33 02/27/15 12:38:44 PM
#14171   NVIV also Devo33 02/27/15 12:37:11 PM
#14170   When they reversed it at .0001 it set Peterp 02/27/15 12:31:29 PM
#14169   I'm a ultralong with LEXG and with most old Mt 02/27/15 12:29:06 PM
#14168   Of the reverse split. Took you from .0001 Peterp 02/27/15 12:19:41 PM
#14167   My reasoning is the shares have increased 10 Devo33 02/27/15 11:57:10 AM
#14166   well stated Devo. I agree with most. chemist72 02/27/15 11:47:46 AM
#14165   GMan...I empathize with you because I have had Devo33 02/27/15 10:57:43 AM
#14164   $ LEXGD. I Only study stocks for long CEO1 02/27/15 10:38:18 AM
#14163   Sounds like a plan also what did you Powerstreet 02/27/15 10:27:12 AM
#14162   $ LEXGD. Right now is not the best CEO1 02/27/15 10:24:54 AM
#14161   What do you think of LEXGD is this Powerstreet 02/27/15 10:07:32 AM
#14160   Today will dropping another 10% or much more forestli 02/27/15 09:55:35 AM
#14159   Anyone else get charged by E*Trade for "reorganization Cubs17 02/27/15 09:51:58 AM
#14158   Yea my shares went from 850,000 to 42,500 Gman3343 02/27/15 09:36:21 AM
#14157   Keep us on watch!! Check this one out Hellgirl 02/27/15 09:29:58 AM
PostSubject