Lithium Exploration Group Inc. (fka LEXG)

[Nkore]

It is too early to start pointing fingers - all he did was provide a positive signal. Revenue reporting is tricky with so many variables. I doubt people piled into LEXG for its promised revenue alone. I agree having an estimate of revenues would have been nice but nothing would have helped prop pps with the dilution that happened..the UT cavitation system is our only hope to get pps above $0.60


Future standard for corporations (see below) but not all of them are there yet..

"Reporting organizations will be required to assess the goods or services promised to a customer, identify performance obligations on the basis of whether the goods or services are distinct, and recognize revenue when (or as) each performance obligation is satisfied."

- NK