Lithium Exploration Group Inc. (fka LEXG)

[lodoguy]

LEXG - Wow! We just saw a perfect example of a massive intentional dilution day... over 90M shares... with someone completely managing the price points with precision... Since October 1st there have been 492M shares transact (with 1 more trade day left in October & Halloween to boot!!)... let's assume 70% are dilutive new AS... that would be 345M shares with a wtd avg of let's say .0035 PPS during that time... month-to-date we have seen the company raise $1.2M of new capital to fund toxic financing and acquisition costs... my guess is there will be more to come... so my guess is we are sitting at about 750M Share OS at present... I believe the company's market cap should be between $3.6 - 5.0M... so we should bounce toward .0048 to .0067 range soon... then if they take the foot off the accelerator... and Q1 revenues and financials look better/good... we could bounce from there... JMHO