Lithium Exploration Group Inc. (fka LEXG)

[JandKsMoney]

Here is my take on your questions:

#1 - LEXG currently owns 50% of Tero. The financing deal fell through for the additional 25%. This is discussed in the January 15th newsletter from Alex Walsh. It shouldn't have a huge impact on the share price.

#2 - LEXG no longer owns rights to lithium properties. They relinquished them in early 2014 because they did not spend the necessary money developing the sight.

#3 - The other technology is the Sonic Cavitation Generator or Ultrasonic Generator (UT) which is being prepped for shipment for testing now. We should be seeing verification of this shipment soon. There is one for oil and one for water. You can get more information on it from the Sonic Cavitation website. LEXG has the rights to sell these in Canada. This is what will drive the share price increases as soon as there are some positive test results and they are ready for market. This could be huge and what all the longs are waiting for.

#4 - The revenue on the most recent 10Q only shows about $18K, but the revenue from TERO is hidden in the investments line. The revenue for Tero (100%) in the 1st Qtr is about $400K with after tax income of just under $100K. LEXG take on that was $96K.

Hope that helps and that you decide to join all the other longs. It may be quite a ride soon with a little positive news.