Please provide any amplifying information regarding this claim. I can tell you that I have sat and spoke with a real attorney representing LEXG in a very high rent office in Vancouver and we spoke personally with Alex WALSH via teleconference at the special shareholders meeting last October. What do you know? I believe this to be a honest business setting itself up to capitalize on a new technology. I am not alone. As per the SEC filings many other venture capitalist have invested large sums into this DEVELOPMENTAL business. So far LEXG has bought: mineral rights, disposal sites, one ultrasonic cavitation generator, and the rights to distribute the technology in all of Canada exclusively in non-hydrocarbon applications and non-exclusively in hydrocarbon applications. His/our UCG was on its way to Alberta to begin producing cash flow for LEXG when it was involved in a very serious traffic accident where one person was killed (as per news reported at location over Presidents Day weekend). It is being repaired and will soon be onsite where It will begin processing fluids that have been disposed of in the Tero site, establishing final production capabilities and be used to demonstratie and present the technology to potential end users. IMO LEXG has executed on its end far better than the developer and manufacturer of the technology: GD Glotech Intl. (SonCav). LEXG has passed on to us, many times, information that proved to be erroneous. I believe it's because Glotech could not or did not execute on their end or their contractors not executing on time for them. I do not believe it is LEXG's fault. This is a developmental business and not a Ponzi Scheme! This business plan is highly executable because it is not very complex. It is however completely dependent upon the UCG technology. I have spoken to college professors that know of and believe this tech will work. WHAT DO YOU KNOW? Please let us know if there is anything you know of pertaining to this technology that makes you believe this technology is a Ponzi Scheme. Otherwise please refrain from slandering a company many people have an interest in seeing succeed.
