Lithium Exploration Group Inc. (fka LEXG)

[alexbh2285]

Why don't they just hire more than one person at LEXG to manage commercialization of the SonCav rather than once again move onto another distraction? They have to pause the commercially-ready oil unit in order to focus on oil and gas drilling? That's crazy and doesn't make any sense. LEXG knows nothing about drilling - the whole oil asset was supposed to be to test the unit (generating revenues was a foolish explanation as they need cash - not revenues and they spent $700K cash to get a much lower in all probability revenue stream). This totally contradicts with the statement "our primary business is still the commercialization of the SonCav technology." LEXG is just a royalty investor in the White Top field - it is the same as if they bought $700,000 of MSFT stock and took a 2% dividend (royalty). It's not as if they are provide expertise there.
For them to be distracted by this investment (which was crazy in the first place as they fund at 100%+ funding cost with the convertible) is total nonsense and just another reason to explain why they have no SonCav revenues.