Lithium Exploration Group Inc. (fka LEXG)

[chemist72]

Amount of LEXG debt has NOT changed.

They did restructure some of their convertible debt as follows:

https://finance.yahoo.com/news/lithium-exploration-group-announces-50-160000065.html
Lithium Exploration Group Inc. (USOTC: LEXG) announced today that it has come to terms with two major debt holders to restructure all of their convertible notes, reducing conversion discount by 50%.

However, this merely reduces the discount at which shares are exchanged for debt (I took that into account in my calculations).

https://finance.yahoo.com/news/lithium-exploration-group-announces-buyout-161200675.html
LEXG also announced that its largest Debt holder with over $2.3mm in Debt has been Bought Out by a New Investor Group.

Again, this does not change the amount of their debt, only the persons/group holding that portion of their debt.

My calculations for the number of shares required to pay off upcoming debt with deadlines over the next 6 months or so still stands using a current share price of $.0005