InvestorsHub Logo
Followers 103
Posts 19852
Boards Moderated 2
Alias Born 03/05/2012

Re: None

Tuesday, 09/19/2017 12:39:26 PM

Tuesday, September 19, 2017 12:39:26 PM

Post# of 25284
$349,103 in debt (Convertible Promissory Notes) coming due in October 2017 (as given in their last 10-Q). At the current stock price of $.0005, this debt can be paid with shares at the following rate: $.000375 per newly issued share of LEXG. This equates to 990,941,333. Not sure if this includes accrued interest as well. If not you can add another 100,000,000 shares or so for this additional expense.

Be aware of these upcoming debt deadlines, as it could effect share dilution significantly over the next 30-40 days.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.