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Audit Update:
With the benefit of 60 days of comprehensive audit work since the time of our last update our auditors are nearly complete with their analysis. As a result, we feel compelled to adjust our timeline forward approximately 45 days from what we outlined in our last update to shareholders. We now fully expect that we can complete our 2019 financial reporting on or before May 1, 2021 and anticipate completing our 2020 quarterly and annual reports by July 1, 2021. We also anticipate being on a current reporting cadence by September 1, 2021.
The Company's common stock is expected to trade on the OTC Pink Market until such time that the Company may apply for relisting to a national securities exchange. To that end, we intend to ramp up our efforts to strengthen internal controls and financial reporting to expedite the relisting process.
Full Press Release
https://www.otcmarkets.com/stock/YGYI/news/story?e&id=1844345
Youngevity's Launches Web Interface For FDA Approved Hand Sanitizers
"We began shipping hand sanitizer on April 7 and we are pleased to be a part of the solution for a product that remains in short supply," said Dave Briskie, President and CFO of YGYI, about its wholly owned subsidiary Khrysos Industries. He continued, "This web interface should provide seamless access to our customers for information and the purchase of much needed hand sanitizer."
Youngevity Rings the Nasdaq Closing Bell 1/7/2020
https://video.youngevity.com/detail/video/6120677830001/youngevity-rings-the-nasdaq-closing-bell-1-7-2020
im surprised they havent tried to play this again
i heard they're taking flight again
looks good. i would use it! http://readrapp.com/
Lasting Pleasure Commercialization PR June 2017
HERBOURM GROUP "LASTING PLEASURE" ORGANIC ON FAST TRACK FOR LICENECE AND DISTRIBUTION AGREEMENTS
no, not much. time to put pmea into the barn until next season
that sign once stood out and said EVADA. but Me thinks the name says its all . Evad ya!
and that's exactly what I did. i dipped it good! i dipped it real good!
someone bought 100 shares in March at that price trying to get attention.
Looks like PMEA is selling to itself at SEIL
http://www.otcmarkets.com/stock/SEIL/news
400 going once...
lead-free, solid state digital battery. i wonder why this doesnt sell.
better load up for the big week ahead.
MIGME, a global digital media company
https://en.wikipedia.org/wiki/Migme
Why is the company not current with the OTC / FINRA
Solaris just sold its PESA Energy Storage Technology to Lithium Exploration Group, so SPCL should be cleaned up and ready to go for PixelMags.
"The MOU outlines licensing terms for use of the technology as a component of the Ultrasonic Generator package, as well as giving LEXG the right to continue to develop the technology for other applications. The legal documents are being prepared while due diligence is conducted, with the goal of finalizing the agreements on or before May 1, 2017."
they probably can't talk about the pixelmags deal until finra approves it. doing so would manipulate the stock and possibly cause finra to deny the merger.
crazy yes, but that's what they said about tv's, computers, cell phones, etc. maybe their battery holds energy at a ratio larger than usage. (battery voltage > charge + usage)
or it could be a scam. filing is a form with the SEC about a merger with Pixelmags is pretty serious and ballsy.
maybe they want to sell the company, but still move forward with their own projects. until the deal with pixelmag is complete, they might as well promote their product.
it sure sounds like it. i guess its possible as long as one keeps charging the others battery
LITHIUM EXPLORATION GROUP ANNOUNCES STRATEGIC ACQUISITION OF SOLARIS POWER CELLS INC. PESA ENERGY STORAGE TECHNOLOGY
Tempe, AZ - March 20, 2017 - InvestorsHub NewsWire - Lithium Exploration Group Inc. (USOTC: LEXG) today announced that it has reached a non-binding Memorandum of Understanding (MOU) with Solaris Power Cells Inc. (SPCL) to license and further develop its PESA™ Energy Storage Technology. The MOU outlines licensing terms for use of the technology as a component of the Ultrasonic Generator package, as well as giving LEXG the right to continue to develop the technology for other applications. The legal documents are being prepared while due diligence is conducted, with the goal of finalizing the agreements on or before May 1, 2017. Lithium Exploration Group intends to expand its engagement of Eric Dix and Innovation Associates to develop a strategy to further the development of this disruptive technology.
"This technology provides a truly differentiated way of collecting and storing energy that can be very useful for the Sonic Cavitation Ltd. Ultrasonic Generator's water application. We intend to use it to capture the energy from the steam released from the generator and reuse that energy to run the unit, potentially generating enough power to run the entire system without outside energy needs," commented CEO Alex Walsh. "We plan to expand the development of this technology and file patents around the industry applications and core invention so that it can be widely distributed across all industries. The deal we are working on with the team at SPCL will be beneficial to both companies because, once patented, SPCL will receive additional compensation and an ongoing royalty in perpetuity. SPCL has taken the technology as far as it can and we are going to take the baton and continue running to ensure it reaches its full potential."
About Lithium Exploration Group
Lithium Exploration Group is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused testing its SonCav Technology and the acquisition of oil and gas related assets in Western Canada. Lithium Exploration Group is traded on the OTC Markets under the symbol LEXG.
Website: www.lithiumexplorationgroup.com.
Safe Harbor Statement
This news release contains "forward-looking statements". Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future testing of the ultrasonic technology.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of lithium prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact Info? Shanon Chilson
480-641-4790
info@lithiumexplorationgroup.com
Stay on Target!
Item 1.01 Entry into a Material Definitive Agreement
On May 23, 2016, Solaris Power Cells, Inc. (“Solaris” or the “Company”) (OTC Markets: SPCL) filed a Form 8-K with the Securities and Exchange Commission (the “Prior 8-K”) disclosing that the Company had entered into a Share Exchange Agreement, effective as of April 30, 2016 (the “Exchange Agreement”) with Pixel Holdings, Inc., a Delaware corporation (“Holdings”), Pixel Mags, Inc. a Delaware corporation (“Pixel”) and Leonard Caprino (the “Management Stockholder” or “Caprino”) regarding the acquisition by the Company from Holdings of 100% of Pixels outstanding capital stock. .
Pixel is a digital distribution company engaged in the business of delivering digital versions of magazines and catalogs to mobile devices and mobile operating systems.
In exchange for the Pixel shares, the Company agreed to issue to Holdings (a) 1,000,000 shares of Series A convertible voting preferred stock of the Company (the “Series A Preferred Stock”), (b) a 10% original discount convertible note initially valued at $5,000,000 (the “Purchase Note”), and (c) a five year warrant to purchase 500 million shares of Company common stock (the “Warrant”).
On May 25, 2016, the Company filed an amended and restated articles of incorporation of the Company with the Secretary of State of Nevada. Among other things, the amended and restated articles of incorporation contemplated: (a) a one-for-10 reverse split of the authorized capital stock of the Corporation to reduce the number of authorized shares of capital stock of the Corporation from 2,170,000,000 shares of capital stock to 217,000,000 authorized shares of capital stock, and (b) a one-for-100 reverse split of the issued and outstanding shares of Common Stock of the Corporation to combine the outstanding shares of Common Stock into a lesser number of shares of Common Stock of the Corporation (collectively, the “Reverse Stock Splits”). When the Reverse Stock Splits occurs there would be no change in the 10,000,000 shares of preferred stock authorized by the Articles of Incorporation or in the 1,000,000 issued and outstanding shares of Series A Preferred Stock.
The closing of the transactions under the Exchange Agreement (the “Closing”), occurred on about May 31, 2016 following the filing of the restated articles of incorporation of the Company However, the consummation of the Reverse Stock Splits was deferred by the Company..
The Reverse Stock Splits are anticipated to occur on or about January 31, 2017; provided that such Reverse Stock Splits shall only become effective on a date which shall be the last to occur of (a) the latest date that a corporate action in respect of the reverse stock splits can be taken following the mailing of a Form 14C Information Statement to the stockholders of Solaris, or (b) approval of such reverse stock splits by the Financial Industry Regulatory Authority (“FINRA”).
Item 5.01 Changes in Control of Registrant
In November 2016, Leonard Caprino resigned as an officer and director of Solaris and Neil Kleinman was appointed as President and CEO.
Item 8.01 Other Events
The Company is currently delinquent in its filings under the Securities Exchange Act of 1934, and, to date, has been unable to file unaudited financial statements of the Company or its Pixel subsidiary in 2016. The Company’s management in working with outside auditors to audit the financial statements of Pixel for 2014 and 2015 and intends to file Form 10-Q Quarterly Reports for the Company and its Pixel subsidiary as soon as is practicable.
The Company also notes that there have been recent publications and other postings on the Internet by third parties alleging that Pixel has significant revenues, with figures as much as over $70 million mentioned. Such publication also speculates that the value of Solaris’ common stock could be significantly greater than its current trading price.
None of these postings or publications have been authorized or approved by the Company, any member of its current or prior management or any representative of the Company. In fact, the speculated revenues of Pixel are materially misleading and are significantly in excess of current levels of sales revenues. Investors are urged to ignore any such reports, publications or postings and should rely only upon public reports filed by the Company with the SEC under the Securities Exchange Act of 1934.
this things gonna fly on monday. hope everyone is in it to win it!
I wonder why they haven't been pushing SEIL. It was recently purchased by this same group.
http://www.otcmarkets.com/stock/SEIL/news/Seilon-Inc--is-pleased-to-announce-that-it-is-in-Process-of-completing-its-Reverse-Merger-with-the-Swiss-Corporation--Mundus-Capital-Invest-AG?id=146530&b=y
This looks great, but be careful. We've seen absolutely zero proof of anything they have claimed. Make them prove it. In the meantime, cash in on the dips!
MCI just bought SEIL also
http://corporate.mci-ag.com/actual-group-structure/
MCI just bought PMEA also.
http://corporate.mci-ag.com/actual-group-structure/
Evada A4 Ambulance
http://www.evada-aircraft.com/our-aircrafts-evada-a4-ambulance/
Well, I suppose 3.1B authorized shares handed out for financing is better than 16B!
still a lot of shares.
yes, i feel sorry for those who don't know the rules or how to play the game.