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Xylem wants the SonCav unit to be successful because it wants to be a manufacturing parter with SonCav. The point remains, why would Justin (or anyone) from Xylem waste its time with a "scam" like SonCav/LEXG...here is the video of Justin from Xylem giving industry reps a tour/demo:
Oh, and pay close attention to the last 14 secs...
here is the youtube video, its only a minute and a half:
Big-time investors getting in on Xylem (link)
http://www.benzinga.com/analyst-ratings/analyst-color/15/08/5783669/mario-gabelli-loves-these-water-stocks
wonder why?? and why would Xylem waste its time with a supposed scam like LEXG and SonCav?? why would Xylem have SonCav at its headquarters??
Guess we'll find out soon enough :)
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sneaky dilution...hopefully to pay for the shipping costs to CA...and not for a tee time at TPC Scottsdale
Solid report. I like what I see from Pure!
17 days old
We got a SonCav video showing the machine running like a dream...that's better than a bunch of words. I imagine it takes time to get something like this to commercialization due to many different factors. It is significant that we have seen great footage of the machine, and no real dilution (in the last few weeks). Yes, the new AS count sucks, but I'm optimistic.
LEXG $$$$$$$
In the last few weeks it seems like he is only issuing shares to keep the company floating along. Rent/payroll etc. Been a long while since we've seen a massive dump...so I'm optimistic, for now.
Lots of eyes on the latest SonCav video...wonder who??
LEXG - ready for a pop
All signs are pointing to a huge PPS explosion via either the SonCav tech coming to market or a massive pump. IMO. It's based on what I have seen since the last RS.
It's possible that the shorts might be pulling their underwear over their head soon.
question for chemist - if the A/S is 10 bil now...that means reverse split will not take place for a while, correct? otherwise, why increase the A/S if not planning to use it? what is your thinking on that? i am thinking that LEXG will have to continue issuing shares until to keep operations running until commercialization, then reverse split when the company locks in contracts and thus looks for attractive for investors. this assumes the whole thing is not a scam.
Over 115 new views of the SonCav unit video since yesterday Let's see some volume!
more volume today probably due to the PR released. which we already knew about. my research says SonCav and LEXG are working very closely together right now and we could see something special with this stock.
I'm following Pure, Western Lithium, Bacanora and Nemaska (as Uncle T pointed out) But I'm sure there are other juniors that are viable as well.
well in that case, i hope it is WLCDF, if not them then bacanora.. ;)
i'm aiming for positions in all the juniors that i see fit. and if one hits Tesla, i will come out way ahead. who knows...
I started a small position this morning. Will be following. Good Luck Everyone!!
we should be getting an update on testing very soon, and i think then we have a mini run...possibly up to .001.
Additionally, I believe it is none other than Alex Walsh who is asking the questions in the Testimonial videos on SonCav's youtube site...just from comparing the voice on the LEXG website video.
Assuming it all fits, and there is validity in the SonCav tech (Xylem, hello??)...then what the hell is the increase to 10 billion authorized shares all about??? That's what is so vexing!
Hope for some clarity soon...
I don't care about that guy's stock record. But the rest is a fair point. My main concern, frankly, is how they plan on raising the 300 million dollars for the facility in NV. Will it have an impact on my current investment??
Can someone please answer this for me...is the guy in the light blue shirt at 0:53 in this official SonCav video, Alex Walsh of LEXG???
SonCav posted new videos of the machine running just a few days ago. It looks/sounds like they are very close to releasing test results, positive test results. LEXG is waiting on those results too. In case folks haven't seen it, link below:
this article kind of suggests that the merger is to get lithium production ready for the giga-factory ramp up. the NV deposit might not be ready in time for Tesla's liking. but the SA production has a chance to supply early for Tesla if they get moving on it now. Not saying a deal is in place, but never know!! I think the uptick today is partially because of this article:
http://seekingalpha.com/article/3390435-western-lithium-july-2015-update
Maybe some news soon!! Come on CEO...
I don't think SonCav is a scam. If so, that crowd funding effort (even though it failed) would be a huge stupid mistake that would come back to haunt them.
LEXG is anyone's guess at this point. But, I am still hopeful
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If you look at the recent SonCav videos and then look at the main video on the LEXG website, which has footage of the UT unit, it's the same room/facility. Alex Walsh is in there with a pen and a pad. It takes time to get it right!!!
However, I agree, the 10 billion is alarming. I hope it is an insurance policy that never has to be used.
It may be worth an inquiry to FINRA.
"If our Board of Directors decides to implement the Reverse Stock Split, it will become effective upon approval of The Financial Industry Regulatory Authority ("FINRA")."
???
Nice link Bull! The unit is pumping out steam as advertized and I saw another Xylem shirt out there...just a ho-hum 6 billion dollar company ;) with a HUGE law division that wouldn't stand for fraud.
The machine has been tested, taken apart, inspected, and she's running like a dream again!
GL everyone $$$$$$$$$
i read all that stuff a long time ago. my question was, if you think it's true...how is he able to continue without penalty?
if he was a known fraud, how could people let him get away with it for years?
according to investing.com LEXG is currently a "strong buy"
..otherwise they will have trouble selling when time to dilute again, post RS.
last time there was a pump (moratorium) before the RS. should be the same this time. maybe another moratorium or another debt position announcement. hopefully testing results.
people buying at 4 and selling piece by piece at 5.
CEO's salary for next month.
Alex Walsh, please read logoguy's excellent write up and give us some info and feedback in the July newsletter. Thank you
If the SonCav UT unit is ready, and by the looks of their twitter feed and youtube channel, it is....then LEXG can have one of the EXPLOSIVE runs it is famous for...at ANY time.
If commercialization of the SonCav tech happens, then everything is going to work out. Everything rides on that. And if that is to happen, then a reverse split is a logical move. Unfortunately, in OTC land, things rarely happen the way they are advertized. I hope LEXG is different...$$$$$$$$$$$