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Ok, I read it pretty quickly at the time and saw... "As at the date of this report, $600,000 has been funded pursuant to the note of which approximately $532,905.75 remains unconverted and outstanding."
Either way, not good. We need an update on the SonCav unit.
One thing that jumps out at me upon my first lookover is a note that comes due 1/22/2016 to JDF Capital for which $532,905.75 is remaining. That's about 5 million shares at today's closing price.
Correct me if I'm wrong.
I also see other notes in 2016 that will come due as well. So, I hope Alex can shed some light on this...otherwise I fear another bloodshed here.
Obviously, some positive testing results with the SonCav unit will open up lots of possibilities for moving the company forward. Until then...
Fingers crossed
11,669,869 common shares as of December 2, 2015
Higher than I had thought...but still VERY low!!!
10-k is out.
She's a pig. But we knew that already.
I'm tempted to up my position. Because imagine what happens with good news, and this low float. WOW!!!!!!
Go LEXG$$$$$$$$$$$$$$
AS I HAVE REPEATEDLY SAID OVER AND OVER, LEXG IS GOING NO WHERE. LESS INTEREST BY THE DAY. ANYONE WHO BUYS IS A MORON. ALL ONE HAS TO DO IS LOOK AT THE CHART FOR THE LAST FEW WEEKS AND SEE THAT LEXG IS IN A DEATH SPIRAL THAT CANNOT, I REPEAT...CANNOT BE STOPPED!!!!!!!!!!
looks like someone spent $18,000 on LEXG today. I can understand the selling given all the unknowns...but the buying...?
what is going on? something we don't know about yet...?
put a bid in, nice entry point IMO
volume picking up today...
With <10 mil OS...imagine what would happen if there was positive real news... It could be 10,000%!!!
It is very interesting. What in the hell is going on with LEXG...and how is the PPS not falling when the company is having trouble filing paperwork?? And are they able to pay for work that is supposedly being accomplished during this time on the Oil unit??? If so, how are they doing anything without dilution??? Is there going to be a new arrangement between LEXG and SonCav???
All we can do is guess for now.
Not with <10 mil OS.
The price will only drop significantly if shares are issued to raise money, or other bad news. Otherwise, PPS will stay right here. IMO.
I think the changes are good. I think WLC is going to be a very successful company, with very a diversified business. If the next 12 months go how I think it will, the PPS will begin a long climb up starting next month.
this is a good summary and should be a sticky post.
LEXG has exclusive distribution rights in Canada for the Oil unit. Hence the CEO always mentioning the Canadian oil and gas market.
I must admit I am surprised that the PPS has held steady over the last week. As a shareholder, obviously I'm happy. I wonder what the hell is going on. We'll see. One thing we know, right now...the float is TINY
LEXG - when you least expect, it can RUN!
Non-dilutive! I like that.
All depends on how the company pays for things in the next few months. CEO actually uttered the word "dilution" in the latest update, so it really all hinges on his ability to avoid that. If he can, I think this is the bottom because the float soooooo small.
But I believe, based on my DD, that the SonCav technology is a great opportunity for LEXG to become a profit making company.
Interesting day here. Only 4% percent down after CEO explanation. Still hopeful!!
Need to get the audit sorted out...then no dilution...then UT testing results...then TO THE MOON $$$
The big bang is coming...this last week is just a blip.
Of course, all of this assumes no major dilution.
Billy, check out the new Clay research :)
http://www.nanotech-now.com/news.cgi?story_id=52534
i think the dumping already happened, the float is so small...there's not much more profit to take at the moment.
Power hour, let's see what happens $$$
Another insider following WLC closely:
http://www.equities.com/editors-desk/stocks/energy/should-more-commodities-investors-be-turning-to-lithium-and-uranium-names
Looking forward to some news/announcements from WLC in the very near future!
I think we truly are close to meaningful PRs. So I'm not selling because I know there's a huge run coming and possibly a long term play here if the UT units sell. The technology is amazing.
LEXG $$$ headed north again
less than 10mil float...just getting started here $$$
should move up 80% tomorrow. not enough shares sold at the end to stop momentum.
The big push hasn't even started yet. There's been no pumping, really. Actually, there's been a couple negative PRs to try to get the shorts off the ledge. Wait until Alex decides it's time :)
By the way, the UT machine is real, and it's spectacular.
as Big T said:
2015/11/09 1,043,940 0.33
2015/11/06 1,277,459 0.19
2015/11/05 454,180 0.1025
2015/11/04 244,675 0.0645
2015/11/03 8,639 0.060
Only 9,651,961 outstanding shares here
ok, maybe time to buy some this morning and ride this wave.
Not just today, it started Thursday...and it's still hot :)
very nice LEXG...more tomorrow...to $1!!
$$$$$$$
The squeeze is so tight, some people might jump!!!
More PR today:
http://www.microcapdaily.com/lithium-exploration-group-inc-otcmktslexg-heats-up/113683/
Look for the explosions to continue. LEXG is in position for another HISTORIC run.
$$$$$$$$