Lithium Exploration Group Inc. (fka LEXG)

[lodoguy]

LEXG - JacksonDawg - I would be happy with either piece of good news you mentioned... Not likely but would make me happy...

I would imagine TERO sale will be for less than paid... but if proceeds significantly reduce convertible debt outstanding that would be great...

If there are any insurance proceeds... that would be manna... but I doubt there was such coverage in place...

I believe there has been "at least" 150M shares of dilution in April 2015 since the voluntary debt holder conversion moratorium expired... some good news is that would have raised at a minimum $650K to $725K based upon discounts during the month for reduction of debt instruments... so if OS was 75M shares as of RS... OS is now at least 225M shares...

Alex please: 1) get another two month moratorium on debt conversion from the debt holders; 2) disclose the cash amount collected from the sale of TERO; & 3) get the UT moving forward for testing and monetization... let's not let this drag out any further... and DO NOT BUY ANYTHING ELSE until both UT's are fully tested and market acceptance of technology and monetization is achieved...

GO LEXG!!!