Lithium Exploration Group Inc. (fka LEXG)

[UserAlias1]

T/A-gagged. Just short of 100 thousand quintillion shares???

The SS grows as quickly as trading volume dictates imo, If there is 100M traded one day, the SS went up by 80 million that day lol. Horrible toxic convertible debt here. If the share price EVER closes above where it did the day before, you can almost guarantee toxic debt conversions will show up the next day for 50% discount to the lowest trading price within the last 20 days. Any time the LEXG share price goes up, conversions will bring it right back down again imo.

In my opinion, the SS will continue to grow until share price reaches .0001 and another reverse split is needed so the debt holders have more room to the downside to convert and knock the share price down, again. How else will LEXG continue to get cash to run "operations" without toxic convertible debt? Nobody is going to loan Alex cash with a simple interest rate because they know they'll never see the cash again unless they get a convertible note for their loan, and Alex has had years to create revenue which hasn't happened, so imo, this is a share diluting toxic debt company with no real product.

Worth the read: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113274082