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Re: rmpenstk post# 24858

Wednesday, 01/03/2018 9:23:06 AM

Wednesday, January 03, 2018 9:23:06 AM

Post# of 25284
They don't own any blockchain or bitcoin mining technology. The competitive advantage in bitcoin mining is cheap computing power and cheap electricity (e.g., in Siberia) - LEXG has none of those. What are the odds that Alex Walsh and LEXG (with one other employee who is basically a PR person) can find an unloved blockchain asset and optimize it more than anyone other firm that has more resources, experience, brain power and finances? Zero. What are the odds that he will find some useless asset with the word blockchain or bitcoin and pay for it with massively dilutive convertibles paying 117% or more keeping this stock down? Significantly higher.

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