Read the 8-k filed on 06/02/2011 and you'll see that the company was able to raise $99, 961.50 by issuing common stock.
I'll be reading over the filing that came after this one later on tonight, but it seems like all of their claims may be legit. The company does have a promotion going right now, but at least their claims can be backed by SEC filings. I believe LEXG was also promoted.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.