Replies to post #8344 on Lithium Exploration Group Inc. (fka LEXG)

[UserAlias1]

LMAO, LEXG listed-under 'penny-stock'...

Another-example of-an-activity-that skirts-the-borderline-between legitimate-promotion and-hype is-the-case-of LEXG. Lithium Exploration Group's market capitalization soared to over $350 million after an extensive direct mail campaign. The promotion drew upon the legitimate growth in production and use of lithium, while touting Lithium Exploration Group's position within that sector. According to the company's December 31, 2010 form 10-Q (filed within months of the direct mail promotion), LEXG was a lithium company without assets. Its revenues and assets at that time were zero.

http://en.wikipedia.org/wiki/Penny_stock