Replies to post #13165 on Lithium Exploration Group Inc. (fka LEXG)

[wii1dr]

He is John M FIKE not Fife, genius.

[Jerry70]

$ LEXG. I dont know what you would want to know as he is the same John M Fife that the 13g was filed on for little over 4 Million shares of Clean Cloal a stock you post about and easy to find by Search of Fife trading Inc. He is very easy to find.

* John Fife is the President of Fife Trading, Inc., which is the Manger of Iliad Management, LLC, which is the General Partner of reporting person Iliad. Iliad has rights to exercise a Warrant and convert a Promissory Note into shares of the Issuer’s common stock. On the date of the event which requires filing this Statement, the number of shares of the Issuer’s common stock beneficially owned by Iliad was 4,073,276 shares, which represents the maximum percentage ownership allowed under the terms of the Secured Convertible Promissory Note in effect on that date. The 4,073,276 shares represent 9.99% of the 40,773,536 shares outstanding on that date (as reported in the Issuer’s Form 10-Q filed December 24, 2014).

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[Jerry70]

$ LEXG. John M Fife is not new to the OTC and he is 1 of the 4 of the Debt holders that was talked about in the last News letter. I hope the next News letter will explain a little better about the 25% that was suppose to close the 1st of 2015. John Fife got involved 11/19/2014 so i am not sure if it was about the 25% are not.

This report is filed by Iliad Research and Trading, LP, Iliad Management, LLC, Fife Trading, Inc., and John M. Fife with respect to the shares of Common Stock, $0.00001 par value per share, of the Issuer that are directly beneficially owned by Iliad Research and Trading, LP and indirectly beneficially owned by the other reporting and filing persons.

The address of the principal business office of each reporting and filing person is:
303 East Wacker Drive, Suite 1040,
Chicago, IL 60601

Iliad Research and Trading, LP is a Delaware limited partnership.
Iliad Management, LLC is a Delaware limited liability company.
Fife Trading, Inc. is an Illinois corporation.
John M. Fife is a United States citizen.

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[Jerry70]

$ LEXG. Phoeinx, AZ - January 5, 2015 - InvestorsHub NewsWire - Lithium Exploration Group Inc. (OTCPINK: LEXG) announced today that its four remaining debt holders from the Tero acquisition have agreed not to convert any of their remaining notes for the month of January 2015. This agreement has been put in place with the debt holders to relieve pressure on the company while the additional acquisition of Tero is completed and the oil treatment unit is deployed at Tero.

"Our debt holders are extremely supportive of what we are doing as a company; together we are working to restructure the balance sheet to show our shareholders our commitment to protecting their interests and moving the company in a positive direction,” commented CEO Alex Walsh. “We continue to make positive progress and this gesture shows the commitment that our debt holders have to LEXG. We have also discussed extending the moratorium for the remainder of the first quarter, but for now it stands for the month of January.”

The way this reads to me that they are closing on the other 25% of TERO and they have until the end of Febaury to get it closed.

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