Replies to post #19457 on Lithium Exploration Group Inc. (fka LEXG)

[BottomBounce]

That is last years OLD news! As suspected! LEXG On Feb. 25, 2016 when the company executed a 1-for-20 reverse stock split. The split decreased LEXG’s outstanding shares from 1.57 billion to a modest 78 million.

Relax. Lol.
As the AS-capital is based on par value and not pps, the AS-capital and number of AS remains unaffected by the RS. The key phrase from below references is "Our authorized share capital will remain unchanged."

8K dated 7/9/2915:
On July 9, 2015, our Board of Directors approved an amendment (the “Amendment”) to our Articles of Incorporation to increase the authorized number of shares of our common stock from 2,000,000,000 shares of common stock, par value $0.001 to 10,000,000,000 shares of common stock, par value of $0.001 per share.

8K dated 9/30/2015:
On July 13, 2015, our board of directors approved a reverse stock split of our issued and outstanding shares of common stock on a basis of 200 old shares of common stock for one (1) new share of common stock. A majority of our Stockholders approved the reverse stock split on July 13, 2015. Upon effect of the reverse stock split our issued and outstanding shares will decrease from 1,930,392,180 to 9,651,961 shares of common stock, with a par value of $0.001. Our authorized share capital will remain unchanged.
The reverse stock split has been reviewed