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alexbh2285

02/14/18 11:25 AM

#1830 RE: slam4202 #1829

Not sure why that is "NICE" - That is INACTIVITY

1) LEXG NOT doing bitcoin mining nor ICO after bitcoin was down and they realized that doing an ICO will put an SEC spotlight on them (google SEC ICO).

2) LEXG is giving ALYI the right to sell SonCav to lithium miners in a weird spinout (with no clear details as to how this raises cash as stated, who owns what part of the equity, etc. - also LEXG does not hold the IP to SonCav even if this does work - LEXG PR'd years ago that it would be profitable soon - i.e. years ago - and not one unit has been sold) supposedly as suddenly ALYI has better lithium industry contacts (just from licensing some patents from Air Products while LEXG had been pretending to be working in lithium for many many years).

3) NOT buying Korean patents as they moved onto the next thing as always (they were lithium mining which they closed at a loss, then waste disposal which they sold at a huge loss, then SonCav which for which they do not own the IP, then oil drilling in PA which they are suing the driller for not drilling, now oil drilling in LA for which the funding and exploration testing has been going on forever).

4) New oil investment still taking forever to finance and drill - we'll see what happens in March - the last oil investment in PA ending with LEXG suing (for which they still have not recovered $$$) as the partners they chose were fraudlent and never drilled.

I'm not sure what "activity" this qualifies as other than more misleading PRs as have been the entire history of LEXG. That company is the biggest joke I have ever seen and if I liked ALYI for any reason I would not be happy with an association with LEXG.

IMHO

As a matter of course, everyone should do their own research