Lithium Exploration Group Inc. (OTCPINK: LEXGD) CEO Alex Walsh updates shareholders on company activities:
Last year was a very busy year that brought about an important transformation in the history of our company. We initiated the strategic investment in oil and gas assets through a subsidiary entity, with the goal of generating positive cash flow to fuel our technology driven endeavors. We also expanded our reach in the lithium space by executing an LOI to purchase a set of battery patents. I plan to use 2018 to expand upon these goals of diversification and expansion.
I have been asked about Bitcoin regularly over the past six or eight weeks. At first, I was very skeptical of Bitcoin in general but I have changed my general opinion on it as a currency or investment opportunity. I have done a lot of research and have been able to talk with a number of people in the industry. I think setting up a cryptocurrency mining operation could be very interesting. I am not going to put all of our eggs in that basket, but it is an emerging industry that we would be silly not to explore as a part of our overall strategy.
There are three important things to know about LEXG for January 2018:
The final item for discussion is my intent to rebrand Lithium Exploration Group as Black Box Enterprises. This will take place at some point in the first or second quarter, but is much more appropriate given that lithium is only a part of what we do but everything we are trying to do involves innovation and black box concepts.
Lithium Exploration Group
Lithium Exploration Group | http://www.lithiumexplorationgroup.com