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Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two processing facilities: a 4,000 square feet (sq ft) lab in Denver, Colorado and a 55,000 sq ft complex in Bessemer, Alabama. The Company is engaged in a contract with multiple strategic mineral resource owners and processing brines from the Salars in Chile and Argentina, and the Smackover reservoir in the Southeastern United States. The Company’s wholly owned subsidiary is Aqueous Resources LLC.


NEO:LITS - Post by User

Bullboard Posts
Comment by Notmyfirstrodeoon Aug 29, 2020 4:23am
73 Views
Post# 31474666

RE:Housecleaning!!!

RE:Housecleaning!!!

They changed auditors, I don't see how getting a different company to do their books is going to make any difference. In fact they won't make the filing date which seems to be a theme for them. 

They are now planning to be a major global distributor, lots of people are way ahead of them there and they have shown they can't close a deal. 

Reading the posts I see a great deal of emotional attachment to this stock and people hoping something will happen and one person acting like they know what's happening but that person has proven over and over that they know nothing and just make things up as they go along. Best to write this off and plan on tax loss selling at the end of the year. If it does go up a bit and makes more sense to sell then dump it. There was a great deal of anger about how things were going with this company and I would suggest holding on to that anger and distrust until this goes to at least ten cents. It will make it much easier to sell for the tax loss in December. I don't drop hints and act like I have some inside connection I will just be brutally honest about my opinion. You may want to keep in mind that Pauly has had some legal issues at some other companies he's been at and is unlikely to be any better than Davie Do Nothing. 

Bullboard Posts