From his twitter account: ..................... LX Ventures Update Just a quick update for everyone on LX Ventures (TSXV:LXV). Today has been a busy day. This morning it was announced that the company had retained a new IR group, are raising another non-brokered placement and that I resigned from the board. Today wasn’t a good day to read the stock forums…ouch. To quell any conspiracy theories, I wanted to put out a bit of a statement: There’s no drama. No animosity. No back stabbing. LXV was a shell company that I had in 2012 (then called Intensity Corp) that was in the need for a new business in something other than another resource venture. I had a vision and sought to build a team and a plan to launch a publicly traded technology incubator. In my extensive rolodex, I was lucky enough to know a few people connected with Mike Edwards. Over some time of getting to know each other, we identified an opportunity to build something together. Mike is a gifted investor and business builder in the startup software technology sector. Recently, I thought it best to move on and bring in some other expertise that could get the message of the LX Ventures opportunity in front of some new investor networks. As some have pointed out, I am a generalist and not a tech specialist…the LXV opportunity needs some specialists involved to kick open some bigger doors and this is being addressed. Just as LXV are iterating the Mobio platform on a daily and weekly basis, the Company’s management team are doing the same. Just to address a few points directly: * This was a planned resignation and not a firing * There is no animosity and I wish Mike Edwards and the whole LX Ventures team nothing but continued success * If you get the chance, please meet Mike for a coffee, lunch, run, bike ride or ironman…I guarantee you’ll learn something * I am happy to be a shareholder and did not pound out my stock in a childish manner * I feel honored and lucky to have been a part of the founding team * Look deeper into the Strutta and Copper acquisitions, ask questions, meet management…more info needs to come to light about these companies * Upon founding in late 2012, approx. 22M shares @ $0.10 and 11M warrants at $0.30 were issued * Yes, I have a new vision and will be assembling another talented team in an entirely different sector