Alternet Systems, Inc. (OTCPK:ALYI) entered into a letter of intent to acquire Sonic Cavitation technology assets of Lithium Exploration Group, Inc. (OTCPK:LEXG) on January 17, 2018. Completion of the transaction is subject to finalization of definitive agreements between Lithium Exploration Group and Alternet Systems and approval by SonCav. Alternet Systems, Inc. (OTCPK:ALYI) cancelled the acquisition of Sonic Cavitation technology assets of Lithium Exploration Group, Inc. (OTCPK:LEXG) on January 17, 2019.