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It seems by the silence as if the company has gone to pot and management has abandoned this. I guess their online store didn't turn out. It hasn't been visible for a few months now.
This management unfortunately has never seemed to know how to build a legitimate business but has gone after junk industries imo. Wondering when new management finally comes in? How much longer for Joe until he sells? Must be a matter of time now imo
Thats why I am curious if anyone is running lvgi anymore. Not a peep.
I am curious if anyone is running them company. There hasn't been a peep from management in months. Now trips are here as predicted. Took longer than expected but they are here. Unfortunate
Curious if Devon and Joe are still running this company. Curious what happened to their e-shop venture or if it is even running.
Another 20M shares added. Won't take much dilution to wipe out that bid.
I am curious if anyone is running lvgi or management finally gave up. ?? Imo
My goodness, when the OS was 60M the valuation was around 200k. Yeah, the market considers this junk. When the pps hits 0.0008s, the MC will still be 200k imo. It's the dilution. They have added almost 140M shares since beginning of September l. It's just a share dump company at this moment imo. Management is mia it would appear
At this time, I would be surprised if management it's still even at the company. Will not be surprised if it collapses or already has. I mean they haven't updated in months and their online amazon store does not work. I mean at this point it sounds fishy.
Since it's creation, lvgi has been completely worthless. Joe has spent almost 10 years with the company and it is still worthless. Devon going on about 3+ and the company is still worthless. Even $1M in funding they can't even build a halway decent company imo. Instead they allow dilution. Easy out for all that debt. Have the market pay and leave all responsibility. Yes, sounds like a scam.
Doubt it. The only opportunity it would appear is for leonite to dump more shares to pay for the debt
Looks like they pumped just enough to offload that last debt conversion. Sad. The dilution has to stop for this to even break above 0.005. Sadly, trips already hit and psychologically will cause buyers to wait until further slide. Won't be long when more dilution is expected to be added this month.
Agreed. Would expect heavy selling going forward driven mostly by Debt dilution
Trips hit. Sub 0.001. What a disaster
Agreed. Management also appears mia. Typical for this. Dilution going to kill it imo
Ever closer to the trips. If not this week, I would expect in January when the debt conversions are updated. Only a matter of time it would appear without substantial change in the fundamentals.
Says the market and fundamentals. Not too hard to predict. Regular stinky pinky
Yes, just to get dumped on. Trips still in sight. If not before year end, then perhaps early January. However, would not be surprised if .0009 hit at least once before year end. Imo
It appears they are able to keep rokin running. But overall not much improvement from last year. They have just wasted so much money on failed acquisitions with keto and jasper. Now the market must pay for their mistakes. How much longer until this current management gives the reigns to a new set of management and comes to terms with what appears to be a lack if good business sense?
Just sad how they have run shareholder equity into the ground with the debt conversions. Yes, the debt holder should be paid back but by operational cash flow. Others should not have to pay for management's mistakes. The management that made the choices that have caused the bloated debt and subsequent debt dilutions should be the ones to pay from their own pocket imo. Let them mortgage their house to pay off this debt if they really "believed" in the company rather than "play" with others' cash and equity. Perhaps they would then make better choices imo
Another 17M shares added. Although controlled dilution, market can't sustain this since the bid is relatively thin looking. It almost looks as if management is giving up too haha! Not a peep from them. Such a sham imo
Trips are getting progressively closer. We shall see. I am still expecting 0.0009 to hit at least once this year based on the dilution and chart. But imo
Would suspect so! And more is expected to come. With over $1M in leonite debt to dilute and current dilution price under 0.0055, i don't expect it to slow down anytime soon. Appears current dilution price is 0.0018? With $1M in debt, what is that, another 550M shares at least? Probably more like 1B once the PPs drops into trips.
The stock is pretty much worthless. 151M shares now. Walking its way to trips. News has been lackluster.
Because dilution will landslide this. Why buy at the ask when the bid is wacked? Same old story here. Management has not improved and created good shareholder equity in years. The acquisitions they had made have not all been good and yet shareholders get to pay for the mistake.
Appears so. I guess another pump and dump. I guess trips are next?
Another 11M+ shares added.
Looks like this is setting up like all of the other pumps. If history proves itself, headed to 0.001 and under.
Forgot about that! And don't forget GEAR and Peter scalise
LVGI has no money. Had to borrow 100ks+ to pay for these deals only to have them fizzle out. Been here following LVGI for years. Barely anything has changed. Just more debt and more shares diluted. Would like to see a change in both business and pps. Perhaps this run has penny potential and management has more news.
Sadly true. Just has nothing to really show in 10 years.
Fundamentally it shouldn't run but perhaps the market will run this to .05+. It has a small enough float compared to other mega monsters. But doesn't take away from the fundamentals. If this were valued at 20M like some dumb pink stocks are, then this would be at .10+.
Who knows. Expected the run to fizzle out but it didn't. Could run into pennies again based on pure hype rather than fundamentals.
Perhaps this could get to 0.05 + ;)
Pump today and then dump tomorrow? Seems to be a pattern. Trips by end of the year?
Well you can keep soaking the bud as theybdilute about 10M shares a week :).. depending on the conversion price. I assume around 0.001 at this point that we have another 1B shares to go with dilutive debt in the millions?
Remote unless management quells dilution imo. Dilution will prevent this from rising far. I would be surprised at this point it even reaches a sustainable price above 0.005s. But all imo.
I just love how within a year they hyped up their stock twice for potential acquisitions and then have basically ghosted the market again. Not sure what happened to their resale shop.
They added another 9M shares this week. This is undoubtedly directly headed to trips without intervention to prevent dilution or continued lack of business developments
Keep in mind that without intervention the leonite debt renewal is this week or late next week. It is adjusted to lower of 0.0055 or 30 day vwap. Expecting then the dilution rate to be in the 0.002s or low 0.003s. Unfortunately that will continue to walk the PPS to trips which is where the price was before the RS. So shareholder equity has been reduced significantly and still no great business developments. Q3 fs will be released this month but I doubt we will see above 1M in sales for the 9 months ending. If that is the case, even rokin isn't growing. Even the online retail store front they had with amazon is gone. Taken down for being a "scam" like store front? Who knows. Anyways, we shall see. Perhaps management can get their act together and invest in reliable industries rather than the hemp industry and just stop all dilution at all pps for a while..
I would not be surprised. They have not given an update. So I think there is no acquisition. Also leonite renewal next week? I assume new conversion price will be closer to the 0.002s now? Does that mean that pps will be 0.000s next? At this point, it would be a 500% gain back to even 0.01. What a joke this has become. Management "building" a junk trunk of a company it appears. Just another pinky trash imo
Management is mia it seems. No shop on Amazon. Where or where could these management be after allowing dumping close to 40M shares in two months ?
Agreed. Headed to trips haha good job management! Building a great pile of junk from the market's perspective! Imo