Thursday, December 11, 2014 11:13:10 PM
1. It was never announced by the company. It was found by a poster here who, at the time, was in the minority opinion. A lot of people here were very pro-Leonard and were dismissing anyone that had a negative opinion of this stock. At one point i think all of us realists were accused of being Mitch Bogden. Folks wanted to hear it from Leonard before believing it to be true.
2. This stock has had a long and painful death prior to the filing. This stock had been on a downward projectory for years, both before and after the reverse split. By the time it got to this point, long time shareholders had already seen over 99% of their investment gone.
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