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stervc

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stervc

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Re: Major_Bankz post# 69

Tuesday, 10/20/2015 12:32:52 AM

Tuesday, October 20, 2015 12:32:52 AM

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Major_Bankz, with this LNCMQ strangeness...

I agree that such was strange, but strange in a very good way. IMImobile is a $8.1 Billion+ company. They could have just acquired the assets of LNCMQ and allowed the stock to just cease to exist or trade. That's what you normally see in these bankruptcy cases with a stock.

Not here with LNCMQ. Instead of ceasing to exist to where the equity gets wiped out to be worth absolutely nothing, IMImobile acquired/bought 100% of "all" of the Issued and Outstanding Shares of LNCMQ.

Because of such action, I am strongly inclined to believe that IMImobile truly must have a plan for using the public vehicle of LNCMQ trading within the US Markets. Patience could transform into something very lucrative.

v/r
Sterling


Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516

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