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Re: ratler3311 post# 2564

Wednesday, 02/22/2017 3:23:16 PM

Wednesday, February 22, 2017 3:23:16 PM

Post# of 7280
Don't know Rat, I monitor the Bankruptcy court and some findings give me hope but from the first time I invested in LTC 1999 I have seen many times politics entered into the courts actions and it was never good for us small investors. I'll give you an example in 2000 LTC CEO was Dave Cade and the mjority shareholder was Neil Bush. Dave Cade issued a SEC filing stating that all options and warrants that were held would be reduced to .15 cents if the insiders were to exercise the options and warrants they held.

When Dave Cade issued this executive order the share price of LTC was well over a dollar a share. This told me that to justify Dave Cade executive order that price would have to come down to .15 cents.

It did and right after that it went back up to well over $1.00 a share I believe it was around two dollars. The CEO Dave Cade made millions on this one maneuver. I made thousands of dollars betting on it. what it told me though was that LTC was not in the business of manufacturing batteries but was more into manipulating the stock and business for personal gain.

My only hope is that they don't corrupt the bankruptcy court finding like they did the last time they were in court before Judge Analisa Torres where she closed the case even though she had documents showing that they (LTC) were money laundering the licensing revenue. One document that was from a Dutch consulting firm detailing how LTC could hide the licensing revenue so it would show up in their SEC filings as a "Loan" not revenue. To give you some idea what it meant for us that's how LTC has over two "Billion" shares outstanding it was all from converting licensing revenue into loans in their SEC filings.