LBTF answered my email very fast:
I asked if they knew their PPS slid off the table, and what they plan to do about it.
Dear Dark,
If you were watching the stock market yesterday and namely LBTF stock you most likely noticed our share price plunged from $0.51/share down to $0.02/share. This may have caused some of you anxiety and for that we want to apologize, however this is actually good news. You may have also noticed the volume of shares traded today exceeded 5 million shares! This is due to our IR campaign which kicked off today. Due to SEC rules we were not allowed to give any advanced notice to shareholders. The purpose of today’s trading was to increase the volume of trading and to also shore up the difference between our Ask Price which was 0.50/share and Bid Price of $4.00/share. As you will see they are now much closer together and hopefully will remain close from here on.
This was just the beginning. The volume of trading being generated will benefit you in the near term as well. As you know prior to now due to the very low trading volume just a few shares traded in the open market caused huge swings in the share price. Now with the higher volume, if you wished to trade some shares in the future it should not impact the share price as much if at all, depending on the volume traded.
* As the coming weeks progress you will continue to see large volumes of trading continue and we are being told by our team of expert advisors and analysts to anticipate the share price to increase in value over time. So please be patient and feel confident knowing we have some of the best people in the business working with us in this endeavor.
If you have any questions or concerns regarding this matter please feel free to contact me.
Sincerely,
Steve Haase
Le Bon Table Brand Foods Corporation
(888) 229-1030 XT 81
Don't feed the sharks!
