Yeah, too bad they sabotage their stock by refusing to give out any info. Notice their stock is not mentioned in the article.
I owned some LANZ (pure speculation) in the past but sold it when it bumped up.
I had one stock I bot in Feb of 2018 that I bought 50k shares of - pure speculation - at around .03 cents after tracking it for years. It was like LANZ -- had website and seemed to be doing good business but no info to shareholders. I emailed them for info and ZERO response.
In November of the same year they were bot out at .22+ cents per share.
Trust me, I know dark companies that should be trading at a multiple of their stock price --- not by just guessing either. I have one I'm accumulating that is trading at around half the value of its cash and 1/6 of its book value.
This could be a buy or a sell here depending on what their balance sheet looks like. It could be worth 100 xs the current price, or it could be worth ZERO.
I've had companies that were dark that had (at least from what I could see) promise. One recent one had its form 15 filed, so no worries of delisting. They had assets too. BUT. the CEO did not pay for a transfer agent for over 6 years, nor do the records himself --->
So I was sent a letter from my broker that said:
Pursuant to DTC's Destruction of Non -Transferable Securities Certificate Program, we have removed these securities from your account and are providing this notification as your receipt representing the shares.
Thus went around 275,000 shares (just under 10% of the company) into oblivion. (I think I have the CUSIP)
I suspect that the CEO did this by design, but don't have proof.
Oh, and just so you know I have at last count 84 stocks that went to ZERO, were delisted, show as bonds, or CUSIPS, in various accounts. The paper profits --- not cashed on these before whatever happened that took them to zero --- is in 7 figures. I've paid a little for my education in the DARK, GREY, PINK, pennyland.
So, If I get ZERO financial information then I relegate the stock to pure SPECULATION.... and for me that means I may lose every penny I put into it.
Hope you make a bundle on it. If it dips back into the teens I might consider picking up some shares. I have it on watch. I've set up a news a alert for it
Every now and then I buy a few shares of dark company P P M D with profits. They've been dark since 2004 but I think sooner of later the CEO is going to retire or sell out. Pure speculation. I don't know is the OS is the same because they would not give me any info when I called the company -- not even the transfer agent.
These dark companies can present some pretty good opportunities. I don't own any shares of this one but I did call the company once to make some inquiries --- with absolutely no co-operation on the other end.
However -- the same thing happened to me when I contacted Massive Interactive. Their ticker was HUGE and I bot shares as low as just under .03. Then about 10 months later (after about 2 or 3 emails to their company that went unanswered - they are in UK) the company got bought out for .22 per share. Sometimes when their dark that is the best outcome. I've had some do very well, others not so well.
I did notice this review from last year from this site
Implementation of Company Goals and New innovative products to boost sales. Senior Accountant (Current Employee) – Vista, CA – July 25, 2018
Lancer has a dynamic staff and customers.The executive team needs to put in place quickly:Financial Goals,with new innovative products to boost SALES.
Pros Great Customers and Staff and a Name with Longevity