Rumormill.....

Anyone else hearing Lon Stone and Frootie are coming back?

Lym-1 and Lon forever!!!

They were delisted because there was further inquiry needed as to the business of COUV. Any inquiries seem to have been explained to the satisfaction of the SEC.

Right now they are a shell company. The company will be merged with Carbon-Ion., when/if they file their Form 211.

All about risk-reward at this stage. They have gone further than any other delisted pink to grey company that I've seen in my 30 years of investing.

Remember this was approaching $1.00 before the SEC notice.

Where is he?!?!?!? Do I have to check Raging? That guy rocked it!

Ahhhhhhhhhhh the good ol days where the mahogony tables ruled the day!

Yes, good to hear from you!!!!! After all the reverse splits in the past, I've stopped really looking at this as its really not a part of the portfolio anymore. But I'm glad for the old faithful here!!!

Frootie believes so too.

Lon Stone buying this company?

Yes, its moot now. SEC questioned them about patents and it was confirmed they had MORE patents than stated. Moot.

WIth regards to the patent issue, it was actually found that there are MORE patents than those listed there. So that point is moot as well.

Alot of SPACs getting hit today. Nothing has changed fundamentally. A big flush of day traders in progress.

Playing warrants on the undervalued spacs.... OPESW, LCAHW, DMYT.WS

When compared to Shake Shack and other comps, OPES is hugely undervalued IMO. I'm loading warrants.

What time frame are we looking at? Post merger?

Nice news out now!!!


https://www.wfmz.com/news/pr_newswire/pr_newswire_entertainment/louisianas-coushatta-casino-resort-partners-with-rush-street-interactive-to-launch-social-gaming/article_26f0a927-f86c-55e5-a0aa-4066a9958fbd.html

DMYT news.

https://www.wfmz.com/news/pr_newswire/pr_newswire_entertainment/louisianas-coushatta-casino-resort-partners-with-rush-street-interactive-to-launch-social-gaming/article_26f0a927-f86c-55e5-a0aa-4066a9958fbd.html

Mine shows as DMYT.ws on Etrade.

All about IGaming/online gambling industry in first inning. LCA and DMYT.

Agreed. Draftkings is a marketing machine but they are doing so at the expense of their bottom line.

It wont be on the PRE 14A because they need to get SEC green light or no comment before doing DEF 14A. If no comment in 10 days, they can file DEF 14A which will have the date, most likely 10-14 days after the filing for the vote.

I begin a nice position in the warrants to day between $1.80 and $1.90. I am in heavy in LCA and now developing a position here.

Impressive presentation and I love the fact there will be zero debt upon the merger. I am starting a position here.

Pretty good quarterly report. Not a single post.

Just further validation that online gambling/igaming will be here to stay and grow exponentially. Right now revenues are from 1 state....eventually the entire nation will have it. Tax base too large for States seeking tax revenues to deny.

Same will happen with MJ. Taxes revenues are needed.

They will trade freely until they are actually called. No actual price locked in.

I just keep accumulating here at the bottom of the channel.

I keep adding warrants. I just bought another big chunk. People dont understand difference between iGaming primary vs sports betting.

This selloff is due to baseball's status and is due to lack of knowledge of investors in what LCA does.

THIS IS IGAMING FOLKS, NOT SPORTS BETTING SITE FOR THE MOST PART.

In fact, there will be people who can't bet sports moving over to play online casino.

A total gift here on the dip IMO.

If they are redeemable at 11.50 a share, and they cannot be called until the stock is trading over $18.00, and then give a 30 day period to redeem.
It all depends on how the stock behaves after it goes over $18.00.
If it rockets, I would hope that the warrants would be $10-$12 or so before being called and due. At that point, flip them into call options or the stock itself IMO.

Yeah, consolidation/retracement day.

Need a catalyst for next level. Let's get this deal closed. Then the news should begin flooding in.

The closing needs to get done. Then the announce that they've already hit their year end predictions at the end of June. Then bang out expansion on Michigan and Pennsylvania.

This quarter #s....................

https://www.statista.com/statistics/1045766/cannabis-store-sales-canada/


I have to believe this quarter had significant higher sales than last quarter from this chart for the industry as a whole.

If the others are posting declining revenues, then where is that increased volume going to?!?!?!?!!??!?!

Fingers crossed for a BLOWOUT quarter.

We already know we've cut expenses this quarter so profit margin has to be stellar.

Gambling ETF purchasing LCA. Good news.............

https://finance.yahoo.com/news/sports-betting-etf-adds-fertitta-214746640.html

Huge win-win situation here...............

Sports happen............... our betting revenues go up

Sports dont happen .............. our online casino revenues go up

So many competitors are missing estimates yet the Canadian data was showing that usage was up. So if all competitors are down, is it safe to say that we are up????? I believe APHA has been gaining significant market share over the past quarter and praying we get blowout numbers here. If this sector had even an ounce of love, we would be trading at $10 right now.

They do not automatically convert. Company has to call declare them convertible. Can only happen after trading over 18.00 for 20 days. I will have to look up but company has to actively call them due. There is also a 30 day notice period for the redemption. Also can't call redemption for 30 days after merger is completed.

Yes, that is what I'm saying.

Example:

Warrants give you right to buy stock at $11.50 a share.


So, once this gets to $15.00 or so, the warrants should trade penny for penny with the stock.


If stock went from $15 to $20...you made 33% on money.

Warrant would have gone from about $4.00 to $8.50.....you made over 100% on money.

I have been buying the warrants in order to leverage gain. They kind of act like call options. The only problem with warrants is they will get called after a short period of time if the price stays high.

I suspect we will eventually get there, but let's get there slow and steady with a strong chart and financials.