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Maybe the company can get Perry to endorse the games
There's a few days grace period after the dealine, if the company cannot meet the grace period then they can request a 2-week extention.
Unlike him not answer PM's. Hope nothing bad has happened to him.
Making money is good. Haven't heard from him at all 17. His reporting about LFBG on his website hasn't be updated since 24 Jun.
70 Million? The 10K loss was $5+M.
I have yet to see any company that justifies their losses as only paper losses in their 10K or 10Q. Any company I've seen with poor profits reported in their earning reports are penalized by a sell off. Who's going to tell the investors not to worry it's only a paper loss, not to worry.
That's fine, but can you now sell those shares through Fidelity after the transfer?
I don't know google, maybe he'd be better off remaining on the pinks.
I agree 17, BUT they are also falling behind on the technology end of it, as well as having the capital available to fulfill their expensive endeavors. IMO, I really can't see it happening at this point for many reasons. I wish him well and hope he's able to pull it off.
Also to avoid misrepresentation lawsuits.
Yes, I agree, but this 10k was extensive with the negativity, more so than most.
bid is 3.2M at 01:30pm
Maybe some are confusing revenue with profit. You can have $2M in revenue, but if losses far exceed the revenue then the company is not profitable, it has lost money.
In that case google the losses described in the 10K were in dollars not paper loss. Did I misread the 10K where it stated a profit?
That's interesting. Would you define "paper loss" and also paste where the 10K reflects a company profit, not revenue, but an actual profit.
Don't forget to unplug the coffee and turn the A/C off.
Guess I missed the report that was due out today. Was it good?
I have seen R/S in 1:2,500 or even 1:10,000
I believe in LFBG case the R/S will be in the range of 1:50 there abouts if the total 10b is exhausted.
The reason why I say this is strictly for liquidity purposes.
Anything higher would bring down the O/S post-split to unreaonable O/S levels and would restrict the trading on a daily bases. Meaning it would be difficult to sell shares and restrict high volume buyers from getting in.
Now that they're a pink slip we may not see the report for a while yet. Doesn't matter to them at this point, nothing to lose.
Will PDOS be making any money at all with this movie, or is it just for recognition purposes? Something is wrong here.
It's not over until the brokers pull SFIO from your accounts, then at that point it's over.
Believe you right on that hotrod.
We just might see the ask at 9 shortly judging by the ask support at 9.
This should be interesting. Not much support at all on the ask side at 8.
What? bid total size is 7.5M, ask totl size is 15.5M.
I think just by watching the trading activity the pps remains at 6/7 tomorrow, or maybe even go back to 5/6.
NO, absolutely not PNK.
Agree 100% percent greedy.
Of course the chart will show when the stock goes up or down, but not forcast the stock's next trading direction. sub-penny and penny charts are simply not reliable for predicting the future movement of a stock.
The both compliment each other on their reliability.
lol Google5, well said.
Don't you find that a little unusual?
Good time to evaluate credibility of OTC charts. I think you might find very little if any reliability.
Just another stock dilution tactic.
Something is not right here. I expect to see the ask size increase at some point.
Have the rules changed on late filing? Wasn't it customary that a late filing stock be tagged with an "E" at the end of their symbol?
Whoa! When was that downgrade initiated? (OTC Pink limited). How did I miss that?
So these audits will be older financials and not the current financial, right?
Doesn't matter Billy, the company is still losing money, that's not good.
Look, the bottom line is making money for all concern. Investors are not interested in excuses, as many OTC companies face the same problems everyday. Profit/revs will sustain a pps, nothing more, nothing less. It's obvious there's serious cash flow problem, and the slow down in games sales certainly do not help their situation. I really do realize the problems the company is facing, and hopefully, at some point, the company is able to overcome those problems.