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Is there a replay of todays CC?
I KNOW he has 3 billion!
Basically lenny has two choices, sell product or sell shares. Hopefully product is being sold.
Without lenny around to pump things up, we could be looking at .0002's!
From August 14th until August 30th, the board posting volume was up many times what it had been. Now the board is back to being very quiet.
Ink for Life was the product then. MLM in general is a losing proposition. LKEN was pretty close to a legitimate business then. Now it's close to being a pinkie dilution scam. Also, no way he goes on Shark Tank, the first thing they would do is demand he give up those 3 billion authorized shares. I think lenny would rather sell them at .0002, which would still be 600k. Let's see if he can pump the pps back to .01, doesn't look like it.
The ink business may have had a different name, but it WAS available in early 2011.
Looks like the pump and dump is over.
I never saw a commercial anyway. Fact is, commercials have to be run repeatedly in primetime to have any effect. (i.e. GoDaddy.com commercials) Hopefully SG didn't give away the farm for those commercials.
This is like, the fifth launch lenny has promised shareholders, going back to the winter 2011 Rite Aid launch! The only progress has been the progression of investor's money to lenny's pockets!
As long as the CEO is honest with us, I agree with you. I think we need more clarity re: the tv ads and the impact on the bottom line.
"The webpage software build is 45-50% complete" lenny is an expert at stringing investors along. This was a complete company when he diluted hundreds of millions of shares back in 2011. Popup ads all over the web, selling in popular catalogues everything. But business was building too slow for lenny. Basically when there's a way to sell shares or raise capital, lenny does it and grabs all the money. If he starts diluting now, he'll be at .0001 or less within 3 trading days. He has to release news that will pump up the pps.
Because lenny's only trying to make money for lenny. We can only hope for another pump before he starts selling those 3 BILLION authorized shares! Where's the money from the sale of the restricted shares?
The only way lenny gets financing is if it's death spiral dilution financing. Could he try selling some product?
I will always be amazed at the volume of posts on this board. .000 bid and all of these posts. Last pump went to .0004 can the next pump go to .001?
Anyone here really believe that lenny will pump the pps back to .04? The pps was actually .04 earlier this year. Wasn't lenny going into the hemp/weed business then? I'll admit I expect at least one more pump/dump/dilution from him before he runs out of schemes, then he'll just start dumping those 3 billion shares (or whatever's left)
Who did lenny pay to ask that question? Pump and dump dilution scam. Founder's unit scam. Needless reverse split while keeping 3 billion authorized shares scam. Restricted shares scam. What's next?
.0003 max.
No it couldn't have been lecere because this was a scam!
Problem is lenny could start dumping some of his 3 billion shares and it would be hard to see a pps over .005 again, unless lenny can invent another pump.
In the trips! Is this officially a scam now? Will the 1 year restricted shareholders be made whole @ .0033?
All of this er...promoting and the pps can't get to .005
It looks like March 2006 is the time period when the PPS reached 1.80
Hey you still around? Is anything happening here?
The PPS reached a high of $1.80 (give or take a few cents) in 2008-2009 before crashing to sub zero in early late 2009/early 2010.
It would be great if this would go back into pennyland!
It was pretty obvious that lenny wouldn't deliver. He's been basically selling stock, founder's units, whatever, to support his lifestyle. I still think he has one more pump in him.
Totally agree. Those founders checks were supposed to start gong out back in winter 2012 when lenny tricked people into investing into that scheme. We'll see if he can make the 506 investors whole. If I remember correctly, Jazz was posting copies of his founders checks!
It's been more than dilution. The founders program was a pyramid scheme. The 506 program was a shot in the dark. Lenny preys on peoples hopes and dreams. I think he's run out of tricks and will have to pump the pps up before he can dilute again. That will be our chance.
Here's hoping these commercials have an impact and longs should hold rather than sell on any spike into pennyland!
Yes. Tiger Woods pump and dump was featured on her CNBC show in early 2013.
Lenny's been maintaining his lifestyle. Hopefully he had one more pump. Not sure he'll reach penny land again. Restricted shareholders getting screwed now, down %75
At this point we're trying to out scam the scammer, lenny. He could dilute longs to .0001
I added a little yesterday. Might add a little more if it drops more. I just think that lenny has at least one more pump left. Probably more.
Yep. They're BOTH crooks!
Just ask the people who bought Founder's Units what the rate of return is when investing in one of lenny's schemes.
I'm adding at .0016 or less.
Since that's only a .00063 increase, that might be a realistic bounce. Without a strong pr from sg, we might see .0013 again. I'm looking to reload anywhere below .0017
That's great news. Actually my question was a little bit tongue in cheek!
True, I haven't heard AOL mentioned in any type of media in years. Are they still in business?