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Think about it. You could bring a suit and negotiate a settlement, if the two companies really want to merge. Easily done too.
Thanks again!
Thanks, it was twenty years ago I learned my lesson.
Think of LAHO as a casino slot machine. You were on a roll and kept your money in the slot machine and you kept playing thinking you would hit it big. You kept playing, until your money was gone. Now it's time to leave the LAHO slot machine, and you cannot understand why you played all that money out and did not leave, when you were ahead. That money is gone, unless the casino host comps you big time for your losses. Walk away and come back in a year. Nothing is going to change. Been here and done that. It is never easy to walk away, but it is the best thing to do.
That is not true sir. Can you wire your money out of your brokerage account? NO, your money is gone gone gone.... and not until some day in the future of uncertainty will you or may you recover, but for now...you have nothing but a marker in your brokerage account. Zilch nada
Does not matter, they could stop the merger in it's tracks. If I lost a ton of money, I would want some pay back for sure. One could negotiate a settlement, if the two companies really want to merge. Easily done too.
Anyone who is employed at GSGC could initiate a suit and you could stick a fork in this merger. Too many things can go wrong more than they could go right. IMHO
If a suit is initiated, I would imagine LAHO will end up in court for a long time. That would mean a merger, with GSGC will never happen. Don't hold your eggs in one basket expecting them to all hatch. FYI imho
Has anyone heard, of a class action suit against LAHO or GSCG being filed yet? I am sure someone lost a ton of money and is not happy, with the swift events that lead to the delisting of LAHO in record fashion. There is usually a lawyer waiting in the wings. Waiting on the hammer to drop on this one. Damage control so far by the company. Always worry, about statute of limitations running out. Matter of time now imho.
...we can confirm that we are the auditor of record and have been engaged to work on the audits of Lans Holdings... Thanks for the update, but that does not tell me, if they are actually working on the filings. Easy to say we are have been retained to engage on the audits, but is there actually any work on the filings being done?
That is an important difference. This a merger and not a reverse merger. Also, a reverse split is not something bad for a private company like LAHO. They are not trading. Once the merger happens (possible), a lot of changes in LAHO's business structure would occur. Actually, share structure will have to change, with a fresh start trading publicly again. The merger will see to that. imho
Sorry, if LAHO trades publicaly again, the AS will shrink because the company will have to sell shares to operate and expand their shareholder base.
1:100 LAHO reverse split, if merger successful!
I would say, if you are going to stay with the merger, you would, in my opinion sell as high as you can and then buy back at a lower price. This would undoubtedly gain you more shares for possible future appreciation. Say, sell LAHO at 0.0004 or 0.0008 and then buy back at 0.0002 or 0.0001.
CSCG gonna be window shopping again for a public merger. Hope they learned their lesson. I would not be so ready to invest in that merger. They do not seem to know how to pick a good candidate. imho
There's really no need to file an 8k now. If the accounting firm did the 8k work, wonder if they will get paid now?
Looking at old filings and the 8k this year what is LAHO address on file with the SEC? It appears that the 801 Brickell, Miami, Florida is their executive address LAHO used on an 8k back in January 2017. Registrant’s telephone number: 305-755-7451
The lastest address and phone number on the 07/29/2019 8k/a is
801 Brickell, Miami, Florida 33133
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: 305-755-7451
From the SEC complaint: ...On March 28, 2019, the Commission’s Division of Corporation Finance (“Corporation Finance”) sent a delinquency letter to LAHO requesting compliance with its periodic filing requirements, but LAHO did not receive the delinquency letter due to its failure to maintain a valid address on file with the Commission as required by Commission rules (Rule 301 of Regulation S-T, 17 C.F.R. Section 232.301 and Section 5.4 of EDGAR Filer Manual)...
https://www.sec.gov/litigation/suspensions/2019/34-86883-o.pdf
What is LAHO's valid address, if it was not the address used above for previous filings?
Do not use Market order, if you sell LAHO on the first trading day on the Gray Sheets. imo
Here is some advise offered by this website on first day trading on Gray Sheets.
I do not own an interest in this website. This is for FYI only.
When trading resumes
Once the suspension expires, the formerly-suspended stock will reopen on the Grey Market. In most cases, it will trade on the first day, though issues that were illiquid before the action may not. In our initial scenario, I described a hot penny that had attracted a good deal of attention that resulted in heavy buying, the kind that would see interest right away.
Its first day on the Greys will not be heartening for anyone holding. Normally the first trade will be executed shortly after the bell, and will be a lowball. Very low. It may take the stock down as much as 80%. Very likely that the person who ventures that initial trade has entered a market order. Don't be that guy. Wait to see what happens in the next couple of hours. Usually the price will tick up a little. But you still have a problem: you're trading blind. There's no Level II, and no bid or ask. You need to decide what offer you think will be accepted. You'll be able to see executed trades as they happen, and they will give you an idea of what range you should try for. Trading is likely to be extremely volatile, but by the end of the session price will be sharply down; a loss of between 60% to 80% is common.
When a very active stock is suspended, MMs are trapped along with traders. If they've been selling naked to provide liquidity, they may be left with open short positions. They'll want to cover as soon as trading resumes, and therefore will be buyers. Do not, however, imagine that those short positions will be gigantic; they'll only provide a brief window in which volume will be high. So time your exit accordingly. Once they've taken care of themselves they tend to lose interest.
The stock may rise a little in the week or so following its debut on the Greys, but if as it does so, volume will decline, making fills more difficult. It's best not to wait too long, and lose your chance at recovering some of your investment. After weeks, or perhaps a few months, price will plateau for awhile, as volume continues to drop. In the end, liquidity will dry up entirely, and the issue will trade only now and then. Price will drift down slowly. http://promotionstocksecrets.com/the-sec-just-suspended-my-stock-now-what/
Sure there is a play, when LAHO trades on the Grays, if one is willing to take the risks. I am sure that lots of shares are going to be sold. Buy at the lowest possible price and sell to those buying at a higher price than you to flip. imho
You know, I would guess that the LAHO filings and resultant merger will continue. Otherwise, and this is just conjecture, the appearance of impropriety would lead investors to explore a class action suit. Even, without the filings and merger the possibility, of taking legal remedy is there. Not sure what monies would be collected and that would take years to resolve, imho.
One way or another, one or both of these two companies will be hard pressed not to release info for investors to digest, before the 20th of this month. Again, in my humble opinion.
Here is my advise. Don't be the last to sell. There might not be anyone to buy your shares.
I would sell. SEC terminated this deal. Anyway cannot trade for awhile. The answers you need to sell will be apparent in the days to come. imho
Global Stem's logical option is to back out, of this merger now that LAHO is going to the Gray Sheets, unless Global Stem wants to operate under the radar.
Trading LAHO will last a few days on the Gray Sheets. Lots of shares to sell. I would imagine that there will be buying and selling. May be you can get 50%, but more likely 25% or less, imho.
The merger is most likely dead, unless the companies go dark on the gray sheets. Company(s) Silence will be your best indication on whether to sell on the Gray Sheets. Put your orders in early. I would call my broker to sell at best market price if possible, but that is just my personal decision. Hard to know what best price will be as there will be no quotes.
Ok, I'll sell half at 3 cents the other half at 0.0005 cents. Yeah, that will work out. Probably not!
It saddens me to think, of the people who spent 10's of thousands of dollars investing in this stock. Five or ten thousand is not a lot, of money for me. I gamble that much at the casinos in a month or two. The hype is always there and the risks are great. Just pull up yer drawers and move on to the next hyped up stock symbol. Remember, not matter what you may think, the SEC most often has the MM's back.
Caveat Emptor!
How do you pump and dump, when you have no shares to dump?
I guess this means no more Clay Trader analysis. Dang!
LAHO could be a penny or five cents per share, once the September 8k is released. To me the real deal is what will LAHO trade at, with a 20 to 40 industry specific multiplier, once the merger is done?
Once the merger is done, I see no barriers for share price to appreciate upward. I am holding for silver and gold. No reason to sell for pennies, when LAHO is going trade 20 to 40 times.
If LAHO reaches a penny, before the 8k filing this month, I believe a move upward to two to five cents a share will be immediate. Followed by consolidation, LAHO moves toward the next parabolic move which will be amazing as October finalization, of the merger becomes a reality. imho. September is traditionally a down month for stocks, whereas October is bump-up month for stocks. The January effect comes next as investors buy, from the first trading days, of the new year. LAHO merger is peaking at the right time, of the year imho.
Cheap shares...LAHO worth pennies without a multiplier. imho
I see a MM at 0.0053 How long, before LAHO gets there today?
600 + million shares traded possibly today.
Going to be a fast LAHO ride up. Heads are going to spin on this move to a penny and more, imo
Bid and Ask thinning out nicely. MM needing shares. Bid side larger lots.
LAHO Volume is off the chart. News must be near! Get ready for a massive parabolic move in my opinion.
I'd guess an 8k PR is coming soon. One that tells us the merger is a pretty much a done deal. Just waiting for the merger hammer to drop.
You can just see the pull on the LAHO ask. 0.004 up quickly imho
LAHO Shorts are, about to be squeezed. Volume coming in and shares are being locked up. Time to pony up those LAHO short shares. MM need those shares back. Yep some people are going to get squeezed.