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I don't think many people seriously believed there would be an audit anytime soon - LDSR is what it is, a Pinkie that has a lot of play in it. As a company they have some things going for them but no one seriously takes any notice of the hype or the equally hyped bashing. As with all companies, do your own DD and ignore any bashing or hype - each is equally dangerous if you take note.
Not really sure why people get so emotional on these boards - it's a pinkie - THAT'S IT!!! Now if it were BRK or GE or GOOG or a serious company putting out stuff like that and attracting the kind of bashing these companies attract then I could understand some of the reticence but it's not and you have to accept all the crud that comes with this kind of a stock and let it roll off your back.

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Rather than neglecting to put the full name in their releases, I suspect LDSR credit their investors with a little common sense - no-body would have missed that one!

Yes - an audit would be really nice. It's frustrating they can't give out reliable information about when it will be out, but not surprising considering this is only a pinkie. If they want to uplist, they will have to get a little more organized - nonetheless, there is still much potential in LDSR

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I certainly hope so - your prediction was that the audit will be out Wednesday - I really hope you are right. Either way, I hope it is a good week for LDSR and we all make some $.

I am a huge LDSR supporter but would like to know exactly what facts you are basing your claim on. Is it mere speculative hope or has someone who has the authority to speak for the company and the audit told you this?

Agreed - and I didn't totally resist selling - I made a healthy profit and am gambling on the last few million - will either pay off or I walk away with the profit I've realized. Funnily enough, LDSR was one of my 1st pinks as well - certainly made me want to invest in a few more!

I agree - there has been a LOT of hype regarding LDSR - $10, $20 & $30 are ridiculous figures to contemplate - the next level for this stock would be pennies and it is impossible to tell what (if anything) would come after that as it is a whole other ball game at that point and pointless to speculate.

I bought in at 0.0001 and am holding as I believe it has potential - we'll see - I'm certainly not going to judge anything about the audit before the time-frame given has run however, I do feel sorry for people like you who seem to have bought in without really understanding the risks and expected this stock to be something most of us did not expect it to be - i.e. a fast-paced high mover.

Interested in who you think is buying it down?

No but IMO, many MM's buy small lots then follow with larger lots (these were) in order to take the price down and decrease confidence in the hope more people will sell. I think pretty much everyone agrees that when the audited figures come out, LDSR is headed for a pretty substantial run therefore, makes sense to me that MM's are trying to push down as hard as possible before audited figures come out - all IMHO - GLTA the LDSR faithful!

MM's are at it again - 2 sales of 5000 shares only - obviously designed to bring this down

Interesting day for LDSR

...and you know that as soon as Landstar's audit comes out, these same people will be complaining that it was done too quickly and therefore isn't accurate. Just another tactic!

Thank you - That gives a really good idea about what is involved and how much value and legitimacy will be added to LDSR once it is completed.

I agree - I do think that bearing in mind the current economy and what this company does, it is poised to move up at some point. HOWEVER, IMO this is definitely one of those 'be patient' companies! GLTA!

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469 shares at 0.0023! That's $1.08 plus commission!

What the heck???

Exactly - well said. Time will tell what LDSR's real potential is and then one group will have made $ and one group will look as if they didn't do their DD and were making ridiculous claims - let's re-open this conversation when this has all been sorted out.

Hopefully LDSR will close up for your birthday!

L2
interesting

BUY = 2 @ 26
1 @ 25
1 @ 21

ASK = 1 @ 30
1 @ 33
1 @ 34
1 @ 36

NITE at 33 on ask

FYI - on the ASK side, ETMM's position is $100.05 (yes, one hundred bucks!!!) Now that seems hopeful!!!!!!!!!!
(actually they now have a .0032 ask but before that was placed, it was $!00)

Seems more hopeful on someone's part than anything else!!!

Thought the ask gap was interesting

L2

Ask =
1@32
2@33
1@37
1@45
1@56

Bid =
4@31
7@3
1@0.0001

Ask = 3 @ 32
1 @ 33
NITE @ 35

BID = 3 @ 31 (INC NITE)
7 @ 30
1 @ 0.0001
then no more

I'm out for the time being! GLTYA

2 ask @ 38
3 @ 39
next is 44

4 buy at 37
3 at 36

NITE & ETMM top 2 buys
ETMM
AUTO then
NITE on buy

No - not true - if their advice was that a Canadian suit was unenforceable then they would prefer a Canadian venue and not bother to defend.

If that is the case, the issue revolves around whether a Canadian judgment is enforceable. It is common practice not to spend $ defending something the defendant believes is unenforceable.

Agreed! GO LDSR!!!

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iHub did NOT complete the necessary steps for removal from Canada. They may have verbally challenged but there are no filed papers for removal (you can check this on either Lexis / Westlaw or with the court).

Now I am happy to agree that they may not have challenged because they thought any judgment would be unenforceable (my point all along) but, IMO, the law will not necessarily immunize them in FL. For all the reasons previously stated. It is by no means clear that 949 will be invoked with success.

J

Unfortunately you do not appear to understand that by not requesting a change of venue, iHub basically agreed to Canada as a venue. Undoubtedly a strategic decision because they hope a Canadian judgment against them will be harder to enforce. It may be harder to enforce but not impossible by any stretch of the imagination.

No one is saying they are - what is being debated is whether any judgment could be transferred to the US then enforced by a FL court - keep up

You seem to be very confused re. what constitutes a proper venue - Canada is a proper venue for a Canadian Company or any company that can establish Canadian JX. Plaintiff basically gets to decide venue and it is the Defs right to request a change of venue. iHub apparently prefer a Canadian venue which is their right. They may feel that a judgment is less enforceable from a Canadian court.

IMO, If they really believed the suit was meritless, they should have moved venue to the US and got it dealt with in a timely fashion so it was out of their hair. Apparently iHub weren't so confident to do that.