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Awesome.. Can't wait to see this!
Noquit, I don't have PM.
Yes, of course I saw that Red Chip report. How do you think I got so excited about my investment?
I'm not sure what you are going to accomplish speaking to the people I also invested with. We all knew it was a risk.. but never did we think Troy would dilute this thing to this point.
It sucks, we all lost lots of money.
Not really. Everyone knows this stock is a joke.
Bleed baby bleed!
I say HECK NO
What is that?? $2,000..
LOL
Get used to the dumping. Didn't you read the 10k. Millions upon millions of shares given to contractors at a fraction of today's PPS. If I were a contractor who did work for this company, I would be dumping as many shares as I can right now.
Looks to me like nobody is buying buddy... let the slow bleed continue.
High volume sell off today.
I see 0004 and possibly lower in the future. Can't you feel the slow bleed of sellers? Ahhhh, I love the smell of napalm in the morning.
Grow up guy. You are in a world of hurt if you have any faith in this company, this stock (even if you play it like a penny), bla bla bla. You're done for buddy. Good luck.
No Volume in 45 minutes of trading? What's wrong.. people get Left Behind?? LMAO
Major sell off by some of the company's "Consultants" probably.
Not its all that it's cracked out to be. I used to be an Accredited Investor for this company. See the people like me who helped launch this company never were offered stock at a discount. In fact, we bought in at $1.50 per share (Before it went public). Then, as the losses added up, Troy came back to all of us, offering discounted stocks (not like he is now), but still in fact, discounted. Then he did it again and again (a total of 5 times with me actually). And stupid me, I agreed to "Average Down" every single time. Now where does that leave me? In the hole $35,000. He's a loser CEO, and has no clue how to jump start sales, marketing, or a sustainable business plan. We will watch this stock price bleed to death a slow, painful one.
Wow, that was right on the Money.. Greedy!
Sorry InforCash.. No deal with Target. There never has been. Maybe online, but nothing in stores, and there hasn't been any PR announced about any new partnerships with any of the Big Block Retail outlets. We don't even know if Walmart is on board for this Christmas season.. And I wonder why there hasn't been any PRs about a REORDER? Not even once during Christmas did they re-order product. I'm just saying.....
That's a HUGE RED FLAG....
Does not look good.
You will be burned. GUARANTEED.
Troy doesn't know how to build a giant.. Please!
oh, so there would only need to be 120 million + shares to be bought for it to move? LOL
It's never coming.. It's a figment of Troy's imagination. Do you think some "entity" would be dumb enough to give LFBG private equity based on their historic losses and inability to manage expenses? PLEASE!
I'm not here to invest in this stock. I already did that for the last 4 years. And it's got me nowhere, along with a few hundred other original investors. ALL OF US have lost money, thanks to Troy the Diluter. His lies, his poor management, marketing skills, CEO skills are evident in his inability to perform and sustain a strong PPS. I said I would buy more if it his 0003, which it never did.. so I didn't get back in. Maybe I should have. But I don't have a crystal ball. I can assure you this wont be the last "run" or the last crash of the price.
You and the rest of the suckers who bought into this hype better hope so! What we know about Troy is that he DOESN'T know how to market.
Finally getting to read the 10k..
Here's some "highlights"
Why so many "returned games"??
Cost of games returned to distributor $130,478
Cost of games returned to distributor $2,076
Payments to marketing consultants have decreased over $4 million. Ok, so what's that tell us? Those marketing "consultants" are holding over $4 million in shares that they will slowly sell off, as their restrictions lift. = MORE DILUTION
We reported a net loss of $5,487,843 for the fiscal year ended March 31, 2011. = OUCH. Even with "record" Christmas sales, this is how much they've lost.
I wonder how they plan of tripling or quadrupling their sales this year.. That's the only way I see them turning a profit. And that brings me to another point. Didn't Troy say they had a profitable quarter?? I don't recall which one that was.. but the numbers speak for themselves.
that's a BIG "IF".. Modessa can't be validated. Has anyone found any evidence that this entity even exists? If it does, then who are the partners? Can or will we be able to DD on them and what they've invested in the past?
I'm starting to think this might be a figment of Troy's imagination.
Looks like they are coming your way. LOL
You must be new here... LOL. Pretty much standard for him for the last few years.
And none of you wanted to listen to me. Of course he knows how to kill a stock price!
Everyone is BANKING on these filings to be GOOD. I am betting they aren't as good as people are hoping. And even if they are "good".. will the market and investors believe it's a good sign? Too many times in this stocks history has the good news resulted in a decline in share price.
Pretty much non-existent today.
Let the slow bleed begin! See you back at 0005-0006... or less. Troy the Diluter is back at it again..
AGREED
No chance it gets anywhere near 0.01.. now the share structure is double what it was last year. Good luck with that.
Unfortunately, history tells us that every time there has been "GOOD" news, the PPS has dropped. Also, in recent history, every time there has been "good" news, it's been coupled with "Not-So-Good" news. Go back, fact check. It's the truth.
Old NEWS?? 15 days old. Yep.. totally dated and the company has moved past it. LOL
More quotes from Troy:
"We may find ourselves forced to increase dilution because an investor’s risk has become significantly higher. And with more dilution comes the unfortunate consideration of an increase in authorized shares."
Anyone happen to read this part of the 8k?
"But as a result of this government interference, we have:
- been unable to pay important vendors which is expected to result in significantly less sales this next year."
I wonder if that important vendor is their distributor?? No pay the guy sending out the games. No money for the company. Kinda scary.
Let the bleeding begin!
If I were you, I would be praying for him NOT to open his mouth.