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You are in no way concerned about the past performance of the officers of this company?
This stock is going to hit "dollars" and be worth multiples of 7B? I don't think so. C'mon, let's be realistic, for the sake of intelligent discussion.
That's an interesting sentiment. Would you please explain to the group how the debt is going to get paid off in 2016 with no profit? In order to "rock", that is.
this ride to the moon sure is taking us on the scenic route, eh?
I feel this statement may be premature. To state, with no ambiguity, that all weak hands are out and that the 3 day pps drop is a good indication of future performance is misleading at best.
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I feel so stupid, I'm sitting here in my NASA shirt at work because I was told we were going to the moon today, what a disappointment, although I had a suspicion we weren't going to the moon since we didn't have a vehicle to take us there.
That's why he wanted to be self insured for workmen's comp?! So he could screw the employee and have less exposure? Am I understanding that correctly?
Its so obvious, its incredible that there are those who fall for it, every time.
back to no bid soon
Then.....
RS BK on the way in 2016
Decreasing share price on decreasing volume for the last three days
You are correct on one point, the pps languished at trips for months. Sometimes dropping to 0.000001! there has been no organic "climb" out of the doldrums, the CEO artificially inflated the pps by manipulating the market, an easy thing to do when there is barely any volume. Welstad is not on the board of directors, Schady is not able to retain talent for a proper BOD, so he created an Advisory Board, as in "non-binding" And finally, no you are not up 800%, that would mean the pps was 0.0008, which it is not. And no, there will be no 0.0008 close.
That's just darling. Another term associated with "activists" is "corporate raider". Seriously, look it up. Trust me, you do not want to trust your money to an activist, if that's truly how you view him.
This is what happens when you manipulate the stock price by buying up shares that no one else was in line to buy. It is artificially raised for a short time, but if Ryan doesn't continue to push up the price, no one else is going to do so in his stead.
BOOM! You called it. I guess the dump has started
This, exactly this.
exactly
I didn't accuse you of being ignorant, I said I found it curious that you would want to "agree to disagree" about facts that can't be refuted.
Ok, but I find it difficult to believe that a rational thinking person such as yourself will publically disagree with facts. These facts being:
The company has never made a profit, in any year of operation, none.
The company owes millions of dollars in convertible notes, yes, they are still convertible notes.
The company has a responsibility to repay this money
If they shirk their responsibility, the lenders may convert
The company neglected to pay PAYROLL taxes, resulting in a lien
You cannot, without being dishonest, disagree with any of this.
Alright, the CEO bought shares with shareholder money, fine. How do you expect him to make payments to lenders when his balance sheet is constantly negative? You think Millions in debt is just going to disappear? He still has to pay the note holders back, and if he doesn't they still have conversion rights. You might be able to flip this for a while, but eventually, the hangover will be worse than the party when everyone wakes up to the fact that he just isn't making enough money to pay his debts.
Penny stock sitting at 0.0001 and no bid for months takes off 800% on the CEO manipulating the share price and the selloff wasn't predictable, ok.
Ah, I see now that you meant: "this stock showed some level of resilience today in the face of a predictable selloff". See, I thought you meant "incredible strength" as in "incredible" and "strength", only put together.
Could you please expand on your assertion of "incredible strength".
Call the transfer agent, West Coast, I called YESTERDAY, it was at 7.3B
Dilution, for now, has been addressed, however the reason we are at 7.3B OS is a direct result of the dilutive nature of the lending that apparently Ryan had no idea about.
Its hilarious, some people think that the CEO needing to artificially manipulate the stock price for a week is a good thing. The same people think this company is worth billions of dollars and therefore, their 200M shares are going to let them retire.
I, on the other hand, choose to take off my rose colored and see the reality of the situation which is: a joke of a CEO, up to his eyeballs in toxic debt, thrashing about trying to keep his head above water, while the sharks are circling just waiting to take all the money from the good people who have been misled by the pie in the sky claims made of retiring on the beach or some drivel. Mind you, the ones who cant accept any critique on this miserable company definitely want to sell you their shares, maybe not today, but you are the target.
7.3 Billion OS. Yes, dilution.
Please tell us what about this is false?
None of this is false. They have never made a profit, in fact they have lost over 10M so far, They owe millions in debt, just look at the financials, its all there for anyone to see, they owe 1.5M to the IRS. If the information was not factual, it would not be allowed.
Great, however totally inconsequential. One must be able to accept another's point of view to remain aware. I read both sides of the argument and consider carefully the reality of the situation. I try not to defraud anyone.
anything else might endanger the dump
truth and accuracy don't matter, only those statements which fit the narrative of "we're all getting rich" will be accepted
In order to accept the notion of LTNC as a "pure powerhouse" wouldn't one like to see an increase in the pps at some point? Just a thought.
My post was a response to someone who tried to refute the daily volume. Nothing further necessary
West Coast Transfer:619-664-4780
Just called, OS=7,390,250,899
yep, they're done taking grandpa's retirement money
Right, until the rest of that 20B AS hits. Ryan needs cash to pay his debts. He operates on a loss and has done so for every year he has been in business. Yes, I mean to say he has NEVER turned a profit. How is it possible that he won't issue more shares to raise money?
Yes, they lose money every single year. If you spend 25M, 20M in revenue doesn't look so good