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I think so as well. We should head back to the mid .20s. Once there, we should have a little resistance going higher. But, after that is broken through, we should see this easily head back up towards .50 It wouldn't surprise me to see that happen all next week. The market still has yet to react to the excellent news of the $millions. Once the initial shock completely wears off of the delisting, the market should turn it's attention to the super funding BoA came through on and the excellent fat trimming the new CEO is doing. Ohhhh..... did I mention the 3 big contracts they landed, too? They announced that in the con call but there's no PRs out yet.
Yes they were. I carried one. Like a loaf of bread and weighted a ton. Had to carry spare batteries, too, as they only lasted 30 minutes - 2 hours. You would literally lug around a big suitcase that was like toting a truck.
Wishful thinking doesn't make it right. There ARE issues and trying to reason them out doesn't make the problems just simply go away. It ain't that easy, junior.
The truth is, you don't know. And the facts are that there is trouble here.
All your answers are with Eugene. Research his past with AXGI. Exact same story and everyone lost their ass in the end as Eugene dumped on all shareholders while promising to come out of BK. You don't have to take my word for it. Look it up yourself and notice the exact same pattern.
Tell that to the families of the miners that have died due to the lack not clearing up these violations, dale. As far as I'm concerned, 1 violation is 1 too many in this industry. People lives are at stake and you laugh it off. That's cruel. There should be boycotts going on forcing people like you to clean up these death traps.
Looking good. Just 5 trading sessions ago this popped from .21 to .59 I expect this to easily rebound to mid .20s early next week. Sell off was way over done cus NASD players freak over OTC BB. But, the OTC BB is a good market these days. Not like it use to be but requires reporting and accountability... just the reswting place LCCI needs before jumping back on with the big boys. The new CEO has a wealth of knowledge in this area and will right this ship back towards $5 in no time.
It still early for this one, t_b. I truly expect $1+. I'm in at .07 and will add on the dips. I can't even believe this is still at .12 BofA says it all.
Great job on the iBox. This will be the biggest winner on iHub for sure. Lots of time right now to jump on board.
Maybe it will be Road Kill.
You arew very welcome. Over time, this will keep giving us some rewards. Like I said, if this were BB land, that news today would have been jet fule. But, in the land of NASD, it was a panic. We do have a winner and even if they don't reach that $1 plateau, which I'm sure they will, we'll be winners either way.
Also, the float is somewhere around 21M. This puppy moves. The $30M alone says $1 ez.
Great finish. .11x.12 I bet this runs nicely again on Monday. I'll take a 71% gain!
I have doubt about it. BOA is not your run of the mill financer. And now that they have yearly adjusted a cost reduction of $21.9M + $9M finance, this is over $30M
You know what else is really cool about this one? It's REAL and doesn't need PUMPERS. And no bashers can call it a scam. And even more than that, we aren't depended on some cranky PR/Owner/Quasi-fart behind the curtain type to feed us lines about something big is about to happen soon.
Could you imagine if this were a BB already with that news out today and the balance sheets they way they are? Man..... this thing would of taken off like a rocket. Boy oh boy... this is going to be fun.
I think I'll just sit back and let this baby grow over the next couple of months... unless of course we get an early Christmas present.
This reads sweet, too. Not "one of"... but "the recognized leader"
LCC International is the recognized leader in providing wireless voice and data turn-key services to the telecommunications industry.
Yup. The sell off was typical NASD panic. This is a good company. LCC is the largest independent wireless engineering company in the world and is a recognized leader in providing wireless voice and data turn-key services to the telecommunications industry. All that for pennies. Too good to pass up. I'll hold this puppy for quite some time. This one is not one of those fluff going to $1+ stories. This is real, has BOA backing, $millions in credit, seriously reduced their overhead, and have one thing in mind, sit in BB land to catch a breather before jumping back in the NASD land. And to do that, LCCI has to traqde 10 straight days above $1 between the delisting date and February. One thing for certain, even if LCCI fails to do this, which I doubt, us stock holders here at the bottom win either way.
Yup. Looks like she's settled down some now here around .12 With that $9M BOA financing, I don't think the delisting will last. Plus, the major mutil-million fat trimming will make the next 10Q look fabulous. I truly expect this bad boy to be in the $2+ range within the next few months.
Scratch that. Here's .13!
Here comes .12 Instant 2 bagger and heading up for more!
And I still do have my proof. Want to buy some?
Way too many bailed on this. The delisting scarred off the traditional NASD players. But .10 is way too cheep even for a BB stock. Reporting, major funding, big player in the market.... prefectly primed for a huge run. Remember, .59 just last week.
.09 Ohhhhhh yeahhhhhhhhhhhhhhhhh
Yehawwwwwwwww Slap those .08s
LCC International Raises $9M Working Capital and Announces 2008 Restructuring Savings of $11.7M
Friday September 5, 9:30 am ET
MCLEAN, Va.--(BUSINESS WIRE)--LCC International, Inc. (NASDAQ:LCCI - News) today announced that the Company has entered into an agreement with its current lender (Bank of America) to obtain an additional $9M working capital supported by a limited guaranty by two existing LCC preferred shareholders (Milfam Guarantor, LLC and BR Investco, LLC). The working capital will allow the Company to support new growth opportunities, fund restructuring costs and provide for other working capital requirements. The terms and conditions of the agreement, and details on the guarantors’ terms, were presented via an investor webcast which is available within the investor relations section at www.lcc.com and covered in greater detail in 8-K’s filed today.
The company also announced that it has taken steps towards profitability through global cost reductions of $11.7M for 2008 or $21.9M on an annualized basis. These cuts were implemented during the 2nd and 3rd Quarters. The company will continue to drive operational efficiencies within all regions as well as corporate as it continues to align costs with predictable revenues.
“We remain focused on right sizing the business towards profitability,” said Kenny Young, LCC’s President and CEO. “With the first half of the year actions behind us and our improved working capital position we can now address new opportunities, while remaining focused on controlling expenses.”
About LCC International, Inc.
LCC International is the recognized leader in providing wireless voice and data turn-key services to the telecommunications industry. The Company's service offering includes network services, business consulting, tools-based solutions; and training through its world-renowned Wireless Institute. The Company has worked with all major access technologies (including UMTS, EV-DO, HSDPA and WiMAX) and has participated in the success of some of the most sophisticated wireless systems in the world. LCC is unique in its ability to provide comprehensive turnkey services to wireless operators around the world. The Company brings local knowledge and global capabilities to its customers, offering innovative solutions, insight into cutting-edge developments and delivering solutions that increase business efficiencies. News and additional information are available at www.lcc.com.
Cautionary Note regarding forward-looking statements under the Private Securities Litigation Reform Act of 1995:
Information in this release regarding LCC’s expectations, beliefs, and intentions are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to LCC as of the date of this release, which may change, and LCC assumes no obligation to update any such forward-looking statement. These statements are not guarantees. Factors that could cause or contribute to differences from such expectations include, but are not limited to risks associated with international operations, challenges and costs arising from integration of new operations and other factors that may affect our business are discussed in LCC’s filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our quarterly reports on Form 10-Q.
Moving nicely. Just might revisit .59 that she hit last week. This drop is way over done. LCCI had some great news!
Gotta love it at .07
I'm in. Let's get this going.
It won't be amo. It'll just be the natural trend of the stock that does all the speaking. Down many days then a one day pop followed by many more down days.
Agree. I'm waiting for .0006 That way, if she goes, yipee. But, if she bombs, there's a better chance of getting out without as much pain.
But, even better is jumping in after the R/S.
My theory is that Eugene works the MM to bring the PPS up just before the another round of dumping occurs. That way, this excites many to buy in and creates another set of bag holders.
It's early. Even if this finishes green today, the trend is still downward. It can't go down every day. But then, as I have said a million times, I hope it works out for you guys.
Yeah. Take off alright.... as in take off with all your cash.
Today's prediction. DOWN
Make lots of money how?
The pictures do not correspond to the interview he did. Plus, these pictures have been up before production was announced.
Don't kid yourself.
That's assuming a lot of things will happen. Let's see what happens with all the newly issued shares does.