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Can't argue with the truth:
At the time of this release Lighthouse Petroleum, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital.
Zip, as we approach the CC I can only imagine the billions of shares hitting the market. This is from the PR announcing the video conference. Doesn't anyone read past the headlines these days?
At the time of this release Lighthouse Petroleum, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital.
Wild, here's the dilution USA spoke of:
At the time of this release Lighthouse Petroleum, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital.
Doesn't say 10 billion shares, but it says dilution. And that's straight from the PR about the video conference.
Care to comment? Truth is, no one here really knows what the A/S or O/S WILL BE by the time that conference hits.
If YOU know, let us in on it. Do you know? You must know! Is Dano's selling into the volume as we approach the conference. I know you know.
At the time of this release Lighthouse Petroleum, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital.
This is straight from the PR announcing the video conference. Read the disclaimers and you'll see it.
Wild, USA guy might be right about the dilution leading into the conference...not necessarily 10 billion ridiculous shares,but could be a lot.
Kinda makes Danos' comment about "no reverse split" a bit of a farce. No reverse, but watch out for all those new shares hitting the market! LOL!
I mean, ...management expects to dilute the company's shares to raise the necessary operating capital....is straight from the company itself.
Care to comment?
Shorts spread rumors for a reason. Maybe that's a contrary indicator. Could be positive...they are racing to cover? Lhpt!
Danos responding to calls and emails from ihubbers tells me he has too much time on his hands when he should be closing " 9 million $ JV deals" and finishing up the DD to get it done. Somewhat pathetic when you think about it. Issuing regular PRs is great, talking to and stroking ihubbers a bit desperate. Too many peeps taking up hours of his time on the phone so he can flip for .0002? Sounds fishy!
Dunno. Danos never stated WHY they got current. Maybe to satisfy the SEC and avoid delis threat? Plus that conference PR doesn't say sheeiit. Where's the " update" on the 9 Milly "JV" deal? That's the only news that
Will get this moving past a penny to nickel dime land! You think that PR was fake and Danos is a POS?
Wild, sec delist rumors? What are your thoughts. You seem to have your finger on the pulse, so I'm just curious. Thanks. Lhpt! Pos? Somebody must know something?!
Rumors will mean nothing in the face of real news rather than promises and hints of news to come. If the PR had said ..,"updates on JV progress" or something I'd be more positive.
Did Danos tell you about the SEC delist threat? Is that why he's issuing 10 billion new shares...to meet
Listing requirements. This looked good for a moment...,unload Lhpt!
282 million at .0002 is "thinner?" LOL!
LOL! Hello Oct. 10Th! What's up ASYI ticker!?
So funny: "1 out of 7 of those dead shells that were suspended along with ASYI has already reached the delisting chopping block."
1 out of 7! Odds are looking better for ASYI to have survived as a ticker this long. Come on .80!!
LOL!
Email Danos and ask him. He's very responsive. His email is in the IBOX above. The ASK stack at .0002 simply grows bigger every day, and all the pumping won't break it. This tells me peeps are flipping for a quick 100% and running for the hills. LHPT going nowhere. The "news" is simply a promise of "news." And although I thought the "no reverse split" commentary was great, it was turned upside down when someone posted they spoke to Danos and he admitted he was not going to reverse split...he was going to add 10 billion to the float first!! At the rate this is going, and with the LHPT history, and with the darn IBOX changing willy nilly every day...CE sign, pump n dump warning, police sirens...I wouldn't doubt it!!!
UNLOAD LHPT!!
Danos is selling before delisting! Sec notice! How's that for " rumor?!" I won't claim I spoke to him myself... But email him and ask! He'll confirm!
Article says nothing and all the pumping can't bust 2s. Danos has nothing. He's probably bailing on the 2s himself. Lhpt. Last gasp! No oil, no news, no JV!
I will. But the trade action is not encouraging. Lhpt.
Danos has nothing. Shut the lights out.
Bids mean nothing. Ask slaps mean everything.
Golong out.
Address concerns...,discuss...focus...,answer questions.. Future...says nothing.. "Update shareholders on our JV deals with...,progress on...final steps being taken..," Now that says something. Why waste time answering predictable questions when everyone wants JV news, oil news, revenue news!
Love the positive posts.. Wish the trades would reflect the enthusiasm...the Nov 10th CC PR was a bit vague for me tho...
Either that or someone knows the truth...or at least more than anyone here. Lhpt. 2s won't go!
Diluters sell at .0001 before no bid returns... If ibox is true...
OK man. I'll shut up and watch. But I'm tellin' ya it needs REAL news. Not promises of news to come. No reverse is great...what else they got? LHPT!
Someone should email the IHUB box to Danos. Amazing. Changes daily. 'Zup with that?
They keep pushing out the date 'cause this ticker is coming back. Be home tomorrow, the 10th. Ticker will still exist! ASYI!
Everyone wants a trip play going back to a penny, nickel, dime. Doesn't look like LHPT is "the one..." although I own shares. Just analyzing L2. To much stacked on the ASK too many traders going for quick flip. Need news regarding revenue streams, not news promising news to come!
LHPT!
Zip, I'd like to get excited with you, but the "news" doesn't say anything. And with 280 million shares offered on L2 at .0002, looks like traders are going for the quick double and saying adios. If there's no real news Nov 10th re: JV, merger, income stream, oil producing wells, etc., back to no bid in a flash.
Need more beef here. LHPT
Awesome! Danos taking all the right steps to make Lhpt a real oil company! Load! Bottom is in, dilution over... Conference coming up with possible JV deal!
More news on Lhpt website! Danos states no reverse split! Awesome! I am unable to post link but check it out! Lhpt! Loading zone! Danos wants shareholder appreciation and is taking all the right steps!!
Zip! News on website! No reverse split planned! Danos is taking action! Really wants shareholder appreciation! I am unable to post link I'm on my mobile! Please spread the word! This is awesome! Lhpt!
LHPT! Check their website for more news in the AM! Big AH buy! Means something!
I saw that! Check the Lighthouse website in the morning for more news! It's gonna be a great run! LHPT!
How many reverse splits have they had? I read about the 500:1 rs in the ibox, but how many more? And why wouldn't Danos just repeat the same strategy? This is my last post for today...can you list all the RSs and tell us...why not again?
Yep. And ask if any reverse splits are planned! No more RSs could jack this 1,000% higher.! I think a 1:500 RSI is enuf! Lhpt!
There are only a finite amount of questions, all of them expected. Instead, he should be TELLING us something NEW is about to happen with JV, revenues, debt reduction, uplisting, etc.
The board should compile a list of questions and send them to LHPT. None of the questions will shed any light on the future. All we want to know about is WHEN the DEALS will FINALIZE! Everything else is secondary!
SHOW ME THE MONEY! LHPT!
Zip, if there is real news my price target is WAY fricken higher than .001. Like ya got the 00s on the wrong side of that 1 bro! LOL! LHPT!
Yeah, but you don't know if VNDM will "refresh" that offer, and NITE blocking the ASK with 130 milly, ETRF, 120 milly, CDEL 31 milly.
Ya got CANT hangin out with an ASK of $555.00 way at the bottom tho! LOL!
LHPT! Dano's, throw us a bone!
Dogs, no follow through today. No volume. Huge ASK stacks. dilution in effect. Talk is cheap. Like trip 000 cheap. Need some beef.
I'm just reporting the action. Not bashing. Could things change fast? Sure they could. Will they? Who knows? Need some real news, not promises of news.
Golong out.
Where's the beef? Agree with your comments but show me the beef? May PR? 9.5 milly JV? Where is it? What other acquisitions? Does the market not believe this is coming or what?
LHPT!
Or, no one wants to slap the ASK with VNDM and VFIN hanging out! ASK getting restacked at .0002. Dilution wave almost over? LHPT!