Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Corruption and Stock Manipulation by Troy the Diluter.
Complete BS how this thing moves.
Yep..Good news is always coupled with Bad, from Troy the Diluter.
Just watch, like clockwork, he's going to announce his 2 year audit is complete.. their revenues weren't what they expected, and they have to again double the amount of authorized shares. Just watch. Troy the Diluter hasn't learned his lesson about how to release "good" news. If it's not an increase in shares, it will be something detrimental to the value of the stock. Count on it.
People come and go.. this stock has no chance. Troy the Diluter is at it again. Maybe some of those consultants who were paid with stock valued at .0001, just sold this week for 8-9 x their original contract costs. How's it make the rest of the investors feel who lost big time and are stuck holding a bag full of worthless stock?
Chooo Choooo.. The Dilution Train has left the station.. Hold on.. here comes another dump! I'm waiting for 0003 to get my shares back.. Can't believe I would even consider getting back into this POS, but I have to try to make my $35,000 back.
What if Walmart doesn't renew it's distribution contract? Then what? To my knowledge, it was only a 1 year deal.. Does someone have better information than I regarding the contract with Walmart? There is no contract with Target or any other big-box stores. Why not? What are you doing Troy? Don't you know the only way to win is to be aggressive. (And to not make stupid public comments at the same time as revealing great financial news!!!)
Umm.. Yah. Tell me about it. I've known Troy since before they were a Public Company and any of you on this message board knew of LFBG. I invested in the beginning and middle. What was I left with? An empty bag.. and a lying CEO.
I think you said the same thing when it was at 0008.. I like 0002 better than 0004.. Hold your horses everyone.. this thing is gonna be DILUTED all summer long. Just like an Ice Tea in the Sun...
Good Choice of Words!! DIVE DIVE DIVE.. (the stock price)....
I'm sure you are right about this. It's all the "Consultants" who were paid in stock valued at .0001 a share. Now they are cashing in for 5x their money.
Thanks Troy
but remember... if there's good news to report from Troy, he WILL couple it with bad news. Hey guys, we just made $2 million this quarter thanks to "Easter Sales"..but oh yah, we'll be doing a Reverse Split too." Don't worry, this will be a great time to average down.
hahaha
I'm sorry, but there's no way this thing is seeing 0007s anytime before September.
The diluting machine is in full effect..See end of day Dump Session.
LMAO.. Wow, Tremendous Strength. HAHA.
Doubt it. Can anyone chart the last Green Day this stock had? February maybe?
More people dumping shares.. Or it's Troy the Diluter back at his antics again.
0004 for sure this week, maybe 0003
I'm waiting for it to go to 0002 before I buy again.
I say it will hit that by mid June.
0005 by Friday. Just like I predicted.
Hits 0006 tomorrow consistently, and by next friday, we might just see 0005.
The hole in the ship may be tiny, which will lead to a slow sinking of the death ship.
I'm sure there will be another FLUFF PR coming in the next few weeks to keep interest tepid at best. I'm totally out of this stock, but I may buy back in at some point. Just waiting for the bottom or a R/S to happen first. It may be a few months before we reach it.
I have to try to get some of my $35,000 loss back. Thanks Troy! you Rock. Glad I "Averaged Down" so many times.
poor financial decision, and VERY VERY poor decisions on announcements.
Wouldn't you agree? I can't believe there are people on this board still believing they can get their money back.. It's hysterical.
In 1 week, we'll be in the .0005-.0006 range. People are tired of buying this diluting company.
Don't worry Noquit, Troy will probably be paying them in shares of stock valued at .0001, and allow them to dump them in the open market so they immediately make 7x on their money, while the rest of us bag holders wait for the R/S and pummeling of our investment.
Umm.. It's only considered Oversold if someone wants to turn around and buy. When the company keeps OVERSELLING their own stock into the market, there's no turnaround.
What's the Share Structure Look like?
Hey TAKI! Nice to see you again. I'm still recovering from the christian video game debacle. UGH. So what's up with this Expert Group? Looks good?
So is this guy getting paid in stock valued at .0001 as well? Or are they going to be paying him cash? Or does he have an incentive based compensation, where he will get more bonuses for reeling in more investors/money?
Can't really say this is a great announcement.
Got your PM. The way I know they are issuing stock to Advisors at .0001 is that it's been stated in their Public Reports. I can't remember which one, but it was one this year. Maybe the 10-Q?? I'd have to look, but it's definitely in there saying that some of the diluted stock is being issued at .0001.
Troy is issuing the shares at .0001 so all his "consultants" can dump the shares and make 8x on their money, for working and consulting for shares.
What a racket.
I'm no "seasoned" investor.. But I would say the stock price would still have gone down. Investors don't like seeing R/S with Pinks, am I correct in that assumption?
Then, couple that with the filing of the extension, the de-listing from the other board, AND the announcement of the Doubling of A/S, and I think we are in the same boat as we are today.
instead of it being at 0008.. it MIGHT have been in the .009 range? Just a guess
Sorry, the Private Placement Memorandum. What I bought into before it went PUBLIC.
Her legal opinion was needed to register my Restricted Shares into trade worthy shares (These were the Original Stock Certs I purchased in the initial pre-public IPO). I still have a the legal opinion letter from her.
Great question! Do we have something to show for it?? Hit the nail right on the head. NO, we have NOTHING TO SHOW FOR IT, besides a bunch of RED in our accounts and at one point, worthless shares of stock (for some of the people who didn't sell at 0.002ish. Thank god I did.
Interesting. I got my legal opinion from her for this stock.
Why do you think that NONE of the original Board of Directors or anyone originally involved in the company are still around?? The only exception is TROY. Coincidence?
If I were you, I wouldn't believe anything Troy says about Stock Dilution. I can promise you he's already whoring out the shares as we speak.
Buddy, I'm the "longest term investor" here. Guaranteed. And I'm completely out of the stock now after losing close to $35k-$40k. I don't even know how much I've lost actually. I've sent cashiers checks to LFBG numerous times to "AVERAGE DOWN", plus buying on the open market. All based on the information Troy gave me. And look where it got me.. and many others.
My co-workers and original Accredited Investors lost anywhere from $50,000 to $300,000, and a marriage. Try telling them anything positive about this company.
No Accusations. I have all the paperwork to prove it. Troy is a jerk
Deception in that the ORIGINAL INVESTORS.. Like Myself, and 4 or 5 co-workers (who I know personally), plus some other investors invested in this company prior to Bonanza Gold, Before there was a product, before anything (besides ownership of the license to Left Behind Brand). Stock Offering at $1.50 per share, restricted for 2 years. Only a few million Authorized Shares. During that time, Bonanza Gold came out, some exotic reverse merger deal to create LFBG. Stock prices goes to $7-$9 a share, meanwhile, all of the original investors (myself and co-workers) shares are tied up and cannot be sold. Some insiders profited HUGELY there. Not sure whom, but would love to know. By the time my shares were available to trade, the stock had slid to $0.30 or so a share. Then the story of DILUTION started. You know the rest. From a few million shares to BILLIONS.. And all along the way, Troy encouraged every one of us to continue to pour money into this company by "Averaging Down Our Investment". F - U TROY
you're right.. these prices won't be around much longer. Look for 0003-0007 next week. LOL
because it's going lower.. probably down to 0003 or so
Dilution will continue all year buddy.
You are right on the money.
Most of us ORIGINAL investors didn't sell when it was over .012 because of the lies that TROY publicly made. Possible Share Buy Back Program. Record Profits and First Ever Profitable Quarter. All sounded good, but then he threw in ill-timed decisions like a Reverse Stock Split.. No wait. Never mind. No Reverse Stock Split.
Profitable Quarter, whoops never mind, we are doubling our authorized shares so we can dilute the stock more.
Webinar discussing the future of the company (Which was a recorded message BTW), then idiotically left the mic open afterward asking how the stock price did. Then talking about going to the dentist, and this that and the other thing. Totally worthless and shook confidence in me at that point.
Please people, can't you see this is an ever losing battle.
Sorry, NQ no PM.
What would the initial investors seek in damages if they sued? This was an investment, they filled out the appropriate paperwork saying they were accredited investors. Any investment is a risk, I just don't see how you could even begin to build a case against LFBG.
I knew going into it that it was a risky proposition. But at the time of my initial investment, I was making boat loads of money, so it didn't really matter.
I'm more Upset about the way the stock and the management has handled the growth of the company, and the CONSTANT DILUTION OF THE STOCK. Troy is going to HELL.
Agreed. This is a done deal.