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Won't happen till next quarter or Jan 2
Not boat board
Just let him sit on a three person boat in which he is the minority and let ascend handle things from here. At least there's hope then
Oh my god no! Guy couldn't sell his way out of a chucky cheese uniform
Well in the contract it states he's Vice President and I'm hoping he's not.
The deal wouldn't have gone through with out ascends existing equity which is what will be leveraged. A million dollar loan is disgustingly huge in the OTC world. No way a RS would support that on its own.
I've seen stock hyped bigly on a car lot or a hair cut outlet. For the right money the sheep will come. The loan is through a brokerage and they can leverage their existing business against it. It looks like that's how it's set up but more then likely they will dilute to pay the loan.
My assumption is that they get the loan do a bunch of blah blah blah for the first quarter 2018 maybe second. Pump the F out of it third quarter maybe second. Then massive RS then dilution starts 12-18 months from now. THEY WILL NOT pay back this loan. They will crush the pps but need the pps to be high enough to dilute into it. That is a massive loan.
Well you have to remember they are taking a million dollar loan out so they will have to pump the s$it out of this to cover. I mean they really really have to. Question is do they do the RS before the pump or after.
Well it doesn't cost me any money to stay and I think there still is another run but no where near what I hoped. Blah. I've been wrong before but not looking good
We are in for a massive 1000 to one split in 2018 so ascend group can use this as a personal ATM. Hope there's a run in there but writing is all over the wall.
Haha I'm a large and I will take it!
Man new year new play next year but still sitting on this one. I hope the next one is in fact a swing play. Hate holding penny stocks! This one has so much potential. What an epic lotto play though. This stock probably going to change some lives.
I wonder if they will do a ticket name change?
I agree with this and your last post as that's what I read as well.
I'd agree with this. I think he burned some bridges for sure. This one will probably have to move the old fashion way or if JF gets out of the picture. I think a pr with a better explanation of the contract and how LVGI products will be marketed and who and what the leadership looks like is very much needed. They will also have to deal with the share structure by end of 2018 I would suspect so would like to understand that as well. There are just to many questions and JF doesn't have a good history.
Oh ya. Great time to buy a few million shares and sit back. There's a reason there's no new flippers. Nobody knows what's going to happen next... stay tuned
Well zak how it blind sided me was that we didn't become a distributor for but we but bought into. That's a way different deal
Nope this was a protection in place against the million dollar capital being raised. They needed capital to pull through the hemp core lineup.
I have read the contract. This kinda blindsided me. This became a long term play. I'll get my 1000% return.
Oh it's amazing news. Real products under an umbrella of a successful MLM. I don't think you could ask for more. Personally I just don't think most people get what's truly happening or at least they don't want their money to sit that long as this all gets worked out and I can't blame them for that. This is a sub penny stock and it's not for holding per say but this could be a once in a lifetime type of stock so to me it's worth hanging on to for the long term to see what shakes out.
Well my internet is down in my office so I'm more useless then usual. Thought I'd post something positive but I think we all know this is a wait and see situation. Whatever happens here I should see some pretty great gains. Good luck everyone
People have no idea. MLM reps pump product.
Oh for sure. To be honest I've never seen something like this in a publicly traded stock so it's going to be a profitable learning experience. Good stuff.
Not to shocked by today. Didn't realize it wasn't posted on the mainwire till today.
7.01 dub (a) says they will have an information statement out as soon as possible
I know right!!!!
I'm with ya!
Even if that's true it would be one year and 180 days off. 179 days if you want to get technical
It's going to be a great day! $LVGI
Anyone know if we will hear from the new CEO?
Really excited to see what price action happens tomorrow
So pumped for a packer win and an $LVGI gap up Monday!
Yes but if you keep reading the the same company that audited the contract is a also granting the loan.
I forgot genuine real products pumping into this huge value stream. I mean a little bloated O/S but come on but come on this is for real! #lvgi
Name a OTC with real profits, an established distribution stream and landing a million dollar financing. I need to know! #LVGI
I just saw one go to .0033 with double o/s with some gadget they were selling online. Anything is possible in the OTC is all I'm saying but I could see it going your way too.
Oh I agree for sure. This is awesome unbelievable news but wanted to know what that meant. I personally believe this is a penny+ stock now.
So I'm not done reading but when LVGI raises a million bucks (which sounds like they have a lock on that) in which agsllc gets 500g and LVGI gets 500g do they do a share buyback program at that point because there doesn't seem to be a reason to reverse split as they will be flush with cash and will still need a hefty A/S? Any thoughts?
Dude nice work! I put a sell order up but thankfully it didn't get filled! $LVGI