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Probably some willful negligence on the disclosure side of things from the promoters
It sounds like the whole talking Noquit into buying shares would have to be proved somehow to me.
MY POINT EXACTLY!
So, what you're telling me is that because you signed an NDA Troy was supposed to tell you everything?
And that means what to me? Again, I don't understand...
The CEO never told me, not ever, even with a NDA
What SOB? What convicted felon?
The company ONLY, not the investor.
Yeah, Good luck with that venture....Can't prove what doesn't exist.
My dime, in my own time
Yes, sometimes those pesky "people" talk to me as well...but in the end, nobody can make me do what I don't want to do...
The only thing that is being scratched here is my head because this makes no sense. If you're going to put threats out on an open forum at least be clear so we can all understand.
Unfortunately, it's our own GREED that sometimes becomes our own downfall. Investing in Pennies is not for the faint of heart and LFBG is no different. I believe in the company....but I certainly wouldn't invest more than I can afford to lose. And if I did, I only have myself to blame.
Still waiting for that announcement. Waiting with bated breath:)
Do you mean for the "announcement"???
Absolutely not remotely possible:)
Absolutely. Ideas are good:)
The good thing about opinions is that everybody has one! They come free and often in abundance....especially when a lot of emotion is involved! My opinion on LFBG is that while it has been a bumpy road things are just getting started. More games are going to be released in a few days than they have EVER released at once. People complain about dilution....well at least we have something to show for it. People complain about the CEO....well, unless you have ever run a public company then what you are stating is merely an opinion...educated or not. The only thing to do now is stop complaining and DO SOMETHING!!! Jump in or Jump out. As easy as pie.
I'm a plain guy who would like the see the risk in his hard earned money rewarded in a product he believes will help a lot of people.
Consistency is key.
Nahh...I'd still be here:) Gotta have someone watching the coffee pot...
He's got 200,000,000 to sell to Southridge.
A R/S...
You absolutely took things out of context by implying they would need to register 49B shares. You did not say that is was assumed at a .0002 pps. You did not say that was IF they wanted to draw the FULL 10B.
We would be required to register 49,816,000,000 additional shares ...
That's 49 billion with a "B" right?
Oh vey ...
You are taking things out of context. This is what it reads...
At the assumed offering price of $0.0002 per share, we will be able to receive up to $36,800 in gross proceeds, assuming the sale of the entire 200,000,000 shares being registered hereunder pursuant to the Equity Purchase Agreement. We would be required to register 49,816,000,000 additional shares to obtain the balance of $10,000,000 under the Equity Purchase Agreement at the assumed offering price of $0.0002. Neither the Equity Purchase Agreement nor any rights or obligations of the parties under the Equity Purchase Agreement may be assigned by either party to any other person.
What pump? First post on this board and he asked a legitimate question.
It was updated in the filing.
Common stock outstanding before the Offering
9,779,729,778 shares of common stock as of October 6, 2011.
While I agree completely and have the tuition paid in to support you fully ... It's a little egregious to 'give a guy a break' or lend support to him when he is robbing people in broad daylight. Not saying that is your assertion but I was replying to the nefarious idea that Troy deserves some sort of empathy or sympathy.
Who's dodging??? You are stating that Troy is driving the steamroller over investors all the while grinning and laughing about it. That is absolutely not the case. My "assertion" was to think about what is being said....and don't get confused by what is FACT and what is OPINION.
The facts are difficult little things though ...
The worst case scenario is already present. What about the lives of shareholders that have been trampled believing in this company, what it is supposed to stand for and what has been revealed factually?
And I'm pretty certain it won't.
Nice explanation, however, you are talking worst case scenario. Of course if a company borrows 10M all at once and Southridge dumps it all at once the pps will be in the gutter. Doesn't take a genius to figure that out. Let's remember that it is a 2 year deal where they can draw AS NEEDED. You are not figuring product sales and revenue into the equation. You are not figuring expansion and MyPraize into the equation. The fact is, we don't know what Troy has up his sleeves because he has been so quiet. So, when you want to trample a company and someone's life work lets not forget that there are other factors that come into the equation. And after all, it is just your OPINION...
All of your definitions also apply to Steve Jobs and probably every person alive! Are you trying to say Steve Jobs was a crook? You know what they say, Show me someone who says they are a saint and I'll show you a liar.
http://www.forbes.com/sites/jamesaltucher/2011/10/06/10-unusual-things-i-didnt-know-about-steve-jobs/
Sorry to throw that on you without some type of warning:) You'll be alright:)
And everybody once KNEW the Earth was flat too...look where that got em. Troy is NOT a crook.
Can't have a public company without shareholders! Come on now....you know that, right?
Geez....we're still talking about this??? The meat of the matter is I believe in the company and I know the CEO would not make a business decision that would put his company at risk. That's the meat of the matter.