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The good thing is that all those shares that were bought back from the so called illegal dumping are now worth less or worthless!
I'm waiting for some cheap shares.... Bond, James Bond..
But you missed out on the 2 for 1 split! But then again, so did the rest of us...
Probably going to delay that too! Expecting a PR saying that the China shipment is delayed in customs...
Menthol lights! At least we know he isn't pumping his stock...
Waiting for Dano to put out some more great news so I can pick up some low trips!
Other major question - why wait until last day? Looks like he was just trying to get people to buy into the idea without ever following thru.... Wasn't even at .10 when he was talking about the split
Just says going forward with it immediately but doesn't give time
Still going forward with the symbol change...
Some need it to pay for overdue library books!
100's of thousands of shares! So squeezably soft... SHAR MIN!
An audience none the less that didn't sell at a 30% discount!
That is why you get multiple accounts thru various brokers... Sometimes a broker won't let you trade a certain stock at all when others will.. It costs nothing to open an account!
That's what she said!
The other day someone posted about how good .60 on the ask made everybody feel. Seems like 3 cents is just as good!
Thanks for riding SHAR Disney... Please keep your hands and feet inside the vehicle at all times....
Little over 100K gets us to 194!
And all positive on the ask!
Says someone who sold at 102
Let's get that Etrade baby some 5 hour energy in his formula and lets go!
Who are you? My proctologist!!!
Wrong - price per share goes down... Twice the amount of shares!
You get double shares but the pps is cut in half! Thought process is that the pps will go back up close to what it was and you make more money. The actual value of your investment will not change.
100K shares at .01 is $1000
200K shares after split wil be at .005 is worth $1000
However if it approached .008 the value now is $1600. This $1600 is higher than your $1000 value prior to the split when the pps was higher at .01.
Volume requires inventory... Higher inventory increases cost.. Manufacturing costs go down but the difference between inventory costs and manufacturing costs varies depending on how fast the item moves off the shelves.
As manufacturing increases it usually causes a quality of the product to decrease. This ends up being more returns and possible recalls effecting the profit margin greatly. Business 102...
Coop has the niche and moving too fast can cause more harm than good. Problem now is not the product or its marketing but ethics... Are we being lied too? Is this dilution? Time will tell..
PR's are for change of management and thought processes for LKEN. The way I look at it, you are getting a company that had some success for a company that is just starting out price. It is harder to go from .01 to .02 than it is .0002 to .001 when .01 to .02 is 100% and .0002 to .001 is 500% on your return.
Another way to look at it is that a pink stock at .01 or .02 can drop rapidly as evident with this stock which makes it more of a risky investment. Investment at this level has a huge upside!
XOXO
What? No hugs XOXO....
Read post 30726 thru post 30768!
You don't want to discount the value of their product selling it for discounts at Walmart. There is enough discounting with the value of their stock's pps!
Back to back 20 to 30% drops and you think it will drop at least 2% tomorrow to get to sub pennies?
Can I get a insurance bet on my investment if I think this might have a chance?
LOL
Problem cj is that large blocks on the ask with people trying to minimize their loses...
Needs a great PR... Where are the writers for Ronald Reagan?
LOL ... We forgot the 7 new items, Left Handed BLINDS, Right Handed BLINDS, Underhanded BLINDS...
Don't feel so bad not seeing this comin - Product works..
Well he is in the business of selling Chameleon BLINDS!
Comes where the money always comes from - the investors!
That's us right?
U got the poor part right!
Good one... Punish Me! Punish Me!
You can probably catch him on the back 9 at the Club of Savannah Harbor tomorrow around noon!
U gotta love it!
Or the other option that was posted when it happened...
NEVER HAPPENED! Just plain ol dilution to pay for that new order from China....
Maybe we can email him and ask if he would punish us for a hefty 6 figure gain instead of rewarding us shareholders with sizeable loses!
Sorta explains those big blocks sitting on the bid all week... Just don't understand how you can illegally sell a stock, which was around .03 and your punishment is to buy them back at around .01
My understanding is that the shares were to be returned to the treasury and the services paid in cash. So let's say they sold 10M shares at avg .025 and bought back @ .013. They just cleared 120K... and getting paid cash for services..
Some people claiming 30M illegally traded - that is a 300K profit for their crime... Who says CRIME DON'T PAY!
Pursuant to the settlement, over the course of the next month, the Affiliate will buy back all of the Company's stock that it sold into the market.
Thing is that it is still the same month....