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True for penny stocks with lots of convertible debt, but not true under other, more favorable circumstances. I would welcome a R/S for LAHO with a low float post-merger.
I know what they need to do been trading for over 20 years; glad to see janice post something constructive that gives novice shareholders who don’t know what’s going on at least a sliver of hope instead of the usual guaranteed doom.
That's not the point; you know full well that pink sheet stocks will run on air with no revenues, no products, no services, nothing. If LAHO comes back and the merger is completed, the stock will run well past where it ended on the 6th.
No one cares about LAHO's pre-merger financials, as long as they get audited and filed, the key is the merger. Keep trying.
The shares were revoked from trading publicly, you still own your shares in the company. Whether they will ever trade again or be of any value even in a private company is the billion dollar question. I choose to believe they will re-register based upon the quick actions by the company and the fact auditors are working on filings.
Great analogy, and yes the race is not over yet. Until the stewards finalize the results I'm going to remain optimistic but realistic.
Reality is that you don't know for certain. You may be right, but you may be wrong. Time will tell.
It’s definitely different right now as I’ve never seen this chain of events in 20+ years of trading pennies, hopefully it’ll be different in the end.
Good to see another company re-register. I just don’t see it taking that long for LAHO but if it does I don’t care.
Yep, I've been saying this since the PR was put out after the suspension. Why subject themselves to more liability and ruin their reputations even further in the stem cell industry and communities (business and personal) that they are well-known in, if they were going to scam everyone? It makes no sense, they would just go away quietly.
Agreed. I wasn't selling on the greys anyway, too many positives that I already mentioned pointing to re-registration and those naked shorts getting hammered. If those positives didn't exist I would have dumped.
I wouldn't harass Dave or anyone at the company, they've been very transparent since the suspension and I'm sure when they have something to say they'll PR and post it.
Anyone who owned shares still owns them. The company will re-register those shares, possibly under a new CUSIP (GSCG?). The flippers who planned to make a killing Friday are SOL as are the naked shorts.
1. Suspended
2. Immediately settled
3. LAHO and GSCG announce merger still on and post it on their websites and social media
4. Accountants confirm working to complete audits
5. Revocation before the 20th so the stock won't even hit the greys
All signs point to LAHO and GSCG doing exactly what they said they would do, merge and re-register as quickly as possible.
That naked short interest is screwed.
So now you're an expert in the international stem cell industry and what the future is for Benito and his team. Interesting.
chunky, your continued positivity and due diligence are greatly appreciated. I have no doubt that LAHO is going to pull this off, this is clearly not a scam. It may take a few months realistically to get re-registered, but once they do the stock is going to be much higher than where it closed on the 6th. The wait will be well worth it for those who have kept the faith.
Post the Twitter links you claim don't work for you. The course link works for me, I went all the way through checkout except for the final step, so you obviously have a problem on your end.
Works perfectly fine for me
Oh I know, it's just pathetic the SEC claims to be protecting shareholders when in fact they're lining the pockets of manipulators.
What intrigues me further about the suspicious nature of this suspension is that I own a stock which hasn't filed in over 6 years, the CEO is confirmed deceased, the company has no information available for the past 6+ years, yet every once in awhile you'll see a trade at .00001. How can a stock like this not get suspended after all this time but LAHO does just when it's ready to make a massive run? Things that make you go Hmmm....
Complete the audits and file the delinquent reports and LAHO will have more than one Market Maker willing to sponsor them. Will they follow through? Time will tell, but the fact both LAHO and GSCG have prominently announced their plans and put the PR on their websites bodes well.
Assuming LAHO announces the completion of the audits the stock will run on the greys; even if they don't, the risk/reward ratio is off the charts and speculators with money to lose will buy shares because once they close the merger (which may happen while they're on the greys) and re-register it'll explode.
Unless they announce the audits are complete, that's the game-changer because they've already confirmed the merger is still on.
No doubt there will be buyers while LAHO trades on the greys, the risk/reward ratio is too high for those with money to burn not to take a chance and hold for re-registration. If the merger happens and this starts trading again those cheap shares will be worth copper and maybe even silver.
Lol yeah you nailed it! Even when they re-register and are trading again post-merger, with 100+ million in revenues and growing, you'll hear the same things.
If I were LAHO, I wouldn't announce anything until after the sell-off on Friday. Let the weak hands get out, yes they're going to crush the stock but there will be buyers all the way down. Then when good news hits that the audits are complete we will see a massive run on the greys until de-registration. I'll be holding my shares as we go private and if the price goes low enough Friday I'll be adding more.
LAHO and GSCG would not INCREASE their potential legal liability and professional reputations if they weren't confident this was going to happen. Benito has the most to lose - his credibility in the stem cell industry. I don't see him risking that for a scam.
I wouldn't be surprised if the merged company was bought out within the next couple of years by a big player. I know that sounds like typical iHub hype, but think about it. If they can get their act together and grow this business, and their stem cell research continues to break new ground, it's well within the realm of possibility. They know this, they know there is a huge pot of gold at the end of this rainbow which gives them every incentive to make it work and resolve the problem.
Nobody loves, the thieves of OTC,
Never so kind, and gentle are thee,
Tricks they will do when buyers appear,
And how they laugh when their near!
They call them Flippers, Flippers, faster than lightning,
None of them see, they're not smarter than we,
And we know Flippers, live in a world full of wonder,
Flipping there-under, on OTC!
It depends on the stock. There will be a lot of interest in LAHO, especially if they come out with more news.
Would love to see a major PR come out next Thursday
As I've said many times, I will not sell a single share so the flippers can make a killing on them. I'll take a total loss if LAHO can't pull off the re-registration. The reward if they do will be my biggest score ever on the OTC.
Yep, no way they put out a PR like that if they weren't going to follow through. Quick settlement with the SEC because they know how much is at stake, the stem cell market opportunity is too big to let this go. And there are too many big players (not iHubbers) behind this merger.
No doubt it'll dip at first as people who just want to get out sell at any price. But I think we'll see much higher prices the following week, LAHO has a LOT of support and most of it is not on iHub.
Wow Benito posted the extension PR on Facebook, that’s a huge confirmation they’re following through on what the PR said! LAHO will be legendary on stock message boards for years to come!
Of course he didn’t or else he’d accept my offer
Sure, I'll buy them for .0001 like all the other flippers are hoping to do. Let's make a deal.
Bingo! So LAHO is going to just roll over and give up? Not a chance, way too much money at stake!
No one will get my shares for next to nothing so they can flip them, so the scare tactics won't work on me. I believe LAHO will pull this off and we'll hear more good news from them moving forward. They've come too far, and the stem cell market opportunity is a once-in-a-lifetime chance so I'm confident they'll do whatever it takes. And I'm sure they have a lot of support from their employees, GSCG, and other shareholders because they see the pot of gold at the end of the rainbow.
And I'm not convinced some people didn't push the SEC to suspend them so quickly when they were about to file. Something smells rotten and it's not LAHO.
LAHO is unlike any other suspended stock so you’re not comparing apples to apples. Let the sellers get out then watch the stock rise, and if the company puts out more news it’ll keep rising. I’m holding my shares no matter what, I’ll wait until the re-register them and close the merger, they’ll be with at least 10x where we ended last Friday.