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They have already been using that.
What new acquisition?
Because it explicitly says they will continue to dilute.
So, if it has been 8 years and we consider this company in terms of standard human life, then we should start seeing a ROI in about 20 years?
SHARE STRUCTURE UPDATE AS OF MARCH 24, 2010
Authorized:
3,000,000,000
Fundamentals and not emotion run this board and the fundamentals say this company is in deep do-do.
Some of us seem to know an awful lot about the company, almost like ESP. Regardless, the fact of the matter is, the company is swimming in debt and will likely drown without divine intervention, but we know GOD does not like swindlers and thieves.
Since my other post was removed, I will structure the reply in this way.
I totally disagree with everything you say, so why do you constantly address questions or statements to me, since you already know my answer?
Curious, wot ?
Really? So you are saying that LFBG does not know how many units it sold to Wal-Mart? Notice I said sold, not shipped. I grew up in Wal-Mart as both of my parents were managers, I have a good understanding of how things work within WMT.
Obviously not.
Because there is no difference. A historically failing company, with extremely poor management execution, that has never turned a profit, that is likely never to turn a profit as past indicators are a window to the future. New games and distributors does not equal a new model, it is the same model with a high probability of continued failure.
Insanity: doing the same thing over and over again and expecting different results.
- Albert Einstein
What Einstein did not factor in were greedy pink sheet corporate executives who will stop at nothing to bilk investors out of money.
That is your opinion and mine is and I believe it is Risk vs. a slight chance of Reward.
You do not see the same company I see? The one that has never made a profit, therefore a historically failing company?
Who else is trying as hard as you?
Low prices? I think it is way over valued. I might buy more when it hits trips.
That is not a new model. It is the same model, with supposedly different people.
That is not a new model, how are the games going to be different?
And I believe it is Risk vs. a slight chance of Reward.
The same can be said of you. You want to be vague, but expect anyone with a different opinion, based on the historical map of this company(?) to be detailed. Detail your answers in the way you want your questions to be answered.
Why are trying to get people to blindly follow a historically failing company? You seem to be the only person here supporting this dump and oddly very veraciously. Things that make you go hmmm?
New products and a new distributor is not a new model. It is the same old model.
Again, how many more years should be given?
I think you mean risk vs reward. The wheels are finally coming off of the bus here and Troy is finding out you cannot continue to print your way out of it.
Isn't that what was said last time around?
I do not know, does? Let us bring everyone back to the original thought, since you like to play game.
The company is diluting, since they are unable to sell enough games to pay the bills, even after all of these years. The lackluster performance of the CEO is the problem, yet he continues to reward himself for failure. So I presume you are fine with the same failure? The only thing changing here, are the seasons.
How do you figure, I read his post as very informative, where as your posts are full of hopeless conjecture, blindly leading people to an unproven and likely history repeating model of failure. How many years should a person be rewarded for failure?
My post put the number of trades into perspective and in one spot.
How many years should a person be rewarded for failure?
You are saying it positively will work. Nothing has worked the last few years, what makes this different?
But you posted "Where else is the money going to come from?"
Looks like he covered everything to me. Your attempt to spin is amateur at best.
Over paid, if you ask me.
So you do not know that this supposedly new model is going to work either?
I do not know, how about game sales? Oh wait, you just answered it, they do not have any.
How do you figure it hasn't?
Troy diluted the stock then and is diluting now and still has nothing to show for it. In a year from now, it will be in the same or as the past has shown, worse position that it is in now.
You are comparing this diluted; poorly managed pig that has never turned a legitimate profit to major manufacturing companies? Wow!
LFBG has never been anything, but a piggy bank for management.
I would not set my watch by it.
The business model seems to be a failure here.
What does that mean? Are you saying the past complete failure of company management to never turn a profit should not be used to value the business?
Some one here has worked hard for a while now to put a positive spin on this out of control nose dive.
Time will tell right? Like I said, I hope I am wrong.
Exactly, which this much revenue, why is it sitting at this price? It raises red flags to me, but like I said, I hope it goes up.
You said he did not sell millions of dollars of shares after I said he is rewarding himself for failure. Looks like you just confirmed what I said. Thank you.
Let us see. I hope you are right and I am wrong.
You just are not looking hard enough. Do your DD and you will see.