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Exactly tiring jargon of those that know little to nothing about this company in its current state.
Even more ridiculous of course is the need for a so called long to propagate the absurd quote of "another Florida scam company" that ct likes to site for endless senselessness. Perhaps all companies that produce products that are sold to DOD and tested at Fort Polk are scams in your mind? Now that notion is ridiculous!
Another amusing post GS, suing LJC is hardly a fly in the ointment of future funding. Management and investors have been aware of the manipulation for some time. Anyone with an eye on level 2, or access to a Bloomberg knows the extent of shorting, boxing etc these MMs have gone to, and knows that LJC got their hands caught in the cookie jar. Kudos to Glenn and management for engaging against their actions. Would have been nice months ago. I sometimes forget how well run things were in the day your buddy was typing out news releases.. How is Mr Bleckman? All in my opinion
Wow hadn't heard from you since your doomsday post predicting the share price to fall well under a penny to eventual demise just a week or two ago? I'll give your thoughts on financing the same credibility I postured then...small to none.
Again Acumen you are so behind the times.. I have been lambasting LJC for some time.. You thought the stock was going bye bye bye remember?? I am very delighted LJC has been sued are you?
I'm sure Glenn has had this worked on for much longer than you think shiny one.. He hasn't allocated a share since last year towards funding. Only free conversions off and on since.. Maybe you should survey the landscape?
Yes obviously the company was handing them free share conversions in lieu of taking larger shares for funding at overwhelming dilution and expense. Fortunately they were not being given huge shares monthly or upon their asking for conversion against the .075 floor. Yet even without shares the manipulation was extensive and ongoing? Hmmm seems like shorting and cohorts participating to me. Seems inevitable that this would result in suit. Thankfully!
All in my opinion....
LOL am sure the company is spending thousands of dollars on window dressing!!! This is a rather substantial and serious lawsuit Mad.
Thankfully not with this group. Good bye LJC!
At first blush congrats Glenn and team will be interesting to read the suit. Something needed to be done as the manipulation and chicanery was quite obvious. All in my opinion...
AN R Reelected! enough said?
I don't disagree with you Pagan. I think it likely an investigation on the unit and recovery issues is underway. I don't think it is necessarily negative or positive at this point. The marketing effort on the BIB exudes some company confidence but we all need to hear more when they can say anything.
I don't know the status or the parties responsible did not say I have no reservations but am not sure they are still not testing the other unit. Are you?
Last I knew we sold them two units Pagan?
This company was nothing but a bag in the corner (strat?) joke with 0 sales and no products, lawsuits mounting and debts going through the roof before Estrella started. This is a new company albeit with debt and heavy outstanding shareholder count now.. To compare the CEO transition to an Apple is simply laughable. Do you really recall where Huff and Leinwand and crew left this company? I am firmly convinced that any chance we now have is due to Estrella and his management group along with positive acquisitions.
This would have been belly up long ago had he and Clark not come aboard. Or was there some miracle worker you know of that was going to gain headway with the SEC? Get off your high horse unless you really know what they have been up against.. Maybe it is time you give some credence to Indiana and others that have actually met Glenn and dealt with him in a business setting than simply lament the status of shares bought years ago? This company is new in terms of products and potential with a large overhang of shares but a team working their rear ends off to produce. Lets at least give some credit for their effort.
I think several of us have the same opinion regarding our COB. He has had enough time to deliver contracts or interest. Hopefully not long for the job or vastly more productive than it appears to date.
Hilarious you don't even need your super spy camera kit or a reflective image of your bright bulb to elicit that belly laugh.. Good job acumen!! What a sleuth indeed!
Can you please use your super sleuth camera kit as well? I've looked forward to another belly laugh for a while. You are very capable in that department.
ha good analogy Ren!
I admire your allegiance to the technology and the people involved with WSGI Indy.
Increase in revenues, and replacement of LJC as a funding source will enable the share price to rise. No great shakes but there is no reason to believe the stock would not be trading close to .10 now without LJC involvement. Tough to have your funding investors motivated to have the share price as low as possible?
Still if the next round of BIB orders come as you suggest the share price will react nicely. IMO
They tried that before GS don't you remember? Then whups we can't accelerate? Look there is nothing good to say about LJC or their funding mechanism. The ability to put in a floor and not deliver larger conversions and their inability to accelerate under a penny are the protections here. If they are willing to short the stock without shares then the company must choose other recourse. IMO
Right what Coastie is not stating is that when the company installs "the floor" and LJC does a conversion they are only entitled to the free shares that make up the difference. Thus if he looks at the amount of shares given LJC last quarter he will understand they are not being utilized for funding every month. Likewise there is first right of refusal for alternative funding giving the company opportunity to seek new arrangements that limit exposure to LJC.
I admit LJC is the reason the stock is here and I contend they are boxing and shorting to manipulate the price down. Very evident lately and last quarter as it appears the company is not taking funding directly.
All in my opinion
Funny acumen LJC is a primary factor aside from lack of marketing. The next round of BIB contracts will move the share price. Get ready bright one you may get your shorting opportunity. hahaha
Actually I thought coastie finally explained to you why this could not be considered death spiral? Remember the sub penny provision for acceleration that you and coastie thought was part of the contract? whups guess not...
Maybe you need more education from your mentor? lol
I'd never share that on a message board and if I did it would still be conjecture and opinion over certainty. I will say however that he is a supporter of Glenn and the company.
Sure I've talked to Mike personally many times. What about him dearest bright bulb?
Sorry pal when chatting about LTA products with Indy you are way out of your league. You are still playing t ball.
Hopefully BIB revenues initially, not sure what monthly outlay will be. We are all tired of dilution Be, but marketing and revenue increases are the likely way to get rid ourselves of LJC as well which is the key to a better share price and decreased dilution. Let us hope!!
A key positive development imo. The company needs far more awareness, new investor blood, and ample exposure. Utilizing the efforts of a marketing firm to increase such awareness is entirely viable.
I think they hold the price through shorting through their usual mm vehicles Bank.. They have cohorts shorting and manipulating as well. My understanding is they are likely out of shares but of course have the "true up" debt plus the ongoing agreement to utilize for manipulation. Heavy price paid for a lousy funding. Management is very aware imo let us hope they take action against them or have the contracts to move the share price and create real funding alternatives soon. All in my opinion.
Plus 250k for LTA right Acumen or did you blissfully ignore that acquisition?
Agree entirely Indy, and think follow up orders will progress in due course. IMO
I concur with you Pagan I highly doubt out COB had anything to do with the BIB contract. I really don't think we should sell Glenn's and Dan's effort short in this regard. Likewise I trust that Kevin's involvement now is just as vigorous.
Thanks turbo I share your sentiments. I'm not about to suggest this is a risk free investment yet, but contracts and potentials lead me to believe its a better value at this price then it has ever been. As with all investments and most especially penny stocks people should only risk what they can afford understanding the risky nature.
lots of words little said.. the present company produced and is producing contracts with DOD, BAE, The Red Cross and others. To compare this company to its predecessors is silly. The company was never proven to be a scam and you should know the definition of defamation and liable before you type. The good news is the statute of limitations for libel and slander which is only one to two years in most states starts again with your every post.. IMO
How ridiculous!!
Ha hilarious Bank
Good luck Cole, as usual your commitment to libel and defamation is as rigorous as is your complete lack of knowledge regarding sales and revenues of the current company.
This is a company with contracts with DOD and BAE among others. So yes WSGI is real with real contracts. What hasn't changed is your propensity for defamation. You simply desire to be sued.
Agreed WW and turbo.. Has to be a strong assumption of substantial contracts. imo