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I wouldn't make that same mistake again. I don't see a huge run like last time with the release of the financials, it needs a lot more and I don't see that coming. I hope I'm wrong.
The only exciting part about the filing is the filing itself. The numbers fall way short in my opinion and don't reflect revenue expectations driven by the acquisitions announced earlier in the year. And like you pointed out, their is no direction on how they plan to get financing. Plus how are "sales will increase dramatically"...it's just a fricking statement and nothing to back it up; their business model isn't contributing shit.
Not expecting any fireworks today or in the near future unless something drastic happens.....like non toxic financing. What a dodo bird this Bernard is. He even states their revenue growth is dependent of the financing from the last PR:
Once we close on this small round of capital we will look to implement the next level of growth with acquisitions that will be much larger in size, leveraging current infrastructure, as well as targeting new, exciting, and high growth industries."
That's consistent to what Mrs. McDaniels said to me over the phone this morning.
I'm pretty confident we'll now see something concrete in the next 24 hours, but whether it produces fireworks is completely another story.
I literally just got off the phone with a Lonnie McDaniels with Halitron. She actually returned my phone call from another message I had left on her voice messaging system yesterday. Very nice lady to chat with.
I advised that I was an investor within Halitron and was requesting accurate information on the timing of the release of the quarterly financials from Bernard. She said they would be released at the end of today or the very next morning.
So that's what I can offer. If you want to call her and ask your self, call the number that's on the website... 203-360-2366.
I guess we'll now see how credible she is, which in turn, reflects how credible I am. I'm just happy I got a live person who works for Bernard and gave me an answer to my question.
I don't know what to expect, I just have to hope it's all good for all of us with a vested interest in this company.
So why does the pps keep declining then? Don't give me the charts or consolidation answer cause it ain't working.
Thanks for sharing, I guess I missed that.
All, try calling the number yourselves. I have a hard time believing I'm the only one who picked up the phone to try and communicate with someone at Halitron. Especially when there should always be concerns with the legitimacy of a pinky that your hard earned money is or may be invested into.
I like your glass half full approach. GLTY.
By enjoyable, I take you mean awesome product distribution news, up a huge 2 cents and then back down to new lows.
Like clockwork for LCLP. Reason being CEO and his peeps continue to sell.
Why do you think this?
Where are the audited financials? wasn't the FY over on June 30th?
Bob told me the SS "would be updated shortly"....that was July 27th. He no longer addresses my questions within my emails.
All these great distribution and order announcements can't lift this thing; in fact it goes down the day after. What does that tell ya?
Maybe its time to rethink ones investment. I "rethunk" mine a couple weeks ago and unloaded most of it. Thank goodness.
News only slows down the decline for that day. Gruder and/or his peeps are selling. No confidence in investment community until we see an audited filing showing revenue growth.
I'm sure I speak for many on this board that we appreciate you going above and beyond the call of poster DD duty.
Nice work and thanks for sharing.
Well we need news to create that pressure...no news =no pressure and here we sit.
At least it's not tanking.
The CEO has no magic...he attempts to casts his spell and initially it looks bright, intriguing and worthy, then it wanes and the hidden truth comes out and no one is impressed. In fact, some runs for the hills. Pretty sad state of affairs.
For example:
The spell is "S-1 is filed for future NASDAQ uplisting". As the magical dust settles, the S-1 is filed so he can sell more shares and fund operations, aka dilution.
That's why Gruder's slimy min my book.
Obviously it's not seen as an important task for them to perform and that sucks for everyone invested. Thanks Benarturd.
You can't believe that really? Who knows what this company is actually thanks to Benarturd
More pump BS. No news and this goes nowhere.
Bullshit....pumpers been saying that for weeks.
No news, no pump!
Maybe if there was news, but there's nothing.
Have to see it to believe it. GLTY.
...and it fizzles!
So much for being a breakout day.
Nothing new here. All this is baked into the current pps.
Hopefully it will mimic FPVD with another round of news.
Selling pressure returns. People not buying the whole S-1 filing for a potential uplist to Nasdaq...me being one of them. It's more about issuing more shares to run a business that he just may not be good at doing. I don't see ever where he mentions a team or additional help in making it a sound business.
That's the part I don't like about Gruder...he's a loner and slimy....paints rainbows and unicorns and hires stock promoters through shares. The timing of the conference call and the optimistic theme was all in an effort to support all the selling that's been going on since. I'll give him credit on the conference call by addressing questions that were submitted and all the efforts being made on driving sales for the Mobeego battery. BUT like I said before, show me the revenue.
Right now, it's very obvious no one is buying into LCLP ....literally and figuratively. Maybe it has something to do with his previous start-up attempts and poor outcomes. Maybe he's got it right this time, but the investment community begs to differ. with all the news, this should have been above a buck, instead it has no legs and slowly drops more.
Anyone try and reach out to the Benardturd via linkedin?
Better start adding already then. GLTY.
He doesn't even have to file by a deadline, does he?.... being a low level pinky et all. Are their consequences if he doesn't beside the pps going to shit?
Gotta admit, sure looks like something is wrong. I have yet to see this not trade some shares in the first 2 hours of trading and I've been playing it for months now.
That's just weird! and maybe not good!
Leaning to the bad.....otherwise, why not share good news if they had some to try and make the non toxic financing goal? I'm just hoping they/Bernard at least files. Very curious as to see what the SS is now.
What do you mean..."she doesn't look back"??? That's what she did the last run. She looked back all the way to the .002s. Give me a break.
If no decent news come Monday than Bernard shows his true colors....it's a big fat turd.
Suggest you clarify with the CEO your stance on what shares are being cashed out because I think we can all agree, there has been a lot of selling pressure that has gone into every PR that has come out the last month. So who is selling? Well the CEO, of course. Major dilution. As I said before, it just all depends if the shares sold and dollars generated are being spent wisely for the business purposes or going into that Bob Gruder vacation home in Malibu.
Straight from the CEO dated 7/27/16 to yours truly when I asked him about many things and this is how he addressed my question on the Mobeego purchase contributing to the selling pressure:
XXXX,
The shares pledge to the former owners of the Mobeego company are not available for resale. None of them are registered. Therefore, they are not entering into the marketplace. The OTC data is accurate except for the 10M shares in reserve. That should be updated shortly.
Bob
Not so fast.
If past behavior is indicative of future behavior, we'll see green for a while and then slowly fall back in the red.
I agree, this is good news and is another "pillar" to the LCLP Tower, but is it the pillar that finally starts supporting the next level. So far these other "pillars" that have been put in place have yet to make a difference in holding up the pps. There is still a selling theme. Maybe it's until we see the almighty $ start kicking in as a result of these pillars will the LCLP Tower start to rise.
I'm just wondering where and how the shares sold play in developing all these pillars. Surely the shares are and have been funding a lot. I just hope not someone's mortgages or vacations or poor business decision making. This is still a penny stock and does not require moral scrutiny by officials.
That's what many said before....at .60 and then at .50 and then .40 and now .30 or what you believe is now .35. There has been nothing to stop the drop. It's all been false hope. It's been selling pressure into the news and Bob Gruder won't address it even when I directly asked about transparency in the financing. I understand some things can't be shared, but in all my communications with him the last 2 weeks, he is withholding a lot of info he doesn't want the investment community to know and by now it's just about too late for the longs.
He'll reply, most of the time, I give him that.
bgruder@lifeclips.com
This was his response this morning (it was so short and didn't address any of my concerns, it was just a polite reply):
XXXXXXXXX,
We try to be as transparent as possible by putting news out. We have officially owned the Mobeego product for a little over a month and started shipping cameras in July. We are pleased by our progress.
Bob
You make it sound as if that was a bad thing. Holy cow, it's called smart trading!
If they set these same targets at the last run up, then that was a great move. I'm happy to say I was one of them selling at .0068. All they/I had to then do is sit tight for while afterwards and they/I bought back in at the .002-.003s range and this time do it all over again, but this time on free shares.
It's all about the timing and not getting greedy. Trading 101.
Until the company/CEO shows revenue, time and any fluff news will not get this engine started again....so lower we go. All depends if one has the stomach to endure it and whether it outweighs the belief that the worm will one day turn.
So much promise and yet so much selling, what does that tell you?
Give it some time, it will go red.
Is someone looking to buy that many thinking they'll get them at .002?
Can anyone explain why that 7MM+ keeps popping up every now and then on the bid at .002 by ETRF? What the heck is that about? meaning it comes and goes.
No one wants to address the elephant in the room.
No green close yesterday (which BTW you predicted) and there will certainly be no green close today. The downtrend continues because shares are being dumped....the questions is from where. My guess is some are coming from the paid pumper, techstockinsider, and some are coming from other sources that is funding the operations. CEO won't disclose when asked about it. I'm sure the SS has changed, we should know soon.
Only savior for the company/ceo/pps/investors is revenue and I would accurately presume the battery is the main driver for that since we hear little about the cameras. However, with the acquisition closing early July, after the 2nd QTR, we may see a big fat "zero" or next to zero for revenue again in the next financial release which is due on or by the 15th.
Long term play and it all rides on the success of the Mobeego battery.