I sent Troy this email today:
Troy,
I received your last email, I read it and waited until I read all your emails and news. After that I have also read several opinions in a forum and had came up with my opinion.
First of all, I want to tell you that I have invested $150,000 in this company since last year, and I hadn’t sold a single stock. That said, I really believe in this company, and after a year without any price improvement I was so excited when you started publishing all this news about going national in Walmart, Bestbuy.com, all those Christian Stores, new platforms, Cloud 9, Webinar, significant increase in sales, etc, etc, etc.
I saw the price per share got better very fast within a month, and that was all because of the good news and people starting to see the results of what you have done and knowing that it was the beginning of a new stage of this company. I think that the price of the stock needs to raise by itself until it gets around at least a dime and keep there for a while (or even better) until it shows that investors are really confident of the results, and that LFBG is a real solid and brilliant company with great products (which I know it has) that even though it has debt it’s doing everything to correct that (pay debts) through increasing sales and having a solid strategy, not by using stocks.
Have you ever stop to think what would happen if this quarter sales aren’t as good as you expect? How badly it will affect this company?, I understand that this quarter should be excellent due to the Walmart campaign, radio ads, and that you could start Tv ads and everything, but I really think it’s too soon to start thinking about getting listed in Nasdaq, Amex or any major exchange board when we should be thinking in developing games for new platforms, expand, make everybody expect new releases from us, consolidate in what you do, see the price of the stock maintain at a decent level, not only peaks for a couple of days and then, only then, start thinking about major listings. There are penny stocks that base on a patent or a great product see their PPS climb really fast, sometimes it keeps going up because they deliver a great product or service and sometimes are pure rumors and you see the price go down even faster. What I am trying to tell you is that we should let the price go up because investors want the price to go up base on fundamentals, stop diluting more stocks that are affecting the company, get into agreements with the people we owe money and stop paying with stocks and basically increase our sales. I know it’s not easy to accomplish all this but I think there has to be different ways. So, let’s try to get the stock price at a decent level and maintain it there for a while for the sake of this company.
I really think this R/S will hurt this company not to mention if we do all those seven just to try to get to $3.00, it could do just the opposite.
I understand you are receiving a lot of opinion from all investors and that it should be exhausting but this is my humble opinion.
Have a blessed day, and me and my family hope for the good of this company