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Lost another branch manager today. That makes three turnovers since January. People are leaving because on no confidence in CEO and poor & immature leadership team in place with no experience and ease of deception. Just a train wreck with stooges patting each other on the back while branches continue further decline in revenues and managers sending out resumes. The ethics & integrity are as low as the stock price for LTNC.
Ryan Schadel has no idea how to run a privately held or publicly held company. What has helped LTNC as long as it has, is the ability to abuse what the SEC allows; dispersing of billions and billion of stocks that have no value (see .0000999) to pay off creditors and the loan sharing interest rates. Don't even think "B & C" lenders. If this was a privately held company the doors would have been shuttered long ago fro all of this idiocy. Unfortunately what the SEC allows for a leverage for growth is abused by the likes of Ryan Schadel's and the like. Free enterprise with all of its good can be a bitch, see LTNC statements for validity.
Do you know of any company this poorly run? Any CEO worse than this one? I dont. By the way your boy missed 2014 by 6 million dollars. Poorly guesses right?
CEO buys shares weekly along with internal LTNC directors in hopes that un-savvy investors will see volume traded. Pathetic attempt by CEO to spend time using ruse tactics to try to make appearances that trading is really happening. Like any good crook if they spent time on legitimate actions instead of hoodwinking they would create legitimacy. Not this CEO, the hole is too big now and the value & brand is irreversible.
Reeks with desperation a challenged CEO and his Yes Groupies trying to manipulate this stocks with false buys. At this price .0001 and .0000999 you lose pennies at the most trading millions of shares just to create an illusion. Pathetic, just reeks and leaves an oily stain of LTNC insiders in collusion. Be more original, this is exactly why LTNC fails at Future Forward Thinking.
Due your due diligence. SEC has to disclose holders and holding companies. Of the 49% that is non-owner 65% is to creditors and 25% is to Ryan's family, internal LTNC employees and Board of Directors. 10% is of open market and buyers. This stock past and present has never had a buzz or outside of LTNC no following. This is all family, creditors, and LTNC current employees and for the employees these are options for the most part. This is not even a national or North American territory stock. All Georgia and creditors.
Think modern day stadium. Now visualize only 44 total people in stands. LTNC has total stock holders holding 20 Billion worthless shares at now .0000999. This fart bubble has burst and all that is left is the pointing. Schadel would say buy more there has to be a horse in all of this crap. Wipe twice.
What's left is for all investors to place their shares in a nice stacked pile and kiss them all goodbye. If you are among the many you know own one big stinking pile of worthless paper. This CEO resisted what experts told him to do and his ego could not help but destroy a possible gainful stock. Think Napoleon complex add on financial ignorance, and a butt load of total inadequacy to be a CEO at any company or level. Flexibility, integrity, and the ability to correct your mistakes was not the backbone of this CEO. As people now see failure and financial destruction is his trademark in all of his endeavors. Raising money and expectations helped him but 44 stockholders only bought from this Buffoon so few bought in to him as a sum whole. Can't pay enough for DD.
One thing I noticed through coding in Bozo's statement disclosures, in order.
LTNC:
Liens
Taxes
No bid
Closing
All there in the abbreviation.
Back the hearse up this body the plug is being pulled. Never once though we're there any brain waves.
Problem with stating an investors is riding in on a white horse to save the day is all of the toxic debt, liens, bad collection debt, stock value bottomed out, 70% of branches not covering costs, branch locations have no value, LTNC does not have a customer base or branding that makes them viable in 12 months, and stock is too manipulated and too many shares out there with any recoup of 36 months. Better and safer companies out there to invest in than this house of horrors. LTNC still has February & March slowest months and monies ain't coming in. Call the funeral home and send the hearse this company is DOA.
It's the old saying, "ignorance is bless." Limited intelligence and common sense are buffers and barriers to stupid people. LTNC has been a long suffering testimonial to that. Millions of dollars lost, fines, liens, and free falling revenues are Ryan's legacy. Imaging living with this debacle as your reputation. LTNC we have a problem and it goes by the name of Shady Schadel.
So true and on point. The second tier to this spectacular failure is Ryan's belief that turnover and no staff to run offices. Along with truly un-experienced and inexperienced current & past upper management hires. Others try to build a Dream Team of specific strengths & talented people but Schadel needed "Yes" people due to his intentions of misleading actions that he needed to accomplish to raise funds through deceit, where talented people would not have supported on going deception & falsehood. LTNC's was not built to last. What good came out of the millions upon million mis-spent and misappropriated?
Shares are bought by Ryan and his Hole in The Wall Gang to make it appear as if there are buyers out there. They think this will cause interest and set off a buying spree. 44 total stock holders and 60% are creditiors. Do the math. Ploys, shenanigans, and hoodwinking all by our Boy Gilligan.
Gilligan in most recent statement is halfway alerting that options for viability is slim with no lenders lending and spelling out competition having control in LTNC markets. Any lawsuits or workers comp hits would be the nail in the coffin. Shady has proven over and over he will do it the brainless/his way but it appears the mountain of troubles he created will be to big to overcome. The concession to bankruptcy space has been written now all that is left is for Shady to decide on whom to blame. Gonna be epic from Shady on who he blames. Think Gilligan doing a Madoff impersonation.
I'll say it, no bid no bid. Love the statement where it says, "Losing Ryan Schadel would be a detriment to LTNC. LTNC will not be able to survive without his leadership." Talk about "death be not proud" Gilligan shipwrecked LTNC. Great example of bad leadership from CEO to Directors to Vice Presidents, just fascinating the incompatence of leader and management. No Confidence = No Bid.
The bell has truly been rung. Ryan on his listing even said that no favorable loans can be secured. January and February tanked in revenues that mid-March Ryan tosses in the towel. This turkey is done. Debts, payroll, and no favorable loans to be had this one trick Bozo is out. No coming back, it's dead ends in all directions. The deceptions have come back to haunt Shady. Sayonara my ethically challenged CEO, you tried yo be a Captain of Industry with a Gilligan brain.
Just stock holders trying to create a false frenzy. This is in the Desperate CEO handbook 1st Chapter, next move is a glowing "foward thinking" PR release, followed by "amended finacials" previously stated. I have a coupon book for $500.00 off for a bankruptcy attorney and you will receive a free shredder.
Just fluff and puff trading to appear as if there are buyers and sellers. No gains no losses for Ryan's attempt to get the market to think there is activity. 44 stock holders ain't alot of interest in this one trick pony. Pathetic maneuvering by this desperate Buffon. Opening and closing bell hasn't meant anything to LTNC in 40 weeks. .0002
My favorite statements: forward thinking statements and 2014 audited results may need to be adjusted. My favorite move by Bozo is to make a last ditch effort in paying $2,500 to get a positive public statement from a truly questionable message site. The gerbil of Wall Street. Let the bankruptcy negotiations begin.
Forward thinking are for companies like Apple, Micro Soft, Samsung, and LG, companies that have proven their Merritt and worth whose forward thinking proven history of smart decisions and business practices. Pull any from above where LTNC has shown .0002% of that. The bar is low and LTNC still stumbles before even getting to a positive measure. Vote no confidence on CEO and the current management team. Impotence best describes their tired clown act.
It's incredible that Ryan makes all of these moves thinking that no one will see through his desperate attempts to legitimize his in aptitude in running a publicly held company. It's understandable to reach for anything as everything is collapsing around you but at least try to be creative in attempting deceit knowing people are more savvy than usurping a non credible Internet company to promote such pablum. Can anything that LTNC surrounds itself be truthful & factual, and not so transparent in every desperate move that CEO does? This company truly has shown, "If you're willing to read it we are willing to say it." Integrity Challenged CEO.
Read Princeton' disclaimer and fine print at the bottom of their posting on LTNC. Read it all. Just another rouse of Ryan Schadel to pay $2,500 for a rouse of paid PR. It states "future statements" liberally like Shady's release. This is a small one man shop shopping any company that is willing to pay during desperate times. Unoriginal and transparent is in every move Schadel does.
Come on people the trades that happen every day at .0002 even asking for .003 are Shady, Shady's family, and the "Yes Groupies" in LTNC. This is supposed to be a reputable & professional site. Do your research, due diligence, and research, it is all verifiable and easy to find. 44 entities and people own this steaming pile and with the BOD's, Shady, Shady's wife, Shady's holding company, Shady's father (on payroll too) & mother, BOD's family, LTNC Yes Groupies, and CREDITORS, that takes up the 39 of 44 TOTAL STOCK HOLDERS out of tens upon ten million of stock holders trading on the boards. Ain't no one being fooled. The percentage .0002 is also the interest this stock has in buyers & investors. Beyond bottom feeding.
Does it say anything about a Death Watch period?
Trading firms pronounced this money pit DOA in October. Pumping Viagra into this bottom feeder couldn't get this past .0002. To Shady the Minus Touch CEO of the year.
LTNC went boom long ago. Now bust is upon and all LTNC can manage to muster up is a dusty old fart that just passes as hot air....same song and dance now no one listens. Kinda reminds me of the CEO. Vote no confidence, there's no beach worse than a slow one. Video killed the radio star and Ryan killed the penny stock.
It's Shady who is buying. He thinks if someone is buying that there is belief in this broke company. From the Desperate CEO Last Resort Manual. First Chapter: second paragraph, right after put out Rosy Robust PR statement. In following; CEO and Yes Groupies are to buy worthless sub-penny stock to make it appear as there is interest and buyers. Desperation makes it easier to see such transparent desperate moves. 44 stock holders stuck on .0002 for 20 straight weeks. The vultures are circling but the meat is gone.
This worse part of all of this is Shady will take this company down on his terms instead of managing it for the best possible solution for the investors. Since it's his company in his mind, damn the investors. His ego is to dependent on the false competence & confidence that has been a destructive pattern to all of his business history. He even blames the creditors & investors for his own mismanagement and incompatence. The constant mistakes have created a bunker mentality between what could have been righted to dismissing investors concerns as bothersome burdens. Shady is another prime study in narcissistic ego over responsibility to investors. Better to throw out the baby than change the bathwater. Idiocy and stupidity fail to paint the right picture for this Buffoon of a CEO. 44 stock holders and .0002 don't lie.
Finishing my closing prices for today. Did LTNC close again for the 17th week in a row again at .0002? That's pretty far amount for those comparing this to Apple stock. Even the fruit sells for me than that. All hail to the Man with the Minus Touch. No one can scare off investors like Shady. Skoal!
Good Ole Shady is dying right now, he has not put out a Securities Registration Statement in 12 days. The longest he has made it before is 9 days and the trend was every 4 days hence. Hoping to go past 12 days without giving shares to creditors was his way of creating false buyer confidence. Knowing another SRS is forthcoming this one's gonna be the big one, 20 Billion. Shady was hoping to put off until end of month but additional stocks are needed. Not even pennies on a dollar, Shady even gives Bozo's a bad name. The Minus Touch Man of the Year.
cpw13154 check for fever you sound delirious. Shady must have you turned inside out with his habitual ineptitude as a business person and so called CEO. When you wake up from this episode you will still see LTNC as always at .0002 and the toxic debt will still be there along with the fines, liens, penalties, growing interest on debt, and banks still not taking Shady's calls. No changes except Shady now calling bankruptcy attorneys to see if they will represent LTNC with LTNC stock shares. Just a living nightmare.
Shady keeping his word left the building long long long time ago. The master plan now is dialing for any investors. The panic started November, December came the urgency, January brought pure desperation. No figures, no PS's, no revenues, and the bubble is ready to burst. Run Shady run. The sand dial is down to its last granules. Saw the fat lady asking for payment in cash before she sings, Shady tried to pay her with stocks.
$2.00 soon? How much 20 billion of LTNC stocks will be worth this week? Can you hear the mob of investors rushing to buy into this carcass?
These PR submissions from LTNC and the Keystone Kops that produce this type of transparent propaganda is Act 3 of all stock held companies before the pending collapse. It's chapter and verse to the T. Shady had his inexperienced admin lackey, sorry I meant his admin assistant turned Director to put that out. There is no talent in field or corporate I repeat there us no talent in corporate or field. The talent and experienced fled long ago. LTNC would suffer progress and profit if Shady turned to people with growth experience and strategic disciplined planning like he once had but Shady likes short cuts and ethical trade offs and surrounded himself with "yes groupies". At .0002 this Buffoon of a CEO has given LTNC investors more bad strategy than their money could sustain. 44 total investors, yeah people have money in hand waiting to give to Shady more money to lose. At least through all of this Shady and his family made out ok.
Stocks are way to diluted and worse they are paid to creditiors. Stock will never be more than .0003. Reverse split won't turn it. Bozo will try it knowing it is still doomed.
Bad credit, no credit, no credibility, no assets, liens, fines, penalties, crushing interest compounding, revenues free falling, company non-disclosure of January & other financials, past, previous, & upcoming toxic debt, and a crushing audit. 44 listed stock holders. The Minus Touch. CEO proven failure record. Yeah this cubic zirconian is a diamond in the making. It's great finacials that make the CEO NOT great fiction.
Amen to that. You stated it perfectly. Shady does not even have an exit strategy. The shredders will be unplugged and LTNC will just not exist one morning.
That is true but do your DD and see for yourself where the holders are. 80% of the holders are family, CEO, Creditors, and current employees. 80%! Millions upon millions of buyers out there and this stock only has single digit worth of buyers after 40 months of opening. Bad decision can be hidden through 3 or 4 business quarters but the offering price don't lie. Millions if shares go to pay Creditors which can be fine, but when current, past, and future debt along with fines, liens, and penalties plus months of declining revenues, investors smell more hidden problems. When Bozo says offering, he means, I'm offering to say anything you will believe to get you to part with your money. At .0002 it's no longer an investment it's just blind charity.
Think about this; millions upon millions of people invest each hour on the board. All looking for a stock that has some payout small or not, long term or short term. Of the millions who trade daily the grand sum of stock holders is 44 people and that sum of people breaks down to less than 15 people taking this stock per year after 3 years of starting LTNC. Take away Shady, Shady's spouse, Shady's father, and other family as well as internal staff, BOD's and creditors, the sum of non affiliated stockholders is in the single digits. At .0002 value and historical miss managed and over projected and under performed, LTNC stock is on its deathbed. The CEO has shown no brain waves after 12 Quarters of gigantic failure and with no real BOD to intervene, this stock will be pulled. At .0002 with this Bozo at the helm you can expect bankruptcy.
Here is the leadership team that is supposed to change this negative stock around. Shady, wife of Shady, Shady's father, friend of Shady's wife new COO, and inexperienced under qualified admin assistant now a Director, and a integrity, ethically challenged new VP with no experience in corporate success from a relieved competitor. This ain't no Dream Team and challenging Shady is not why they were put in place. .0002 .0001 Dream Team baby!.
There is no coming back. Talent on leadership team and management team along with managers and quality staff left long ago. Promises broke, bonus plans not fully paid then changed over and over and over again. People knew branches were shuttered and integrity from Bozo was abandoned. November, December, January, and now February revenues collapses. Branch teams do not sell regularly and expenses to managers are too low for them to be in field. Employees and competitors know of the fines and liens. Turnover sky high and no talent is forthcoming. Leadership to corporate skeleton staff is not experienced and lacks talent and vision to move in new direction and if it's not Bozo's idea it won't happen. Lastly only 44 stock holders only 44 stock holders. There is no salvage nor is their interest in stock investors. Shady blew this thing up with unabashed arrogance and he can no longer skirt around his own PR statements. Auditors are to verify and account for and Shady's words are not what can be verified. LTNC is a cash cow and Shady butchered the cow long ago and sold the spoiled meat and hide long ago. All he has left is the collar. Vote of No Confidence could salvage any other company run this way but there are only two on the board. Just a dry rotten lemon and no chance at lemonade at .0002 .0001.