I apologize.

I'm in with quite a few calls at $7.50 and $8.00.. for the 23rd have to risk it to win it.

The Company also intends to file an information circular describing the transaction in detail next week, and expects to seek approval for the proposed Plan of Arrangement at a Special Meeting of Shareholders and meetings of applicable creditor classes (collectively, the “Meetings”) scheduled for August 25, 2020.

Now I understand why you don't make money. Keep taking decisions based on barchart. You'll be broke in no time.

Why are you posting that, I already read it. No voting on common shares tomorrow. Believe what you may.

the voting for the r/s will be held on August 25th, 1 month from now. So tomorrow will be a good day, enjoy it.

Only the issues and outstanding shares are split. Now, that makes sense. You are right. Thanks.

Reverse stock splits don't affect the number of authorized shares, but a forward stock split issues new stock from the company's authorized shares. When new shares are issued by a company, it adds to the number of outstanding shares and reduces each shareholder's percentage of ownership in the company. This is called dilution, and it reduces the value of each share. Authorized shares represent a potential for stock dilution.

Authorized Shares
When a company incorporates, among the things the owners of the company decide is how many shares to authorize. Authorized shares are the total number of shares of each class of stock that the company has available to issue. If company management wants to increase the number of authorized shares, it must obtain the approval of the shareholders via a formal vote. Stock splits affect only the issued and outstanding stock -- the authorized shares don't split.

Reverse Stock Splits
A reverse stock split diminishes the total number of issued and outstanding shares of a company's stock, but it does not affect a shareholder's percentage ownership of the company. Because the shares have been previously issued, it does not affect or add back shares to the number of authorized shares; it simply condenses the number of issued and outstanding shares. An example of a reverse stock split would be a 1-for-50 split in which the stockholder exchanges 50 shares of pre-split stock and receives one share of new stock in return.

If the r/s is 1/1000 and the a/s is 500 million then the new share count should be 500 thousand, that it self sounds pretty stupid, because the share count would be ridiculously low. So, I figure they will need to raise the a/s to like 10 billion first, in order for the r/s to make sense. I'm not too sure a 1/1000 r/s make any sense at all based on the amount of shares they have. Jmho!

Now the company has only 500,000 thousand shares ? 500 million divided by 1000 = 500,000.

Looks fake to me!

Wrong! Don't believe everything you hear.

Wait for tomorrow and see a real run. Too many banks and partners on luckin coffee plus if the company is to be delisted it will take years to happen. I'm comfortably waiting for this to go over $20 in a month or two.

I bought a boat load of call/options and I'm positive it will have a run, how high it will be, that depends on the news. Expecting news around 3 to 4 am.

Nope! Shady lookout for an unforgettable trading session tomorrow.

It did. Fox business news.

It is called misdirection. One of the most powerful tools in the scumbag's book.

Let all the companies in distress or on the brink of bankruptcy go to hell.. emerging businesses will take over and they will know how to not overpay their executives and save money for situations like covid-19..

You were saying?

If bankruptcy .01 cents is imminent.

Chapter 7 means they are done. Chapter eleven they can restructure, but doubt they will be back in business, JCP is history, you will never see them in business again.

True that!!!

We live by men rules not God and men rules allows him to scam ppl out of their cash.. human kind has forgotten about God, that is why so much blackness is covering our world..one day is all it takes to wipe us out of this non deserved wonder called (earth).

Lmao!!!!

Keep repeating it and one day you might get .0002 for 3 seconds and then back to the same pattern no bid to .0001 for another year...ltnc if ran by a decent CEO would have been an amazing investment but sadly the piece of garbage that runs it is to greedy..

I'm pretty sure if anyone on this board was making money in any other penny stock they wouldn't be wasting their time repeating themselves over and over again so i gess everyone here is broke. If anyone here was scammed by Ryan they should take legal action, if they feel Ryan did anything illegal. If you don't think you can't beat the system then join it and play along, otherwise penny stock market is not the right place for you..

The dump truck passed to pick up the garbage, and I forgot to bring mine out..anyone knows when the due date for the next dumpage is ?

Lol!!

Ryan as a CEO is a POS but he is definitely the best at keeping ppl on a room repeating the same shit over and over.. can we talk about his. I propose to make a film based on a true story (attempted heist at gun point gone wrong) maybe he will win an oscar..

Public shame.. when you say public it means ppl can be share holders of a company where they can make profit out of their investment, if the same company is not making a buck and the CEO is losing weight because he ate all the share holders money, ltnc should not be called a public company rather a private buffet..lol..

You call labor smart a public company.. I actually call it a public disgrace!!!

POS Ryan putting out safe harbor statements. Getting ready to hurt ppls pocket.. I hate this mother F..

From Twitter:
Due to anticipated upcoming events, I have updated my personal disclaimer to include references to Tyr Equity, Inc. https://t.co/6UdDqPDjRa

Ryan Schadel’s Safe Harbor Statement and Disclaimer

It takes a lot of discipline,courage, respect for others, humbleness and least for not last, heart and POS, CEO wannabe does not have any of the above.

I'm not trying to hurt anyone here, but this freaking guy is a failure and a scumbag.. just google his name and tou will find out this guys has 0 money 0 business, credibility and always in court..

CEO is a scumbag. Company is crap. Ventures even more crap.. fock pinkyland, is all scam, legal way to rob your hard end money

No that I own bitcoin but why will you laugh about others misery, that is awkward..I apology if the laugh is for schadel..

Lmfao..I want some of what he is having!!!! hilarious..

More secure way to do it. Even though it will take like 4 days once you buy in coinbase to, to be able to transfer to binance..but security is first..

Bye, bye ltnc. Rest in peace.. your fate has been sealed..ty POS ryan great work.. the only good I take out of this whole dilemma is, you don't have a freaking dime..you are broke. that makes me so happy..

I guess that is how you spend your day, watching!!! Go to work buddy watching don't make you no money unless a security guard position..