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According to a couple of people on this board we were supposed to get ‘unconventional q’ two weeks ago. Have those people asked or heard the status on that it’s been nearly 9 months of no trading
I guarantee you that somehow he pulled more money in through let’s call it unconventional ways - do you really believe he was just late accidentally with the filings knowing we would be penalized hundreds of thousands ?
Where’s the consequential news and new fund manager?
You’re killing me
Sorry I just saw this didn’t mean to ask twice
Where are the filings that won’t cost anything now because they won’t be in the form we are used to? You must have asked him that?
So seriously where are the filings that two people on this board said for sure were coming?
That’s because he had his minions out there unwittingly spreading his lies. He can claim plausible deniability. I think the fact that he has put in writing that the Ks are being worked on right now and other things related to price action of the Ks are filed have subjected him to personal liability in the event of a lawsuit which will be coming soon if infrastructure announcement doesn’t contain his projects and the Al’s aren’t filed.
I have a text exchange sent to me from another shareholder depicting a chat between Ward and this person and he said it’s being worked on right now - IN WRITING. Also, my understanding is that the filing cost for k and q is 50 grand every time you file. And I’ve heard this from multiple sources I. The industry and it doesn’t matter how small the filing is
I don’t think anyone awards a non compliant publicly traded company any deals so I think he has to do the q’s first. If he does the q’s which he has told at least one person in writing that they are being worked on right now then I think there is a good chance something is coming. We will see.
If he actually does produce the q’s shortly I’d say that’s a very good indication there is something coming otherwise why spend 100k to produce them? Unless there’s the best orchestrated pump and dump in the history of pennyland to follow
So now I’m hearing he’s moving offices - you can’t make this crap up
Ward is telling some people that q’s are being worked on right now and meantime there’s no office phone? I think there is actually a sec requirement that there is a working phone contact for a public traded business. I hope someone has it in writing that he said the q’s are being worked on - if he put that In writing and it’s not true it is documented securities fraud
Do you really believe that the Q’s are in progress? It’s been 6 months. He has told numerous people during this time that they were imminent.
The index itself is solid so there is no reason why an etf based on the index wouldn’t do well. It’s a matter of selling it to advisors or 401ks which I. Any fathom how they haven’t been able to get a single client
Has anyone heard anything from lying Ward?
These are all fake trades. They are just buying and selling back and forth to themselves
It’s mostly selling
Do we know when they will stop dumping?
What does went well mean? This is a pretty binary type of thing. Either he’s getting the deal or he isn’t at this point.
Right now they have no product, they have no income, they are late filing, and they are diluting. Doesn’t sound good.
The fund won’t be owned by Lfap it will be owned by whatever advisor licenses the index. There’s no money in this model.
Where are you seeing a new fund manager will be picked?. I thought it said they will announce an advisor that will license the index. That’s totally different. It’s a licensing fee to use the portfolio breakdown it’s not the same as managing an etf based on the index.
Licensing the index won’t generate any money. This is toast. Bobby needs to be investigated.
I sold 10 million shares today. This has to pull into low trips before maybe it bounces assuming what Bobby says is real. But they are late filing and they probably have no money to file which means this will go to gray market and you won’t be able to buy.
Bobby absolutely misled shareholders
They’re also late with filing because they have no money and this will likely stop trading
Market cap is like 750k. The shell is worth 500 k which values this company at 250k. This is honestly ridiculous. Are they still in business even?
They don’t mention has
Don’t get so excited this thing is still at a low. Just to get to a penny it has to go up 500 percent. It was over a penny trading for a while a year ago
Of LFAP
Yeah but it’s radio silence. The stock itself is a total disaster but the infrastructure can be sold as is for magnitudes more than its trading at. I’m surprised they haven’t gone the route of selling this to a group that can actually get traction.
I have 10 million shares
I think we need to see 50 million shares a day minimum for this to really take off
Does anyone think this sees 3 cents again?
This thing goes down a whole lot easier than it goes up.
Call them and ask
The stock or the etf?
And that gets us back to where we were a year ago lol
The market cap on this is 1.5 million which is a joke. This has a ton of room to run just in terms of valuation. The infrastructure for the ETF is worth at least 5 million without assets.