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You post multiple posts, we may ask SEC watch this stock
Phone # sec his name is Randoff 202-551-6321
Just got call back from Steve that everything looks OK. After 1-2 weeks, most of things will be clear, No RS he mentioned again.
Cell 954 707-0216Office 954 575-7296
Steve Bazsuly steveb@presidentialholdings.com
It always tradeable, I bought some before at higher price.
The CEO just help short and mess up investors, why not ask running123 to this board, we are not bash this stock (still hope this stok go up), just protect us (new or old investors).
I also did, may also call the IR person to suggest the company/CEO to cancel the RS.
Hard to buy at 0.01 now, 0.02 might still very cheap
Symbol: GWGD L2 Summary
Bid Level #MM's Size Ask Level #MM's Size
0.0110 1 5000 0.0140 1 5000
0.0100 1 5000 0.0220 1 5000
0.0085 1 5000 0.0300 1 5000
0.0080 1 5000 0.0900 1 5000
L2 Quote:
MM on Bid : 6
MM on Ask : 6
MM ID Bid Size Time
SBSH 0.0110 5000 06:52:40
UBSS 0.0100 5000 06:52:40
VNDM 0.0085 5000 06:52:40
HDSN 0.0080 5000 06:52:40
MAXM 0.0050 5000 06:52:40
RBCM 0.0001 5000 07:11:08
MM ID Ask Size Time
UBSS 0.0140 5000 06:52:40
HDSN 0.0220 5000 06:52:40
SBSH 0.0300 5000 06:52:40
MAXM 0.0900 5000 06:52:40
VNDM 0.1500 5000 06:52:40
RBCM 0.5100 2500 07:11:08
Yes, please send email to jholmes777@aol.com asking for cancel the RS. He did the math might not correct. Without
the PR about conversion, the stock has already gone up.
SLSY file a lot of PRs after RS, why the stock keep down?
I lost a lot of money on this stock, when I bought it, the CEO said it was cheap. How much money cost to do the convert from A to B?
We need projection from the company, but could not reach them.
Any one ask the company/CEO about the info below, it looks like not too complicated to develop the software and testing.
============================================================
Jim Holmes, Lifeline’s CEO stated, “We are in the final stages of negotiation with a major southeast Asian based university to complete development of the software technology which provides the capability of the Company’s First Warning System™ to assist in the early detection of breast cancer. Lifeline has been working with engineers at the university for several years on an informal basis and a contract for a formal arrangement will be concluded. The software development is expected to be completed near term. Upon completion of the development involving the analysis of approximately 100 to 150 patient data from women previously tested using Lifeline’s First Warning System™, additional clinical testing will be undertaken in order to validate this cutting edge technology. To date, the development has indicated a potential breakthrough in identifying breast cancer and the false positives and false negatives have been within acceptable levels.”
some one can sell at 0.0001. Which mean new investors are still think it is a good to buy.
will be it good, some time, the company just give us samll amout of another company's stock, but currently one drop a lot.
Any news for pclo?
We already know detail of the conversion quidline, any new ideas for this week?
Have you read my post, the target price is higher for gwgd, but no body buy yet. Still have the hope
http://www.investorshub.com/boards/read_msg.asp?message_id=20005310
looks like the conversion guideline is clear. If the company really want the stock goes up, they still release good PRs (they should have done dilution at 0.0001 a lot) before RS, and the ask might be >= 0.0002. IT make no sense for the company want to sell/short for the CAP at 1 M instead of sell when the CAP reach 10X (10 M) or 100X (100 M).
then, it is a different story, after get more money, one still buy this stock later before or after RS.
http://www.stocktargets.com/cgi-bin/ticker.pl?command=lbtn.PK
LBTN.PK stock closed at a price of 0.0001 yesterday. The average 12 months target seen by StockTargets users is 0.0048, which suggests a future performance of 4699.9%.
Best wish if no sell from company/investors, we might have the
following target for lbtn after RS.
============================================================
After RS
1 w 0.0017 1599.9% 2.72 ~ 3
1 m 0.0029 2799.9% 4.64 ~ 5
3 m 0.0033 3200% 5.28 ~ 5
6 m 0.0038 3700% 6.08 ~ 6
12 m 0.0048 4699.9% 7.68 ~ 8
============================================================
why buy/sell at 0.0001? after RS, pdsf.pk hold at 0.1 very well. should be same as lbtn. the conversion may good for both the converters and non-converters.
http://www.stocktargets.com/cgi-bin/ticker.pl?command=GWGD.PK
GWGD.PK stock closed at a price of 0.01 yesterday. The average 12 months target seen by StockTargets users is 0.69, which suggests a future performance of 6799.9%.
looks like after RS, is is good for new investors to buy at < 0.1 level.
not clear, it reach at 0.0002 and the ask is 0.0001. This is strange stock. looks like the company want hold at 0.0001 level. Without the conversion PR, this stock I guess already goes up. Any suggestion/hint is welcome. After the RS, this stock will be 0.16 (actual value will be $1 based current value of 0.000625/share).
almost every day has the PR, why the price still not goes up?
I am not clear about lbtn want the lbtn goes up or goes down?
you will see a lot of stock has ask at 0.0002 (lbtn/fsmh), when trading the ask back to 0.0001. Thanks!
how can it can goes up, it is hard to stay at 0.0002
IS any one contacted with the company recently?
are you still do the conversion? will be any good news before July 1 2007?
do you plan to sell a loss? will the company push the stock up?
looks like the stock chase me. always lose. Do you plan to do convert?
good to do convert or not?
Your understanding of "1/1600 @ .10 or market" may not correct
looks like stay where it is. convert back and forth also cost money. It will be tank between Dec 31 2008 and March 2009 I guess.
lbtn.pk PR out, do you plan to do convert?
lbtn.pk PR out, do you plan to do convert?
Only make lbtn success, then both the converters and non-converters are good. After RS, the price will be 0.16, all of us expect the price will be above 0.1. The converter also lost money if "after March 31, 2009, at a redemption price of $.01 per share of Preferred Stock", lost 1/0.0625~ 16 times.
Have you read the URL at
http://www.lbti.com/stock_exchg_info-05242007.html?
I worry about the "Illustrations of conversion rights"
and "Right of Redemption". Any suggestion is welcome.
Thanks!
what is the CAP that time, the price is meaningless.
Preferred Stock Exchange for Common Stock - Information Statement INFORMATION STATEMENT
http://www.lbti.com/stock_exchg_info-05242007.html
LIFELINE BIOTECHNOLOGIES, INC.
Offer to Exchange Common Stock
Dear Shareholder:
The Board of Directors of Lifeline Biotechnologies, Inc. has approved an offer to exchange all its issued and outstanding Common Stock for a new Series B Convertible Preferred Stock.
If you own Lifeline Biotechnologies, Inc.’s Common Stock as of the close of business on May 21, 2007, you will have the opportunity to receive one share of Lifeline’s Series B Convertible Preferred Stock for each Sixteen Hundred (1,600) shares of Lifeline Biotechnologies, Inc. Common Stock that you submit for exchange. The minimum number of shares of Common Stock eligible for the exchange is 25,000 shares. The deadline for accepting the exchange offer and delivery of certificate to Lifeline’s transfer agent is June 15, 2007.
This Information Statement is being furnished to provide information to our shareholders about the terms and conditions of the exchange offer and how to elect to participate in the exchange. It is not intended as an inducement or encouragement to buy or sell any securities of Lifeline Biotechnologies, Inc. You are not required to accept the exchange offer. However, the Board of Directors encourages shareholders to participate in the exchange offer and hopes as many shareholders as possible will accept the offer.
Neither the Securities and Exchange Commission nor any state securities administrators have approved the Lifeline Common Stock to be issued or determined if this Information Statement is accurate or adequate.
Sincerely,
Jim Holmes
Chief Executive Officer
May 24, 2007
The offer to exchange Common Stock for Series B Convertible Preferred Stock (“Exchange Offer”) culminates a lengthy process during which the Board of Directors of Lifeline Biotechnologies, Inc. concluded that it would be in the best interests of the Company and its shareholders to reorganize the Company’s capital structure by substantially reducing the number of common shares issued and outstanding without eliminating the rights of current shareholders to continue to hold an equity interest in the Company and participate in the Company’s growth. To provide you with a better understanding of the Exchange Offer, we have provided information that will take you through the Exchange Offer process.
Questions and Answers about the Exchange Offer:
--------------------------------------------------------------------------------
What is being offered under the Exchange Offer?
The Exchange Offer consists of an offer to exchange Common Stock for shares of newly created Series B Convertible Preferred Stock (“Preferred Stock”)
What rights will I have as a holder of Series B Convertible Preferred Stock?
Each share of the Preferred Stock will have one (1) vote on all corporate matters which require shareholder approval, in the same manner as your Common Stock. In addition, you will have the right to convert the Preferred Stock into Common Stock at a later time subject to certain conditions. Lastly, the Preferred Stock will receive the same dividends as the Common Stock, if and when declared by the Board of Directors.
What are the terms and conditions of the conversion rights of the Series B Convertible Preferred Stock?
No conversion of Preferred Stock to Common Stock can occur until after December 31, 2008. Thereafter, at your option, you may convert the Preferred Stock into Common Stock. For purposes of conversion, the value of each share of Preferred Stock will be deemed to be $1.00. The number of shares of Common Stock to be received upon a conversion will be based on the value of the Common Stock at the time of conversion. That value will be based on the greater of the average closing bid price of the Common Stock for each of the ten (10) consecutive trading days immediately prior to the date of conversion or TEN CENTS ($.10) per share.
Illustrations of conversion rights:
(a) The conversion rate is the greater of market or $.10 per common share. Assume you hold 1,000 shares of the Preferred Stock. Assume further that the market bid of the Common Stock is $.50 per share. The number of shares of Common Stock which you can receive upon conversion will be 2,000 ($1,000 divided by $.50 per share);
(b) Assume you hold the same 1,000 shares of the Preferred Stock. Assume further that the market bid of the Common Stock is $0.05 per share. The number of shares of Common Stock which you can receive upon conversion will be 10,000 ($1,000 divided by minimum price of $0.10 per share). The $.05 bid is below the set minimum of $.10 per share.
Right of Redemption:
Lifeline Biotechnologies will have the right, after appropriate notice, to redeem all or part of any outstanding Preferred Stock after March 31, 2009, at a redemption price of $.01 per share of Preferred Stock.
Will the Preferred Stock be transferable or trade on a stock exchange or other public market?
No. The Preferred Stock will not trade on any stock exchange or other public market.
What is the record date for Shareholders eligible to participate in the Exchange Offer?
You need to have owned Lifeline Biotechnologies, Inc. Common Stock as of May 21, 2007 in order to be eligible to accept the Exchange Offer.
What do I have to do to accept the Exchange Offer?
In order to accept the Exchange Offer, you must tender no less than 25,000 shares of Common Stock to OTC Corporate Transfer Services, 53 Maple Run Dr., Jericho, NY 11753, Lifeline’s transfer agent, delivered on or before June 15, 2007. The certificate for the shares tendered must arrive at the Transfer Agent’s office on or before, June 15, 2007.
How many shares of Series B Convertible Preferred Stock will I receive in the Exchange Offer?
You will receive one (1) share of the Preferred Stock for each Sixteen Hundred (1,600) shares of Common Stock delivered for exchange.
What happens to my Common Stock if I do not choose to accept the Exchange Offer or if I do not deliver all my Common Stock for exchange?
Nothing. You will still own the Common Stock that you did not deliver for exchange. However, the Board of Directors has approved a 1-for-1,600 reverse stock split of the outstanding shares of Common Stock which have not been delivered for exchange. The reverse stock split is expected to be effective between July 1 and July 15, 2007. Further information on the specific date of the reverse split will be made available through a public announcement and a posting on the Company’s website.
When can I expect to receive the Series B Convertible Preferred Stock, if I accept the Exchange Offer?
We expect the certificates for the Preferred Stock will be sent out on or before July 31, 2007.
Who Can Help Answer Your Questions ?
This Information Statement is posted on Lifeline’s website at: www.lbtn.com. Shareholders of Lifeline Biotechnologies, Inc. with inquiries relating to the Exchange Offer should contact:
Investor Relations
Big Apple Consulting
1-866-The Apple(e) 1-866-843-2775
or
Lifeline Biotechnologies, Inc.
1325 Airmotive Way, Suite 175 Reno, NV 89502
Email: jholmes777@aol.com