I don't want them shut down, only straightened up and following regulations and contractual obligations while respecting our rights.
If they do these things then I strongly believe in their right to raise additional capital using federal securities registration exemptions, preemptions of state law, and eligibility to register or qualify securities for public sale including through a JOBS Act crowdfunding portal.
We are just a few months away from seeing the final federal regulations under the JOBS Act, and I am expecting both ADIA and LVVV to be deemed eligible to rely on these new rules to raise new capital.
The only reason that might not happen would be if Bill, Tony and Shelly self-destruct before the date arrives when these new rules go into effect.
If you multiply the number of shares we know Asher received (more than 6 million) by the $0.10 price per share at which Bill himself sold shares a few months ago, it looks very much like Curt Kramer made at least $600K investing maybe $60K directly into LVVV in less than 12 months...
If the people who bought the LVVV shares at $0.10 had invested directly instead of investing through a broker, the full amount could have come directly to the company instead of going to Curt Kramer and others. With $600K+ of cash on the balance sheet, Bill Hodson could build a real business.
That is PRECISELY what the JOBS Act makes possible, for the first time in 80 years. Only a self-destructive criminal enterprise could screw up the opportunity that is coming next year, so we are all hoping that you are wrong about these guys being criminals.
