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Tuesday, October 07, 2014 9:07:49 AM
Gerald's propensity to dilute is well known.
Although L.P.C. can buy shares for as low as four cents I doubt if the share price will go back below a nickel unless there is an overall correction to the market.
Continued dilution is the norm for penny stocks and not the exception. Gerald is well aware of this. He was smart enough to have 153M shares approved for the 2014 Stock Plan to have shares available to more than offset the effect of future dilution on shares owned by members of management.
Stay tuned for news.
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