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Re: None

Monday, 10/20/2014 8:26:49 AM

Monday, October 20, 2014 8:26:49 AM

Post# of 84332
Yes, let's pay attention...

I've been around this stock since early February 2013. LTNC was supposedly at bottom with .50, .40, .30, .20, .10, and now we have bottomed out at .035 even though the 52 week low is .025. Claims that any one of about a dozen toxic note holders "IS" done converting/selling would be the distinguished result of

a: Clairvoyance
b: Insider Information
c: BS

I know what I'm going with since there is not a single source of public disclosure on the matter that doesn't point to anything but dilution, dilution, dilution by ALL lenders involved.

Also, it is incredibly naive to think that conversion and selling are anything distinct when 50% principle is on the line with a stock that is sitting at a loss of almost 95% from it's 52 week high and total revenue averaged per branch is projected by the CEO to be 20-30% lower YOY. Let's not forget that the 52 week high is .50, but the all time high was about .80 last year.

With all that said, toxic note holders that still have principle outstanding are looking to secure their investment. This is done primarily through third party pump campaigns prior to major sell-offs and continued plummeting of pps. At it's current pps, LTNC won't be able to cover the outstanding convertible debt which I estimate to be about $1.5 million. I know, .03 is about 50 million shares, but don't forget about price plunge and the steep stock discount with conversion.

In my very humble opinion, we are soon going to see much more focused efforts to raise the pps which potentially presents a unique opportunity to gain on that effort if investors time their transactions right AND lady luck is on our side (no more OTC halts!!!).

Do your own DD, invest what you're willing to lose, and GLTA!