Hi. You make good points and I would be careful here until they become fully reporting, as there are no guaranties. I haven't checked their By-laws, and wonder if they can increase the number of authorized shares without shareholder approval. Also, just to share a dismal experience I had with a pink: Zig Ziegler and Motion DNA. I was one who believed what he said for years now and then watched my investment turn to trash-he said they would become fully reporting too, among a zillion other promises never kept and he made countless FRADULENT statements in PR's about contracts, patents, and buyouts. The only PR's that had truth were the ones announcing reverse splits, forward splits, i.e., messing with our shares, and I have absolutely no faith or trust in him or the company, as I believe shareholders were mislead.
I've been watching and researching this company for a while now. The DD shared here has been great, and I thank everyone for it. A few seem to know this CEO personally and have respect for him. To that, I can only say that I used to have respect for Zig and the company, but now about 4 years later, he has proven himself to be a liar. That's the thing--can we trust this guy? Does he really know how to operate a business and have a sound business plan? This LBWR doesn't really act like a pink, but then again neither did Motion DNA 3 or 4 stock symbols ago.
I do like the current relatively small number of OS and the float and especially the contracts they seem to be landing from legitimate companies, so I'll be watching and doing more DD. Just not sure if I'm ready to buy yet...good luck everyone. Just my two cents.
