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Re: DD2Gain post# 17660

Thursday, 10/30/2014 6:43:46 PM

Thursday, October 30, 2014 6:43:46 PM

Post# of 84325
Now that's what I am talking about. That's how the LTNC board and as a matter of fact all boards should be. Here's a shareholder who wants LTNC to work out, thinks there's a chance it might work out but also has a number of concerns. If I check out a board on a stock and I see a post like that with what the person sees good and also what the big concerns are I am interested. I mean come on folks if a stock made it to .80 and has dropped to below .03 then common sense tells everyone there are big problems so to try and imply otherwise is foolish! If I see posts that start out time after time after time with "you are wrong then my first thought is then the other person must have been right. If I see someone take 15 or more posts one after the other to post line by line instead of just posting the link I assume that the CEO must be a BS artist. And of course no one takes the time to read them if its done that way. All it looks like is someone is trying to create a buzz on the board nation. When I read this post my gut reaction was to discount anything positive but then when I saw the major concerns, the same I have had, I said I might buy into all of what he said. Of course the major factor in all this was the CEO and his mistakes. I don't know how many people I have talked to that think the main has no clue. Had he gone a year ago with the honest approach he might have a business that was working. But month after month he would tout these record revenues when all anyone had to do is look at say well of course the revenues are up when you had all these new areas. Had he just said revenues for August were 2 million without all the hoopla of 125% increase over last year it would have had more substance. But human nature tells us if he is trying to pull the wool over us with these revenue figures then we can't believe anything he says. And he also needed to put the breaks on when he saw the revenues weren't what they needed to be to operate Take a step back and work on the ones he had. Had he come out and said guys were not where we need to be yet so my expansion has to be put on hold until we get the one we have going better. Then we will get back to expanding some more but maybe at a slower pace. Who wouldn't have read that and been excited about their CEO. Now all they see is quarter after quarter of million's of losses. They see even a lien was put on the business by the IRS because they couldn't pay their payroll taxes.