Sunday, November 16, 2014 5:41:02 PM
I have been building to my position in LFAP over the past month as the share price as decreased, and I now own over a million shares and continue adding. I have a high conviction level on this one. Love that Jack Tretton is part of the team now (I spoke with him recently about it), and I also am very excited about the potential for a takeover at these levels. Very low float for a penny stock, CEO owns 53% of the shares, so interests are aligned. Really like the story with the focus on health related apps also.
No longer a development company, now a real revenue generating company. Net losses are decreasing and revs are increasing.
Very risky, but could be HUGE reward. I will keep adding here under .01, target remains at around .07 sometime in the next 12 months.
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