Tuesday, March 10, 2015 7:17:25 PM
Surely you know that the fully-diluted percentage that was paid for the public shell, after the dilution is finished, will be a smaller percentage than is normally paid to investment bankers, securities lawyers and others who bring companies public in an IPO without a reverse merger.
When will the dilution of LVVV stop? Does Bill honestly intend to produce a profit for investors or is LVVV just his personal bank as you contend?
Both of these questions demand answers, rather than disparaging remarks.
Bill could provide the answers in 30 seconds on any given day. The fact that he doesn't speaks louder than any 10-Q or 10-K and louder than any incremental increase in revenues would.
If he gets the revenue up to 1X median household income then maybe LVVV will stay in business forever and he'll have the right to continue selling shares. If that's his objective then he should say so and everyone who invests alongside him can evaluate the risks and rewards of doing so.
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