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Tuesday, October 06, 2015 9:46:00 AM
To be honest there is a simple explanation for this. 90%+ of the "true longs" and "true supporters" have spent nearly everything they can/want into this (or into any 1 stock) on the few times we thought it was about to explode. We're pretty much tapped out. What we need is that PR or people spreading word to get "Newbies" to buy into this. In the last 3 weeks I have gotten 6 people to take positions. Most of those don't own a massive amount (mostly 3-10 million) each. But a few of them along with others are waiting for some concrete news and higher volume to come into play.
Take it from me, I am probably in the top 1-5% of individual owners of shares here. I will no longer discuss how much I own, but it has been proven to a few. The reason is exactly what you said...the risk/reward here is unbelievably low. There is soooo much upside. I'll admit, I'm "technically" in the hole with my average, but I can wait as I don't feel like paying short term capital gain taxes.
I have also not been "happy" with the length of time it has taken for LVGI to take off. But I was in prior to the huge increase in SP when in rocketed to .015. I sold early at .0096. Made quite a bit of money. But then after seeing that that huge spike was due to it being pumped from an outside source and that it was artificial, I would MUCH RATHER be patient and as I said before...slow and steady will win the race.
Yes, we absolutely need Joe to finish and solidify this deal. It will have the perfect domino effect. Joe ahs already been gracious enough to say there is NO R/S going to happen and that SLAM will be produced by end of year. I trust Joe, but all this takes money. He even stated that shareholders will have the ability to preorder SLAM.
Joe gets a lot fo negative things thrown at him, but to me he is one of the most open and honest CEO's I have dealt with.
GO LVGI, GO LVGI, GO LVGI, GO LVGI, GO LVGI, GO LVGI, GO LVGI, GO LVGI, GO LVGI, GO LVGI
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