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Thursday, April 07, 2016 10:52:13 AM
LOL at LEI up over 100% The financing they did has an "initial" conversions price at $3.25, then the debentures are paid out at 95% (so an immediate 5% discount) off the 5 day average low for the period. So the lower the stock goes, the more stock is issued, the more stock is issued, the more dilution, the lower the stock goes, it is an endless vicious cycle, a toxic financing.
LEI has no cash flow, marginal properties they are buying and dumb investors have this UP on the day?
LOL.
Once some investor realize what is going on this stock will collapse. Then the time for the pump and dump will be over.
Recent CEI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:01:06 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:30:23 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/22/2024 09:01:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/11/2023 12:59:42 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/15/2023 09:16:32 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 10/18/2023 09:15:30 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 10/18/2023 09:15:17 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 09/26/2023 09:02:52 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 09/07/2023 12:00:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2023 08:09:46 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 01:00:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/03/2023 12:02:01 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2023 12:40:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2023 12:38:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/21/2023 12:44:26 PM
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