Sunday, April 24, 2016 7:18:30 PM
Yes, LTNC has had millions in REVENUE, but has yet to turn a profit. Hopefully we will be able to see profit soon since this debt is getting demolished. Until then, please use the word 'revenue' instead of 'profit.'
As for dilution, we cannot say that no dilution is happening. Ryan is doing his best to keep dilution at a minimum while he pays off notes, but we have seen a few instances of dilution over the past couple months. I will say that for what COULD be converted due to the number of notes LTNC had, things are looking pretty good while he is finishing paying off these notes with CASH. But until all the notes are paid off, there is going to be a possibility for conversions.
Other than that, all I can say is that I am excited to see where LTNC goes the rest of this year and forward. I can't say I know what's going on with the 10K filing, but we all know that the Q1 is going to be where all the juicy info is since most everything he has been doing didn't start until December.
Best of luck to all the longs. Go LTNC.
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