Liberated Syndication Inc. (fka LSYN)

[eastwindwards]

Good move to get in touch. Sounds like you've got a direct line.

I think these guys fleecing investors is like an earthquake in a zone with high seismic activity: it's a matter of when the earthquake hits, not if the earthquake hits.

They don't seem too bright, but diluting everyone by 30% by giving themselves 8M shares at the outset like this would just be stupid because they can't sell those shares immediately and the market for LBBS is just starting to get established where a move like this would significantly affect investor confidence.

These guys may not be smart or connected enough to play a truly lucrative long con game along the lines of successful start-ups that hide rot behind growth. But, they seem at least smart enough not to go for a smash-and-grab when a purse is completely empty.

They need to do a little more pumping on this thing before they can pull the trigger on dumping. I'd expect many more pounds of positive BS before they start taking the wool off.