That trend was busted on Tuesday as LTSN powered significantly higher on a combination of factors. First off, the company filed a notice of late filing, which, in this case, suggests that the financials are somewhat complicated this quarter. That can be a good thing in the case of a self-defined “holdings company”. It suggests the possibility of a ramp in operations.
In addition, the company also announced a key step in dealing with its convertible debt load.
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