I saw that today. On top of that I've seen where Canada is in a housing bubble. I am stunned we have not received any news about any single family home construction or any completed deal to build anything yet. Not even a storage shed or a dog house. Just a few mail screening facilities. We don't know for a fact about any sells because JN runs our company like a private company. And now it is November 21st, and as I said a few weeks ago, after the 20th there is a slim chance we will get any news until the first week in January 2018.
I have voiced many concerns here over the last three months. Another concern I now have is the ability for LPPI to keep paying it's bills. Someone posted on here that they may have settled for something like a few hundred thousand dollars. I'm assuming that didn't include the millions wiped off their debt. So if they did only settle for a few hundred thousand, how far does that go in paying rent, utilities, payroll, insurance, materials, and misc. over 13 months? That explains why the financials are not done. That is an extra big expense. If you will look above the posts on LPPI's board you will see LEEP, INC. (PN) FINANCIALS. Below that you will see SHARES ISSUED of 1.25B. Now that seems a bit high and I have no idea where they got that number. A few small articles were written about LPPI a few months back about the short positions and the market cap. My calculation based on there market cap and price of the stock gave me around 175 million shares. I believe that is low. Did LPPI issue 144 stock during the lawsuit? If so, how many 10's of millions of shares? Since we have no news, I am assuming no deals have been completed outside those few screening facilities. How much longer can we go without a deal before JN asks the shareholders to buy 144 stock to keep the company operational? Financials are not done so forget about borrowing from a bank. No financials and a pink sheet stock doesn't look good for a bond offering. How high can the issued shares go and dilute the stock further?
Now, I know I and only a few others care about updates and the financial condition of our company while others are willing to put blind trust in one man who will not give us details as to whats going on. John should put out the following before Christmas...
1) How many shares are issued? We have no financials and I want to know
2) How much cash do you have and how long will it last?
3) How many sales have you made since the settlement? Revenues & profit
4) What date can you disclose the settlement agreement with OVC?
5) Update us on the projects you mentioned in the last 8K 3 months ago
6) What have you done to promote LPPI ( advertising, news interviews tv or print)?
7) What is your salary? How many shares do you own?
