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Saturday, July 21, 2018 9:47:45 PM
1) LRDR wis not associated with Milost, Palewater or Nigerian Billionaires
Right now, LRDR is not associated with anyone but Arcaro. The plan to involve AXMP with Milost wasn't known till after the first three suspensions. And when it became known, it too was suspended. We have no idea what will be done with LRDR, or what might have been in the works.
2) LRDR has extinguished most of the legacy debt by reverse splitting the preferred shares, (confirmed in public filings)
A reverse split does not magically extinguish debt.
3) The company coming in will have no debt and will be a clean shell certified by the SEC.
The SEC does not "certify" companies or anything else. And right now, LRDR is not an SEC registrant. It is a custodianship shell.
4) LRDR is more similar to NUGS than to any other prior Arcaro reverse merger.
Just your opinion, as they say.
5) The judge in reviewing the LRDR custodianship paperwork mad the highly unusual on the record statement that the Arcaro proposal represented, " A real and attractive package for investors." (In my twenty years of investing in penny stocks I have NEVER seen a comment like that.)
Got a link for that? Frankly, I find it suspicious. Need to see a link.
6) LRDR will have officially announced their merger candidate within the next two weeks if prior timelines are consistent.
What "prior timelines"? You think the suspensions may have messed that up? If I were Arcaro, I'd want to be very careful going forward.
7) LRDR will not be halted or suspended, just like NUGS and VUME and LVCA
A pretty bold statement, and again, "just your opinion".
And again, none of that is "confirmed".
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