![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, August 28, 2018 12:27:02 AM
I knew the company had some big assets and acquisitions, but these numbers are BIG! I’d like to temper expectations a little, but these large numbers do seem to provide a missing puzzle piece to my dd on the company as outlined below:
Thus far in my dd i have been confused as to how the company has been able to secure large private placements with relative ease (ex: debt conversion prices in the $1-3 range per share; pp’s in the .60-.80 range for greater than $10mil, etc.). And because of their success with obtaining this financing, the company has not had to deal with any toxic financiers (which usually leads to shares at a discount to market prices, etc.). That is very impressive for a pre-revenue company, but knowing LND’s provided projections, i now see that is how the company has been able to make such great financing deals.
The more i learn here, the more i like what i see. Glad i was able to grab a starter position today.
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