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Re: Livinglargetoo post# 2198

Tuesday, 03/19/2019 5:23:06 PM

Tuesday, March 19, 2019 5:23:06 PM

Post# of 8412
Thanks for the find. I gleaned from a recent article at the same site that LHSIF is generating revenue ($6M+ most recent qrtr) but still losing money, as the operations' costs are high. They are burning through their cash. The article didn't speak to debt load but I would think that with a number of assets in place, why couldn't they secure a low-cost loan and do some belt-tightening. I'd rather see that vs. a buyout or a dilution; unless they already have a lot of debt. Re the dilution, they've had many stock splits and that has contributed to 300M+ shares. That's a lot for a small cap, IMO. And a buyout will offer little reward as far as I can tell by recent BO deals; Emblem for instance.

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