To all players of LDSR. I have made no qualms about my position here. I am long and I get longer by the day. The reasons for such, I have listed on this board multiple times.
Yes, OTC and Pink sheets are a risk. Yes, Jason is starting a company up in an unorthodox way. (Warren Buffet did the same thing). Yes, there are risks in investing at this stage of the game. I agree with all of the concerns. At the same point in time, I have never been one to take things at face value. For those that think BC is a major risk of this company, I would ask you to think about something additional.
When Jason took over this shell in Dec 2017 he had to of known what he inherited with this shell. 125k toxic note and all. BC didn't enter this equation until Feb of 2018. Upon knowing all of this, Jason in good faith took on BC not only as the 125k holder of a seriously toxic note but he also had them issue him a note for 800k plus in new notes as well as a line of credit for 10 million dollars. Please let that sink in for a second. If anyone with a business acumen entered into a situation where they knew someone could sink their equity with 2.5 billion shares and then they proceed with the process and allowed that same entity to issued them more debt, what would be the benefit? For both parties!!!! BC was taking a massive risk allowing Jason to draw 10 million from the start to pay off the 125k equity conversions of the note (Jason never did BTW). Jason was risking his company from the start by giving someone like BC that much power. It simply does not make sense. I have tried multiple times to illustrate this.
In September of 2018 BC restructured their debt to favorable term for Jason and LDSR. WHY!!!>>>>> Both Jason and BC at this time retired the 10 million dollar line of credit!!! None of that makes sense!! Unless... Maybe Jason has better financing offers and BC knew that. Anyone here gonna tell me a toxic financier refinances under the terms of "friendly" for _______ and giggles?
Simply put, if Jason still had access to that line, the 2.5 billion shares would have been gone by now. Jason would have bought the shares at these prices and the 2.5 billion shares every one keeps harping on would have been in his hands for 5-6 million dollars on the balance sheet.
Enter in acquisitions (Araloc, N8, Arcmail). Why in the world would they even get involved? Why not just wait until the BC note played it course. Then get in????? In a situation such as this, it would have been hopeless given the SS, toxic debt, and face value of the current situation... add in the fact that Jason is hiring multiple positions, adding a new office... to be able to pull this off without doing a RS up to this point is something I want every single one of you to ponder... IT WOULD NOT BE A FEASIBLE!!! IT COULD NOT HAPPEN. He would have to explode the SS to the cap of 8.8 billion.
My main point is, Jason would have walked a long time ago if this was not happening or he would have done what most do in pennies and did a RS a long time ago. And yet, here we are. Re-registered no RS yet. Going after 1.5 billion shares that are contested to ever be issued. How does any of this make sense. Think it through please.
I might be wrong and I will take that on the chin both in my pocket book and in my pride, but that doesn't mean I don't do my DD or think these thing through.
Discredit me all you want, but in the end, I will point to things that I am seeing and putting my money where my mouth is.
I wish nothing but the best to all of you. I am rooting for Jason because this is a true underdog story. I don't know how it will end but in the end, I am ok with my decision because of the countless amounts of fact I have provided. If none of this makes you feel secure in your investment here, I wish all of you the best of luck. I am here because I invest and I love this story and this company. If I am wrong, then that's on me and my pocket book. But I will not stand by an watch players in this bash this to the ground when their claims can not be substantiated. I will be the positive for this company, for Jason and for all parties involved here. I'm not directing this to anyone on this board. I value all perspectives.
I look forward to this moving forward and I hope many of you are here with me when this all comes to light... If this ship sinks, there will be plenty of employees, investors and stakeholders who go down with this ship. Think about that for a second....
Best of luck to all of you!
