Light Management Group (LMGR)

[creede]

I managed to find a good email address for David Lazar so I sent him a quick email. I do not expect him to respond, but at least I know for sure he has seen the LMGR ticker.

Hi David,

….

I wanted to bring two stocks to your attention I have held for over a decade — LMGR & TRAE.


TRAE
A/S 450MM
O/S 38MM
FLOAT 8MM

This is a one owner stock that was incorporated in TX. No reverse splits or toxic financing. This is why the SS is so tight.

TRAE was in the Oil and Gas industry. The CEO passed away a few years ago and now it's abandoned as far as we can tell.

TRAE is grey now but that is not because of a suspension. The MM's simply "signed off" years ago and fell off the OTCM. Since it was not halted L2 can be restored fairly easily (like recently happened in ACCR).

My only uncertainty would be 1) it's never filed with the SEC and 2) it's in Texas. Not sure if either of those traits change the desirability of the shell.


LMGR
A/S 110MM
O/S 60MM

LMGR is incorporated in NV and I'm pretty sure it's abandoned.

I have owned this stock for a long time but really don't know the history that well except there was some "funny business" a long time ago.

Still might be a company to consider for two primary reasons. 1) it's "SEC Reporting" and 2) it's grey but not because of a halt, but MM's simply signed off because of a lack of interest. L2 could be easily re established again like ACCR.

….

Thanks for your time and consideration.

Hope you have an excellent 2020!