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| Alias Born | 12/07/2003 |
Saturday, February 13, 2021 2:53:42 PM
Do you KNOW what the number of OS (outstanding shares) is? Here is one source that says your number is off by 3 billion shares:
https://www.barchart.com/stocks/quotes/LTNC/profile
ASSUMING for a minute that your 8 billion number is correct, do you know how many of those shares might be in the hands of the CEO? And if they are in his hands, do you understand that he can keep them out of circulation for as long as he wishes to? (If you know how many shares are in his hands, please show evidence.)
The AS (authorized shares) figure does not mean jacks---. Those are authorized shares. Companies dip into them only if they have to, to retain company ownership when under assault, for example.
As to your "under average" comment...as compared to what? Before LTNC got taken down by toxic convertible debt and dilution, they were a small company but growing like gangbusters. Don't believe me? See this link, which provides a lot more evidence than what you provided: http://bit.ly/2OqaPOH
I've said this before and I'll say it again because I lived through it: LTNC got fleeced by convertible debt and shorts, some 5 years or so ago. But Ryan stayed in the fight, took his licks, admitted to his mistakes, has learned from them, and in my opinion, is about to embark on an epic territory. The man knows how to bring business through the front door. The company's superb growth from 2013-2015 demonstrated that.
"Scrambling at best"? No sir. He's in the ring, got snot on his nose and he's throwing punches, fighting off the trolls and the namby-pamby critics out there. That's a lot more than I can say for most of us.
https://www.barchart.com/stocks/quotes/LTNC/profile
ASSUMING for a minute that your 8 billion number is correct, do you know how many of those shares might be in the hands of the CEO? And if they are in his hands, do you understand that he can keep them out of circulation for as long as he wishes to? (If you know how many shares are in his hands, please show evidence.)
The AS (authorized shares) figure does not mean jacks---. Those are authorized shares. Companies dip into them only if they have to, to retain company ownership when under assault, for example.
As to your "under average" comment...as compared to what? Before LTNC got taken down by toxic convertible debt and dilution, they were a small company but growing like gangbusters. Don't believe me? See this link, which provides a lot more evidence than what you provided: http://bit.ly/2OqaPOH
I've said this before and I'll say it again because I lived through it: LTNC got fleeced by convertible debt and shorts, some 5 years or so ago. But Ryan stayed in the fight, took his licks, admitted to his mistakes, has learned from them, and in my opinion, is about to embark on an epic territory. The man knows how to bring business through the front door. The company's superb growth from 2013-2015 demonstrated that.
"Scrambling at best"? No sir. He's in the ring, got snot on his nose and he's throwing punches, fighting off the trolls and the namby-pamby critics out there. That's a lot more than I can say for most of us.
Recent LTNC News
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