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Re: irondog post# 7792

Friday, 09/19/2008 5:43:38 PM

Friday, September 19, 2008 5:43:38 PM

Post# of 35619
The new founders message is very positive. I love that Battis seems responsive, finally, to the shareholders lack of patience re the financing. It seems LNGT is moving ahead with or without Wolk... which is great.

I concur that the future is bright. I want to know how bright, not just because of what the company will do SOON, re technologies and future market potential, but how bright in terms of the impact of the recent deals on EACH share held that is held without a profit sharing deal.

I think that is a painful price to pay for the $1.1 million already in hand... while "we are working on smaller financings which will allow us to be successful"... on what terms ?

I don't see that there is a large obstacle here... just a need for additional information that allows completing a rational stab at valuation. I see it as a net positive that there seems to be a new trend to make information available... so just give us the rest, good news and bad news together... in a way that assumes we are smart enough to figure it out. What will the impact of the JV contract changes be in $$$ terms? What will the impact be of the profit sharing deal used to induce new investment ? What is the open ended risk of additional finance related caps on future value ?

I see it moving the right way... still just needs a bit of a push to get it over the crest of the DD hill...