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Re: eckert081499 post# 8813

Thursday, 03/12/2009 11:13:46 AM

Thursday, March 12, 2009 11:13:46 AM

Post# of 41086
I don't know but it definitely concerns me. All I can say is that there better not be anymore dilution when those numbers get put back up. Greg already lied straight to our faces about that.

The very first thing he said after introducing himself to us in that first video was that he wouldn't do any pumps and fluff PR's just to dump shares. The numbers don't lie. He did just the opposite of what he said he wouldn't do.

According to the info he sent to pinksheets.com, the O/S at the end of February was around 240 million. I'd say half or probably less than that would had to have been free-trading shares. Then, Greg does his pump videos and his fluff PR and later we find out that the number of free-trading shares has been raised to 259 million. So you didn't pump and dilute, Greg, like you said you would never do there at LIGATT?
And I want to know why the need for dilution. Is LIGATT having problems covering ordinary business expenses?

In regard to the number of employees, I sent an email to Melanie a few days ago asking for a company explanation regarding the discrepancy of the 65 that Greg listed in his bio on Ligatt's website and the 20 listed on pinksheets.com. I still have not received a response back. I'm sure it was Greg who wrote his bio. He couldn't remember that he put 65 in there and just conservatively said "We have over 50 on staff"?

I'm holding here but like I said before, no way am I adding more until we get more answers from Greg. I hope he truly has outgrown his "hustler" ways, but at the same time, I would be lying if I said I was sure he has.