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Re: Investool post# 45325

Tuesday, 06/02/2009 3:35:59 PM

Tuesday, June 02, 2009 3:35:59 PM

Post# of 103302
I do not think it would work that way.

the investor with $5million to invest will get a special PREFERRED stock of LLEG, trading under a ticker like LLEGP with an agreement that when the preferred shares are closed out the holder of the perferred will get about 6 LLEG shares for every 1 preferred stock.

That might kill the STOCK when the preferred is called, but that will happen when we are in the dollars and not the pennies.

just remember Michael Bartoszek has 10million shares of preferred stock from his initial investment. we do not know how many LLEG shares per 1 share of preferred he will get. maybe we should ask?

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