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Re: MONEYMADE post# 21364

Monday, 06/29/2009 11:57:10 AM

Monday, June 29, 2009 11:57:10 AM

Post# of 41086
CYDM has practically NO FLOAT. That's why Evans was able to purchase it. If a person owns 1 million shares of LGTT, they'll get 200,000 shares of CYDM. At today's price of .18, those shares would be worth $36,000. Uh.....can we just close the deal today???

This is a very good purchase and finally lives up to the Evans HYPE a few months ago. Now usually after a purchase CYDM would go down, but with a low float, it might actually run higher once the deal is done as CYDM has seen .50 in the past. And I seriously doubt they will be restricted. I've never heard of that happening on an acquisition. However, Greg needs to announce an X date to get LGTT shares moving. It could be the closing date of August 1st.