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Wednesday, 07/01/2009 12:25:40 AM

Wednesday, July 01, 2009 12:25:40 AM

Post# of 41086
TIME FOR BUSINESS MATH 101

Seems we need a class in business math 101 to understand the latest CEO Gregory "Bernie Madoff of Atlanta" Evans SCAM!!!

Ok, CEO Evans announced the LOI purchase of CYDM and said each shareholder of LGTT would be given 1 share of CYDM for every 5 shares of LGTT. Here's the math (rounded off):

1 billion shares of LGTT divided by 5 = 200 million shares of CYDM needed.

But wait!!! There are currently only 600,000 outstanding shares of CYDM. SO how does everyone get 1 share of CYDM for 5 shares of LGTT? Well, it's called DILUTION. CEO Evans will need to increase the number of outstanding shares for CYDM by more than 199 million!!!

What happens to the price of CYDM you ask? Well it will adjust itself to whatever price it was at the day before the 199 million shares are added. The math:

600,000 shares of CYDM X .18 = $108,000 (a WHOPPER of a company)

We now take the $108,000 and divide it by the number of new shares which will be 200 million = .00054!!!

That's right folks, CYDM after the dividends are handed out will become a TRIPLE ZERO (NOTHING) stock!!!!!

So why does CEO Evans get on his video blog and say everyone will be rich? That CYDM is an .18 stock and RANTS that everyone needs to stop complaining? COO Lakeesha even shamefully gets on twitter last night saying shareholders will make BIG BUCKS. Is she the one with the MBA!!?? Do the math HONEY!!!!

Well...CEO Gregory "Bernie Madoff of Atlanta" Evans, we're complaining because either you have NO concept of business math or your're conning and SCAMMING us to sell shares to buy CYDM.

Not sure which option is worse!! But for sure CYDM will NEVER see $1!!!!! Simple business math shows that!!