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Saturday, August 08, 2009 3:10:36 PM
Since the July 8 press release mentioning the "private funding", LLBO has dumped well over 100 million shares on the market. The last time I checked was last week with a total of 525 million. I'm sure they've dumped more since then. But you keep blindly believing what you want without doing any real DD. You obviously like giving your money away. Either that, or you're purposely trying to mislead people. You really should call the transfer agent to verify the massive dilution for yourself. LLBO has even been kind enough to mention that the dilution will continue in the latest press releases... "The cost of funds, for companies such as Lifeline is expensive and the terms have been, and may continue to be dilutive."
Maybe you could call Jim Holmes and ask him when we can take a closer look at those expenses? I'm sure then he'll let the investors know what he's been spending their money on. Or maybe you can direct us to the company's financials?
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