I’ve read postings on the Investor’s Hub forum stating or implying that Lecere will instantly move from one billion common shares outstanding to five billion common shares outstanding. In fact, the only share count being increased right now is the authorized share count, not the out-standing share count. The outstanding shares would be increased (i.e., dilution would occur) only as needed to raise investment capital. No one can predict today what the outstanding share count will be when Lecere could reduce or eliminate dilution by generating significant revenues that will lead to profitability.
Shareholders can rest assured that Management has been issued restricted shares only. No management shares have been sold since Lecere’s inception. This will remain true until at least the spring of 2010. Future management sales of shares will be subject to SEC Rule 144. The only free-trading shares currently being issued are for raising operating capital to fuel Lecere’s growth.
As I've stated many times here, this company and CEO are VERY forthcoming and honest in their plan and how they will execute it...
I'm in for almost 2 million shares, holding strong. Any potential investors reading this post should read through today's comments from the CEO and feel confident in slapping the ask.
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