Left Behind Games (fka LFBG)

[Raingawd]

It would seem that reporting a company will do well despite numerous negative factors is more "soothsaying" than basing a statement on a strong possibility founded on historical fact. History does tend to repeat itself.
For example, assuming LFBG will do well just because of a pending merger and its repeated statements that it is doing things to grow and wanting to do things to grow is not as soundly based as one which includes the following:
* the fact that LFBG which is financially hurting is marrying Digital which is also financially hurting. 1hurting + 1hurting = 2hurting or 1new hurting. There is nothing in the facts that show how LFBG will somehow become profitable with this merger.
* the company has a track record of hyping marketing endeavors and never reporting on outcomes! Remember WMT everyone?
* The company has R/S
* Troy and others have used investors money as their personal piggy bank and WILL DO SO AGAIN, as is written in their merger contract.
* The shares they will be issuing will go into execs. pockets and to paying bills. If you have to issue shares to pay bills why are you issuing them to pad execs pockets?!!!
* The authorized share number, when issued, will put us over 3 billion!
* 3 billion.
* 3 billion!
* How will the company ever become appealing to serious investors with 3 billion shares?
* Answer, they probably won't. Hence, history and imminent future consequences dictate that they will probably R/S again.
* The rebuttal is that they are going to be a new company with new products and marketting. Well, that is what they want us to believe don't they. But Troy aint changing - CEO/CFO/Chairman!
* This is the most problematic executive structure in models for business ethics! And to boot - he is admittedly paying himself, WHEN HE CHOOSES, in SHARES!
* The products are poor, has anyone played the games? Weak.
* The market they are trying to sell into is both niche and shown itself to not be very interested. (Remember, both companies that cater this market are hurting).

IF, and I repeat, IF they are able to create new games that serve a broader than Christian market, improve game quality, diversify multi-console options, change exec. structure (fire Troy and hire three people who should be doing his one-man hack job), and radically alter their marketing... Oh, and not R/S - twice is a death-nell, then they might survive.