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Re: None

Wednesday, 02/23/2011 8:22:58 AM

Wednesday, February 23, 2011 8:22:58 AM

Post# of 38585
MAJOR BENEFITS TO HAVE FUNDING OPTIONS IN PLACE:

I do not have inside knowledge just what we read. This is a plan and commitment with terms for funding. IMO Troy has something he is looking at to grow or move into. The agreement in place allows him to move without having to go into the market place and discount or negotiate for time to raise capital.

THE MAIN POINT I SEE: The agreement is not binding for LFBG, but as I read it LFBG can borrow from "time to time" upon the company decision. Therefore it is only in place if Troy has a use and opportunity and can not find better funding. With the structure as most penny stocks, the majority keeps control and can vote for more shares at any time.

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