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Re: redchipir post# 78

Thursday, 05/10/2012 3:01:33 PM

Thursday, May 10, 2012 3:01:33 PM

Post# of 91
I'm sorry but I did not get to see the presentation.

On the surface, I'm very unhappy with the company. As a shareholder, I'm wondering how their major acquisition has not been completed yet. There is no reason that LPH should not be taking a bank loan to get this finished, get the inventory, and start selling some oil.

Either something has gone wrong or I believe the CEO has made a poor decision here. The stock has fallen from a peak of $3.50 to the same level it was two years ago when LPH was a much smaller company.
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