Wednesday, June 19, 2013 8:54:01 AM
As for the 7 Million, we all watched the burn, expenses; 7 Million is a drop in the bucket as far as I’m concerned. Someone posted JM’s salary was like 500k or something the other day, but apparently they don’t realize that when they issue warrants that are not even in the money the company has to expense them like they gave away money. (But that’s got nothing to do with the real money) We’ve got about 1 years worth of cash in the bank, less risk that possibly ever!
I would love to connect the dots to the LPC money; someone has bought millions of shares but has not yet reached the reportable threshold , perhaps it is in different entities. In fact I’d say that if we all knew who they were selling those shares to we would be happy as a clam and the share price would be at 3 or 4 bucks. I’m not elaborating but there are some VERY deep pocketed investors here that I think are in LARGE because they see the potential and for them to risk 5 or 10 Million to make ANOTHER Billion for themselves while at the same time help the company (while LPC acts as the middle man) IMO is like us risking 5 bucks to make a $100. I do NOT know this for fact, but who do you think is buying the LPC shares, the government?
Who knows who they might be ;)
Recent LWLG News
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