Thursday, October 31, 2013 6:53:22 PM
Just trying to,help myself agree with you on the point of buying more shares to cover the past losses.
Many more investors may be thinking on same lines.,but are leery because of past experiences.
Many here some times lose patience with trustunits for his lack of trust but he has a reason for that and should be given a little room to express his legitimate concerns.
Lenny bought control of LKEN with about 2.4 billion shares leaving about 800 million shares to previous owner.They were almost the only sellers when prices went upto .02 from .004cents and than back to .0001.And than he goes for a reverse split almost wiping out the S/H equity.
He must have sold most of his shares,than he turns around and,says I have been working for LKEN for so long it owes me salries,so he may have converted that salary to his protected share or can do it now.How many such shares he has and does the equation of reverse split apply to him.
Before deciding on buying more we need to know these things otherwise there is nothing to prevent him from repeating his wash and rinse process.
How many shares does he own ?Is it a valid question.?
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