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Auricgoldfinqer

08/27/14 12:46 PM

#3077 RE: Lakelife #3076

Why does Steve Wallach need millions of stock options when he already owns 72% of the company?

I want "new" clients because it means diversification and that the plan is succeeding.
Why is that so hard to accept?

And the company can grant up to 40 million options of which they have granted about half of that already.

When a holder excercise their options, the resulting dilution reduces the value of your shares and mine.

The buyback can't keep up with the dilution so it is a waste of money.

The buyback is stupid.
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Auricgoldfinqer

08/27/14 1:21 PM

#3078 RE: Lakelife #3076

Before I call it a day.

I do want to apoligize to you for my sarcasm.

In the end we both want the same thing. A successful company with a much higher share price.

I think it's a company with potential but am skeptical of management.

You have your valid opinions as well.