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expediter13

11/02/14 10:37 AM

#17813 RE: expediter13 #17812

This is doing exactly what they wanted it to do. Onwer, scams, lenders, all one big bunch. Probably sitting on a boat right now, or waking up in a sweet with scanky hookers...
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DD2Gain

11/02/14 11:59 AM

#17815 RE: expediter13 #17812

Being as LTNC can only hope to make it back to .25 within a few years there is no "big" money to be made in the forseeable future. Tax lien plus toxic note dilution plus having no option but to use more toxic notes is not a formula for success. I don't care if Ryan Schadel drops gold turds, if he can't keep up with the bills the company is just a dream that is becoming more and more worthless.
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1337trades

11/02/14 1:01 PM

#17817 RE: expediter13 #17812

Meh..all this talk about dilution is much ado about nothing. Obviously there will be dilution. But I don't think we go to the trips. While there is a ton of convertible debt, they can't convert under 144 until 6 months old. Look at the Financials and you can somewhat guess when dilution could occur. I say could instead of will because the company has shown the willingness to pay with cash instead of shares. Dilution isn't a good or bad thing...it's just a thing. Use it to your advantage. I know when dilution will occur and I'll be buying into it as the stock is under pressure. If anyone took the time to conduct real DD and analysis they would know what time periods there is dilution and when there isnt. Buy into dilution and sell into rebound. By the time the CEO is done raising capital I'll own a large position paid for by people who panic and the Co will be profitable and debt free. Cheers.