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BAD HEMPER

07/10/15 10:44 AM

#15464 RE: ACWprime #15463

They already have institutional interest. MM GUGS has been seen here from time to time :)

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Ronin_Trader

07/10/15 11:44 AM

#15467 RE: ACWprime #15463

The cost associated with iTBra are not LLBO's to address. Those costs are tied to Cyrcadia. This is why there would not be a R/S from LLBO because it is Cyrcadia that takes on the costs, and raises the capital. Cyrcadia is the the company that is bringing the iTBra to life, and so Cyrcadia takes on most of the risk and cost and capital raising.

This is why Cyrcadia/FWS was created in the first place, because when it was LLBO doing all the leg work to bring the iTBra to light, there was no Cyrcadia, and so during that time it was LLBO that was taking on all the risk, costs, and rising capital through R/S. Because during that time there was no Cyrcadia.

However, LLBO made the decision to create an affiliate company in FWS/Cyrcadia, so that LLBO could off set the risk, costs, and the rising of capital on the affiliate company, Cyrcadia.

This is what makes LLBO so sweet because it is no longer LLBO doing the leg work but instead it is now Cyrcadia that does all the leg work to bring the iTBra to light, and Cyrcadia takes on the risks, costs and the raising of capital, while LLBO sets back and watches.

This is why there will be no R/S from LLBO... It is simply not needed because most of the costs tied to the iTBra is actually Cyrcadia's costs.

They are two different companies.
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BeamMeUpScotty

07/10/15 2:33 PM

#15475 RE: ACWprime #15463

Here's why I believe that Jim Holmes will not do a reverse split on LLBO - to keep the project going they have gotten family and friends to invest in the project. You would not then carry out any reverse splits destroying shareholder value to family and friends who have financed your project since 2009 to get it to the stage it is at today.