Excellent point, Tmyz. We held with over 300,000,000 shares traded.
Additionally, Mr. Schadel's continued purchases suggest the following:
1. He continues to back his words with his personal risk and skin in the game.
2. Due to restrictions on sales, he is essentially removing whatever he purchases from the float.
Mr. Schadel has now also found a way to raise cash, which potentially will give him and his new All-Star board members a range of options, including going after revenue-producing businesses, working down the convertible notes a bit faster or taking even more shares out of the float by initiating a stock buyback, potentially for use in further incentivizing the workforce. I believe these short term gyrations in the stock price will be a long distant memory in a few months. I believe at some point we will hit a major tipping point when the combination of less available shares, greater demand for shares, additional revenues and the payoff or near term payoff - of all convertible notes will rocket LTNC higher. How high is anybody's guess but it could happen in a matter of a week or two.
As to those who incessantly point to the distant past as a predictor of the future, when borrowing mistakes were made that have since been fully accounted for, the IGNORE feature is a beautiful thing. I'm just a casual observer here so I only get to put 5 posters in IGNORE status, but it does keep me from reading what another poster has rightly referred to as BULLSHIT BULLSHIT BULLSHIT.
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