Replies to post #1126 on Lotus Bio-Technology Development Corp. (LBTD)

[Almost A Myth]

Looks like that's the same company. Nice find.

The share amendment being done in November is a good indication that Lotus was preparing for this new acquisition of COIN. That should be more than enough shares to pay COIN. As is often the case with a JV/partnership such as this one, whatever shares are part of the payment will likely be restricted for a certain amount of time. That would be beneficial for everyone involved as it would move those authorized shares into a restricted state while not necessitating dilution, and it would also allow time for Lotus to increase the value of the company as well as the PPS. Smart move by Lotus to get this done before the acquisition.

$LBTD