Hi Phil, from my experience I have never seen a R/S effect the preferred or restricted shares usually it is only the retail OS ie float. It’s definitely the biggest fear most traders/investors have when looking at a beaten up stock. Now as for here, I’ve made a point to say there is 0 interest here, not one bit of activity to sustain millions let alone billions of shares to be dumped. Most Traders have learned by experience to shy away from stocks with that possibility, there are way too many opportunities to choose from that investors will pass on scams like that. Imo it is virtually impossible for LVXI to conduct another RS anytime soon, it just doesn’t fit into the bloated stinky pinky scam category.
From another posters observation this past week dilution has subsided and with updated SS On OTC this 32m float sitting at 0008 is likely to be the needle in the haystack. From my recent DD on First Transit being involved here leaves an open discussion on what might take place here.
Stocks typically run on rumours, I’m not looking to fabricate anything here, just looking at certain scenarios that could take place. First Transit being only traded in GB without any US exposure has my mind working overtime here. The restricted shares along with the paltry float and zero interest has me drawing conclusions. I would like to see more of an open discussion on this Xtrain, from what I’ve read this is a much requested service that Las Vegas and First Transit Group want to see move towards completion.
I’m looking forward to what comes of this. I will not tolerate excessive dilution from any company, but with the 32 million float that has quietly been absorbed and left LVXI flittering with 000, has my attention.
Next Pr 8k I would hope to see something about funding, if that is investor friendly than sky’s the limit. It also be in best interest for the Preferred and restricted shares to generate a much higher pps. No of this is making any senses why LVXI is trading at 0008, First Transit would not affiliate themselves publicly if this was only going to turn out to be another share selling scheme. I do feel for the ones who have lost but with no one complaining then there really couldn’t have been that many affected..
News 
Market Data 
Discover 
