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Spartak11

02/27/20 11:17 AM

#48240 RE: BillTheBuilder #48235

The revenue is real. Some of their efforts are successful. But right now they are nothing more than a small business. The reason investors are supposed to invest in LIGA all hinges on their expansion and unique ideas - Panama City Beach, Brentwood, Plarr, and Horton. They have not come close to any of those yet and that is the reason, along with a horrible share structure (that they got stuck with), that the SP is where it is. If they hit on their main efforts, the SP will sky rocket. I’d they can’t hit those and just want to be a small level business profitable - that’s fine. The company and employees will make money and investors will lose money in that case.

And to be perfectly clear of any intentions. I hope liga succeeds. I made nice money on the first two runs. I lost a few thousand selling the last month. If they announce anything real on their main efforts I’ll buy the run and would love to be a part of this company again.

TrackDude

02/27/20 12:58 PM

#48241 RE: BillTheBuilder #48235

Great growth to turn things around, absolutely, but they basically stagnated in revenue last year compared to 2018 despite all in the pipeline. Until they start showing some real financial growth again, the price shall continue to stagnate as well.

All comes down to Brentwood still.