Can you imagine......
A little known Pinksheet Stop temporary labor company that traded for most of 2020 at .0001 and a market cap of less than a million dollars buys a 2 month old beverage company which, at the time, had no assets, no operations, no product, no revenues in exchange for $238 million in LTNC (6.8 billion shares) while LTNC gives up ownership to the same guys who ran another public beverage company to the ground, High Performance Beverages (TBEV), and who now control the voting shares of the company as they run LTNC from behind the scenes while using their CEO as the face of the company, so as to not attract attention to their shady past.
Then, the stock through a major concerted effort of pumps, mainly on Twitter and Reddit, rises through the ashes like a Phoenix and trades with a billion dollar market cap before they even produce a product.
Let me repeat.... This company, with its one 10,000 case(?) production run is now valued by investors at over ONE BILLION DOLLARS!
Most reasonable investors look for transparency in a company, this company offers none. They also look at the management's past in order to determine their ability to predict the future. This company does not even put out press releases through recognized national media outlets, preferring instead, to use Twitter.
Yet, through LTNC's carefully orchestrated ability to manipulate their sheep, these investors (like a cult) ignore all the warning signs and are convinced that the ability to produce a 10,000 case(?) production run is evidence that this company cannot possibly be a scam.
What's funnier is that these same investors buy out the production run, further convincing themselves that this product is loved by consumers and is a home run, which is proof that this situation is not like all the other scams, who get away with duping investors with their lack of transparency.
That just because Toby McBride and Mike Holly fleeced all the shareholders of their last public company, and just because the last 3 public companies that LTNC's CEO Joe Pavlik has been involved with are all in the toilet, doesn't apply to this situation.
I'm not sure which I'm impressed with more.....
LTNC's ability to keep their flock of sheep mesmerized into believing that with 14.8 billion issued and outstanding shares that this stock with their product, which has no clinical studies to back up their claims, is going to a dollar.....
Or, how foolish investors can be when it comes to greed.
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