Replies to post #34204 on Lifeline Biotechnologies Inc (LLBO)

[Arnie1]

G: I agree with you!! J. Holmes told me that LLBO owns 35 percent of Cyrcadia! Long and Strong!!!!

[GetSeriousOK]

WRONG, for these reasons:

* the last time Cyrcadia updated their website, LLBO owned 30% of COMMON stock. Cyrcadia hasn't updated their website for years but it can't be higher than 30%.

* That's COMMON stock only, not including Preferred stock. the last two times Cyrcadia raised money they sold PREFERRED stock. LLBO's percentage of Cyrcadia stock HAS to be lower than 30%.

Bottom line: LLBO owns stock in Cyrcadia, but it is NOT "30-35% of Cyrcadia stock." There is no other way to "say it" and be truthful. And I'm not the only one "saying it." Cyrcadia is saying it, on their website and in the press releases that describe the Preferred Stock placements -- back when Holmes still issued press releases.

FURTHERMORE, Cyrcadia has probably issued more stock in the past two years. If they haven't, then they have no money, which means Cyrcadia is dead. So which is it? Is Cyrcadia dead, or did they issue more stock?

LOL