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irondog

09/19/08 2:04 PM

#7748 RE: downsideup #7747

Do you know the 'structure'
of the profit sharing?
No, you don't, I somewhat do...and it's
way down the road!
Your doom and gloom posts get an F today.
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passthegravy

09/19/08 2:05 PM

#7749 RE: downsideup #7747

Step back and get some perspective. We're talking about a penny stock here that just scored 1mil bucks at .08 (that's 4x the current share price). Show me other similarly situated companies that are able to attract this level of funding under such terms in this economy.
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turnitaround

09/19/08 2:30 PM

#7753 RE: downsideup #7747

Forest vs. Trees thinking, IMO. To focus on the JV with Lantis as a precedent for future deals is silly. Anyone wonder why there's been so little said about the JV of late? Anyone bother to spend a little time with LLSR to see exactly what is under the skirt of that tiny little company? Call Stan Baron, talk to his promoter, and then make your own determination as to whether LNGT has "limited" itself in any fashion via the amended JV. Anyone see any LLSR performance required by the JV actually taking place? It could very well be that the best thing that ever happened to LNGT would be for a new deep pocketed JV partner to step up, or even for LNGT to go it alone. That JV is, IMO, a red herring because their partner doesnt seem to have done squat. Battis can amend away for all I care, I dont count on that JV bringing real value to the company. I'm interested in the defense and security aspcet of the business with REAL partners like ITT and NOrthrup/Grumman, not a pink sheet listed company with limited operations. JMHO.