Replies to post #880 on LCC International Inc (fka LCCI)

[edwards]

So they had 31m (1-time charge) for wfi purchase and 3.7 for restructuring

Looks like BOA has confidence and working with them on credit facilities

They outsourced internal controls for financial reporting to avoid future reporting delays

US gross margins improved about 8%


Imo, it’s a restructuring turnaround play and the numbers are already baked in

They'll have the headwinds of the recession

Let’s see what the recent appointed chief can do

Could be a nice return over time with restructuring, move to otcbb, future turnaround in the economy and new wfi business

I’m following the $ trail of vanguard with their 500k share purchase and BOA’s confidence with the credit facility amendment; just gonna sit on it for a year or two notwithstanding any unusual events.

Hard to imagine .were going lower unless they closed shop which does not appear to be the case from reading the Q

At this pps, I think the reward outweighs the risk by a decent margin

though I expect the mm's to continue with funny pps business until they list on the bb. that's okay though, more time for accumulation at cellar prices

[KingofPennies]

secolton_could you POSSIBLY be scared of

Who said anything about being scared but you? I have concerns. That's a big difference. Yes, I am concerned that the filing reported that they generate 2/3 of their revs from 10 companies. Yes, I have concerns that their next quarter report will be in the start of the economic down turn. Yes, I have concerns that their business model is weak. Yes, I have concerns that the company is so irresponsible that they lied about when they were going to file. Yes, I have concerns that the IR won't take calls. Yes, I have concerns that the company wasn't aware that the stock was trading at 1-2 pennies. Yes, I have concerns that they are reporting larger and larger losses. etc....

Who wouldn't?