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DragonBits

12/05/08 3:30 PM

#15704 RE: croumagnon #15703

Then I don't see any reason for LFB to have to pay a premium to acquire the rest of GTC. GTC can do a 1:20 RS, increase the shares authorized, and do another dilative loan with LFB the next time they run out of money.

With DIC out of the equation, I don’t think there is anything in the next 2 years that is significant for GTC.

LFB can sit with their 52% and just see how it goes. Even if GTC signs some sort of deal with someone else, LFB wins that way also.

I would invest in LFB, they seem pretty clever.