I tend to agree with you. MB has made a huge mistake with his dilution strategy when it comes to the shareholders. LLEG is on it's way to becoming one of those useless subpenny stocks that flucuates between .0001 and .0002. Any attempts by MB to finance the company in that range will be futile. MB should have declared a moratorium on dilution for at least two years so the PPS could rise on it's own. Then there would have been opportunities to sell into strength if the company needed funds.
pigfarmer, According to this http://www.otcbb.com/asp/OTCE_Short_Interest.asp short interest has increaced. As was mentioned I believe the day after the "bump", a poster reported Scott T was requiring traders to call in to place a buys. Having been with Scott Trade for awhile, we have learned there is in fact a strong relationship with the MM NITE. Our low level experience and based on observation and DD. It leads us to believe that NITE plays the short game often & has a close relatioship to NITE. Knowing this together with the fact buys can only be executed via phone, my uneducated guess is that there indeed is an MM effect on the pps. This requirement appears to indicate ST wants to make buying as hard as possible. I am not knowlwdgeable enough to explain even this even if I understood how this works but the first chance we get we will be leaving ST & NITE. This is all based on my prejudiced ignorance. If anyone can enlighten me as to the error of my thinking or if there is any credance to it I would greatly appreciate the input. JMO, Nez
News 
Market Data 
Discover 
