Replies to post #446 on Leatt Corporation, Inc. (LEAT)

[motoman]

This stock will never rech $1.00 per share. Never.

He owns so many shares, he'd sell it all for 40 cents. If someone would actually buy all his shares.

[pungushe]

Quoted from Q2 financials:

"At June 30, 2009 the company had cash, cash equivalents and short term investments of $3.3 million."

So it's not as if he's sucking the company completely dry.

As always though, I'm excited to see the next piece of news. Hopefully they'll have something interesting to tell us at the shareholder meeting.

[motoman]

Regardless of economic conditions, a high growth company that shows a loss in the early stages, says you're on the wrong track. Also, ask why there's so many shares, why don't they do a reverse stock split to raise shareholder value. I'd love to hear their answer to that.

Ask these at the shareholder meeting.