Naaaa....with the right news and actions by the company this can recover nicely as new money would flow in and increase buying pressure. EESO was in the exact same boat last Fall and most peeps thought it was hopeless but that bad boy ran from .0003 to .051 from January to February with some announcements. They had over 1B AS and OS as well and were dilution machines but they didn't dilute into the run which helped give it power to trade "normally" on the way up.
IMO LGTT has much, much more going for it than EESO had/does. CEOs are both egomaniacs and delusional but entrepreneurs are a lot of the time. Greg needs to learn how to be a positive factor affecting the stock versus a detractor and liability. Why in the hell did he hire Urbanity Communications if he wasn't planning on using them? I particularly like this part of Urbanity COmmunication's Services section of their website. http://www.urbanitycommunications.com/services.htm
"If it garners an audience or brings value to our client’s brand we are not afraid to suggest it. From bus wraps to pizza tops, to dry cleaner bags and third party tie-ins with concerts, sports teams or lecture series. In today’s powerful media world, it’s not who spends the most that wins; it’s who markets the smartest."
IMO he won't R/S but has chosen to bring in these folks to help bolster his company's brand, image and ultimately Stock PPS. But Greg doesn't always do what makes the most sense...
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