Replies to post #32278 on LIGATT Security International (LGTT)

[Welcome2Pinkyland]

this is a good post Doubledown22 -imo

Some perspective for folks so disappointed lately...
1)Does anyone expect Greg to file for Chapter 7 or 11 bankruptcy anytime soon?
2)Do folks think the business is currently growing or declining?
3)Is the business currently in a sector that will grow exponentially in the future? Will the demand be there for its products or products like its own?
4)Does the comapny have a unique niche or "moat" that separates it from other similar companies in the same industry"

Really consider these overall questions and think in the sense of the company and not just Greg's eccentric habits and activities.

Now ask those same questions for many of the blue chip companies that you can think of...especially #1.

We aren't paying blue chip prices so no blue chip transparency or "rights" or Fortune 100 CEOs come with a .001 priced stock.

[penny me]

Nice post DD22. I often wonder of Ligatt's direct labor and indirect labor rates. Right now I'm not seeing why he needs 25 employees, Stacey Merril and Charles Anderson. But that's a different topic.
You're right on with question number 1. Donald Trump has repetitively filed bankruptcy, and he owns or owned 3 casinos. However he does it deliberately for good reason.... what Greg intends to do is beyond you and me, and we won't know because like you say there is no transparency.

[blademan]

Awesome perspective!! Thanks!

[snatchman0929]

This is a great post. I am tired of impatient investors seeking to get rich overnight. This thing will take time. The upside is HUGE!! If people wanted to get rich quick they should save their money and wait a few months and be happy with that return on investment. That is the safest investment.