Replies to post #31286 on Lecere Corporation (fka LCRE)

[Tavycal]

They will not buy on the market. Why would they? They will buy more 504's. There isnt much risk in 504's as long as the CEO is your friend and can issue false and misleading press releases. And 504s are legal unless someone is funneling info to the SEC.

[riverandfold]

sry...turned off my computer yesterday, to answer your question, I think they will continue to utilize the 504 treasure chest as long as it's available to them. The 504 investor most likely will not buy shares in open market until the 504 treasure chest is empty, or the company is funded thru operations, then they would buy shares in open market. But it would be silly for them to do it when they can continue to get the automatic 50% discount thru 504 and turn 100% profit right away.