Replies to post #32982 on Lecere Corporation (fka LCRE)

[SMaturin]

I shall spell it out as simply as I can, hoping even you will "get it."

Jim has raised OS in two separate ways. One has been small lots of "rule 504" sales to raise working cash. Those have regularly been reported in the filings available at http://www.otcmarkets.com/stock/LCRE/financials

Such share sales are part of his long term plan to raise the capital needed to build a profitable company BEFORE it can start earning revenues. This is the reason the stock market exists, to provide funding for private ventures by selling shares to individual or institutional investors.

The other way he raised the OS is through restricted shares given to management as an incentive to make the company succeed, and to keep majority control within the company. See my most recent post for the reason I think Jim is making good decisions for us shareholders in this regard.

[just_chill]

I am not bashing...but I agree to one point which Tavy said.....I had the same question in my mind when I read the blog this morning.....

Jim always said no dilution is happening....and in today's blog he has mentioned that they diluted to raise capital....but he also mentioned that none of the restricted shares are sold....

so looks like something is not adding up....but that does not mean that he is scamming....just wanted to point it out....That is all.....

GLTA.....