What people here are looking for is a leader who can implement a successful business plan in less than 5 years and show a pattern of growth over that time period.
You know, controlling expenses, growing revenues and knowing when to change direction if something is not working.
Just going forward, using billions of shares to create a vacuum that is destroying shareholder value while ignoring your own products revenue numbers is completely and totally insane and shows just how foolish one is when they are not using their own money to fund this.
Nobody, and I do mean nobody could or would sustain this type of loss over a 4-5 year period if they were paying all the bills out of their own pocket. What Troy is doing now is selling stock not video games. He is using video games as bait to get people to buy hundreds of millions of shares from him on a quarterly basis.
The share sales are consuming this business and becoming the #1 priority as the company does not generate any profit and the loss is so great that one quarter without these discounted share sales would dissolve this company.
In other words, the company is 100% insolvent and can not continue on if they are unable to sell nearly a billion shares every 90 days at a steep discount to funders who have to sell them in order to raise the cash needed for LFBG to simply cover losses, pay lawyers and keep the lights on.
It truly is ridiculous that after nearly 5 years that this is the position that LFBG is in. Troy is the CEO. It is his duty to make money. And I think very few people would or could argue that this company is being destroyed, eaten alive from the inside out.
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