2006...................................................................
If you check the dates in those articles from 2006, it was long before the game even came out, and not one of those people or groups had even seen it.
At the time, the stock was several dollars per share.
It took two years for the company to clear it all up, and by that time, the stock had plummeted, but WalMart never took the game off their shelves.
This was national news at the time, broadcast by all the major networks.
There had been attempts to try to destroy a good company by groups that were told lies by others.
You can be sure there was massive shorting of the stock going on.
It's only a good read because it shows how good people, and good companies can still be destroyed by innuendo and greed.
None of that was the fault of the company or the CEO.
When the smoke finally cleared, too much time had passed to file civil damages, but to me, it was a series of hate crimes, and done for specific greed.
It ran its course, and new games had to be developed, better distribution too.
To keep the doors open, and to develop new games and get better distribution, stock had to be sold by private means, and that is where we are today, with a growing company, good clients that are handling the games, and a national contract with the largest retailer in the United States, and much better distribution.
Back in 2006, there were only around 200 WalMart locations that handled the game, but were not correctly regionalized for best effect.
If anything had really been wrong with the game, LFBG would not still be in business, would they ?
The negativity we see these days is the direct result of institutional shorting trying to drive the price down, but now there is better reporting by FINRA through the Daily List of Legally Executed Short Sales.
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