Replies to post #19582 on Left Behind Games (fka LFBG)

[greedy__malone]

The company is not profitable and therefore can not buy back stock. To do so would require a financial obligation that they have no way of repaying other than through stock issuances which would be totally stupid considering they would be buying shares at market price and then issuing discounted shares to pay for them.

Last time I checked that means more shares would exist because of such a dumb plan.

[biko]

FOR ALL TO READ....

Hey Law, Low, Pink, Missy, Nik, Eagle Tallon, and all others in it for long term...
I posted that I sent Troy a "quick business plan" which would easily solve o/s problem without burdening shareholders AGAIN. It would start with him retiring/buying back shares using monies from sales. This being a $300,000,000 - $500,000,000 industry of which he has cornered this segment, the proceeds coming in would very easily take care of that. If he did this and announced it today. shareholders would rally behind him and there would be no looking back... WOW is all I have to say. Here are some of the highpoints of the plan I emailed him (which he responded to)...

I have been poking around a bit and doing a tremendous amount of due diligence. As my favorite President, Ron Reagan, said "TRUST BUT VERIFY". I have urged Troy to reverse his decision and listen to the shareholders. We are in this situation, not because of the actions of the shareholders, but by the actions of Troy and the board of directors. I won't bore you with all the details (it is all out there for anyone to look up). Please don't get me wrong. I believe in the future of LFBG and all it stands for, and given a fair opportunity by Troy and the board with HONESTY AND TRANSPARENCY, it should be a household name in a year or so. If played right we will make it to NASDAQ/NYSE, but this stunt (piled on all the past one's by Troy and the Board) did no one any favors. BOTTOM LINE IS THAT TROY AND THE BOARD GOT US INTO THIS MESS BY PUTTING "BILLIONS" OF SHARES OUT THERE TO MAKE SHORT-TERM MONEY. WE NEED LONG TERM VISION. THIS IS INDISPUTABLE FACT. I HAVE OWNED, RUN, AND HAVE BEEN IN BUSINESS ALL MY LIFE. THIS IS NOT "ROCKET SCIENCE" ..... SIMPLY PUT HERE IT IS: 1 - TROY AND THE BOYS GOT US INTO THIS MESS AND THEY SHOULD TAKE RESPONSIBILITY TO GET US OUT (NOT ON THE BACKS OF SHAREHOLDERS) THAT WILL BE
THE "DEATH NAIL" FOR LFBG AND SHAREHOLDER TRUST
2 - SLOW DOWN THE BUSINESS PLAN TO GET TO NASDAQ. IT WILL COME. BUT TO RUIN A COMPANY'S REPUTATION (AND IN THE BUSINESS WORLD REPUTATION IS
ABSOLUTELY, 100%, NO IFS ANDS OR BUTS ----- EVERYTHING. YOU LOSE THAT AND YOU ARE FINISHED). I HOPE HE LISTENS TO THIS !!!!!!!!!!!!!!!!!!!!!!!!!
3 - AS I SAID THEY SHOULD BEAR THE RESPONSIBILTY TO GET US OUT. IF IT WERE NOT FOR THE SHAREHOLDERS LFBG AS WE KNOW IT WITH ALL ITS POTENTIAL
WOULD NOT EXIST.
4 - HERE IS HOW THEY DO IT... VERY SIMPLE PLAN. THIS ALOT SLOWER BUT WILL REAP HUGE REWARDS.
a. PUT OUT RELEASE THAT THEY HAVE LISTENED TO THEIR SHAREHOLDERS AND THERE WILL BE "NO R/S, NO DILUTION, & FULL OPEN TRANSPARENCY
SHARE-PRICE AND CONFIDENCE MOVING FORWARD WILL ABSOLUTELY SKYROCKET (EVERYONE AND THEIR BROTHER WILL WANT TO BE PART OF THIS
UNUSUALLY HONEST STOCK
b. ALSO ANNOUNCE THAT THE COMPANY WILL BE RETIRING/BUYING BACK/REDUCING THE QUANTITY OF SHARES BY CAPITAL THEY RECEIVE FROM SALES ETC...
THIS IS KEY : THIS IS A $300,000,000.00 TO $500,000,000.00 INDUSTRY OF WHICH LFBG IS VERY WELL POSITIONED AND HAS AN ABSOLUTE MONOPOLY ON THIS
SEGMENT OF IT. LFBG, IF OPEN AND HONEST, WILL BE A HOUSEHOLD NAME AND SALES ALONE COULD RETIRE BILLIONS OF SHARES IN A FEW YEARS. ALL THE
WHILE SHARE-PRICE IS GOING THROUGH THE ROOF CREATING MORE & MORE CAPITAL. THIS IS A NO-BRAINER. IT IS JUST STARING THEM RIGHT IN THE FACE
c. THE DIRECTION/MOOD OF THE COUNTRY (SHOUTING OUT FOR OPENNESS AND TRANSPARENCY) WILL CARRY LFBG FOR DECADES. WE ARE HEADING BACK TO
OUR ROOTS, SANITY, & RELIGION FASTER THAN I THOUGHT I WOULD EVER SEE IN MY LIFETIME. PEOPLE SIMPLY HAVE HAD ENOUGH OF THE GARBAGE & LIES
d. WHILE THEY HAVE BEEN METHODICALLY AND SLOWLY BUYING BACK/RETIRING/REDUCING (or whatever you want to call it) AND HERE IS THE KEY FOR LONG TERM
SHARE-HOLDER SUPPORT - THE FLIPPERS/DAYTRADERS/BASHERS HAVE BEEN WEEDED OUT AND WE ARE LEFT WITH DEDICATED, TEAM PLAYING, LONG-TERM
INVESTOR BASE. SHAREPRICE HAS BEEN SKYROCKETING BECAUSE EVERYONE WANTS IN, DEBT IS BEING PAID DOWN, SHARES ARE BEING REDUCED...

BAM... WE ARE POSITIONED AND HAVE A GREAT FOUNDATION FOR THE "BIG MOVE"

If Troy and the Board do not substantially change their stripes, LFBG is finished. His reputation right now as we speak is teetering on the edge. If he chooses to follow the bad advice his Board has been giving him, he is toast from a reputation standpoint. However if he were to follow the plan outlined above... he would be an ICON. and LFBG would be the new standard for all "pennies"

Well Eagle I can only pray that Troy will listen to common sense and not be stubborn and have hurt feelings. This is business and if he wants to be truly successful with an honorable reputation,
he needs to step back and think before his next move ! ! ! ! ! ! !

Please weigh in and give me your thoughts and if possible speak with Troy. I think he is angry with me.

God Bless

biko