Replies to post #14656 on Locan, Inc. (fka LOCN)

[bobentley]

You're wrong. We are the shareholders of LOCN. And when LOCN merges we become the shareholders of the merged company. That's what a R/M is all about. You are spreading mis-information.

[MNYC]

As a final note, you dont have a guarantee of profits even if there IS a merger. As part of the merger, they might decide to start diluting right away, change the share structure, R/S, etc. and effectively cancel out the old shareholders of the shell. The new company doesnt neccessarily care about you. You didnt invest in THEIR company; you were a bottom-feeding gambler investing in a shell that they happened to merge into, which does not neccessarily mean that you instantly inherit the value of their company.

Are you saying that LOCN would give a $h... about it's investors and allow that to happen and screw them like that?

Just like DYER, LOCN (with almost identical S/S) too can go to 5.00+ without any S/S intervention.

[TeraDyne]

True, you become a shareholder of the new company, but to what amount? Chances are it is not proportional to the amount of the shell that you had. If the original shell has 100M O/S, the new company might decide to add 900M to it to represent themselves. Now the OS is 1B. If you hold 1M, now instead of owning 1% of a shell, you own 0.1% of the new company. This may still be profitable to you, or it may not.

[LonJandis]

I appreciate your opinion, but I'm not in the same position as you are. If I were a day trader, or if I made my living on the market, I would probably trade in a sense which you describe.

However, I have a day job, and I cannot devote my undivided attention to stocks all day. I believe that I have found a great investment in LOCN, and that when the event occurs I will see a large return on said investment.

Maybe one day I can quit my day job and jump from stock to stock, but for now I'm looking at picking an investment, being confident with my decision, and seeing it through to the end. For that scenario, I believe LOCN is a great opportunity.

As a final note, you can't have a guarantee on profits on ANY stock. For a number of reasons I believe LOCN is a safe play, and I do not believe there will be much, if any, dilution after the merger. This stock already ran over 50,000% gains and there was no dilution during that event.