I don't think that is the case. I think Stallion did help Jim acquire a LOC and was given a percentage off the top. They are probably being paid a retainer at this point for continued 'consultation'.
My guess is that they have already been partially compensated, if anyone had done even a modest amount of DD on Lecere they would require payment upfront. Any agreement involving shares or milestone payments would be considered too high risk for most competent investment brokers.
So since the 'D' has been removed (although I still don't have my shares) I guess this can now be considered Lecere 2.0. Investors in Lecere 1.0 didn't fair so well, with the minimum loss shown at over 90%.
Initial long term investors, they ones most loyal to Jim where dragged through two A/S increases, constant delays, over estimation of revenue/customers, smoke and mirror PR's, insulting/degrading communications from Lecere management and broken promises only to be rewarded for their patience with a devastating and absurd 1:10000 reverse split.
So what of Lecere 2.0?
I don't see how anything fundamentally has changed except for the share structure and the fact that the person who developed most of the product is now no longer on board. The company still does not have an automated sign up process, still isn't remotely close to delivering the product that was advertised over a year and a half ago and as of the last customer PR (which has been sadly lacking recently) had only about 2% of the number of paying clients needed to self sustain.
I have read through many of the posts and noticed some people mentioning that a large chain sign up would turn things around, while I agree with this I see this as being very very unlikely.
So what do I recommend?
Wait and see. Do not buy, do not 'average' down', do not recommend this stock to friends and family. The way I see it is that at best this was just a really poorly run company and at worst this was an operation designed to make money by selling stock, not an actual product.
I just don't think its worth the risk trying to buy in now (or again) thinking that if you don't get in now you will miss the boat. Trust me, if anything radical happens with this company there will be plenty of time to buy in. However, I don't see this happening in the short term so I think its better to sit on the sidelines than to regret getting in too soon. I'm sure most investors in Lecere 1.0 would agree.
This is of course is all just my opinion, your mileage may vary.
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