My one worry is if LLEG management decides that keeping the company puplic is not worth the hassle and decide to take it private.
At the current price IMO management couldn't afford to take it private. At a price of 0002 or below, they might pass the hat around for $400K+. That might be front runned by a special divy on the preferred stock they own. Announced? Also the SEC is paying closer attention to reverse mergers. Management would most likely have to address the major issues with the SEC, before attempting one. Unclear is whether there are restrictions on how fast a company previously under investigation could do a reverse merger, and issue new common stock to start the game over again. Presumably there are.
Either way it appears some long length of time will have to occur be it a year or more before management would have the option of going private. Wait for the PPS to crash a lot more, and get out from under the SEC shadows. The incentive being to issue new stock under another ticker, and getting new seed money. Else the LLEG common stock stays where it lays.
Market Data 
Markets 
AI
