News Focus
News Focus
icon url

TRUSTUNITS

07/23/11 3:50 PM

#31069 RE: Jobenny #31065

I agree that they are trying to fund the business.

Look at the I/S, the expenses at each category is not out ragously high.

I feel we are headed to penny land
icon url

sliderulex

07/24/11 4:52 PM

#31092 RE: Jobenny #31065

If there was a reason for me to trust LKEN, I would support it like I used to support it. But I do not find good reason to support it. However, I do like your attitude, even if it is perhaps a bit too pie-in-the-sky naive.

You are overlooking one possible and serious future dilemma: The Dreaded Reverse Split! The dreaded reverse split is most likely in LKEN's future so that they can bring the pps back up from the dismal slime pit gutter it's in. But they will only do the dreaded reverse split, most likely, AFTER they have made enough money (perhaps they already have?) from dilutions. Remember, they will do what they think is good for the company, not the investers.