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turb

01/10/12 2:21 PM

#102324 RE: BigBucksFl #102323

It is Possible that Mike Can Keep Issuing

shares to himself, keep selling and R/S and then issuing again new shares and repeat again the same thing as is done in case of other company e.g. GNTA.OB (Genta).
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DragonBear

01/10/12 3:55 PM

#102332 RE: BigBucksFl #102323

Matt. Just popped in to touch base.

In so far as the increase in Authorized shares being lifted to 9B, if you read the release, this is to accomodate the conversion of all the other classes of stock to common, a fantastic thing to have happen



Good grief. Diluting the float from 2.4B to upwards of 9B is hardly "fantastic" for the common stockholder. Hint: When stocks are diluted, they go down in value, not up.

We know that us little guys now hold 2.5B shares of common



Incorrect. We know Mazula holding 2B. Subtract out the common management holds, and the current liquidity in the 2.4B float is about 400M for the "little guys". That also explains why you didn't see a panic sell of 2.4B post suspension.

So our 2.5B shares equates to just under 28% stake in the company. Not bad for a start up that previously was running on stock deals and partnerships.



Your 400M shares diluted potentially 3X in value in the future is hardly 28% ownership. Also the company still is running on stock deals.

The company now has a vested partner with deep pockets, millions in the bank



Who is this vested partner? Mazula? Do you see any announcement by Bart he has Susanville financing lined up? New Bedford? After all this "vested partner" has been around since 06.
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lurker27

01/10/12 8:00 PM

#102352 RE: BigBucksFl #102323

BBFL -- everything in your post is based in fantasy, not fact.

Perhaps you can take the advice of your fellow "true long" Matt, even though it slipped his mind to mention it to you:

This is a fresh year, if LLEG wants to air it out there and provide all the details, whether ugly or not, we owe it to ourselves to remove spin.

I love that advice. And it should be practiced by all.
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lucky, mydog

01/10/12 8:04 PM

#102353 RE: BigBucksFl #102323

IF a R/S comes with UpListing, all the better.

an r/s has nothing to do with uplisting. in order to uplist, a 15c2-11 has to be submitted with a sponsoring mm and accepted by finra. that will never happen. not with this scam.