Replies to post #37115 on Left Behind Games (fka LFBG)

[jazz_1]

Yes I agree. That last PR that LFBG put out in early February pretty much said it all: reducing capital resources (including people) and decreased sales. LFBG will not be able to operate as it has been and survive. I have not put any money into the company since last July. Others caught wind of the dangers long before me. The company is going through a very difficult time and refuses to acknowledge its own role in the events. Shareholders see this travesty of a declined share price and crazy 500:1 then 50,000:1 attempts. I did not understand how LFBG thought a 50,000:1 split would benefit shareholders. Now I realize that the company was not concerned about previous shareholders, only the new ones that come onboard. Thankfully FINRA had other ideas. Soon the company will probably notify everyone that the 50,000:1 split has been disapproved and will attempt a different denomination. Someone at FINRA gets it. Just like a bank who hands out loans or a venture capitalist who invests in a company, the proof is in the business plan, the future growth of the firm, and the benefits to the shareholders. FINRA did not see any of these upon their review of the 50,000:1 split but rather a company desperate to sell shares to raise funds without solid business operations. LFBG can't obtain funding and the stock is not selling. The fat lady may be whispering in the wings.