Replies to post #33628 on DD Support Board and Research Team

[DragonBear]

Excellent and accurate observations

Your LLEG analyses over the months has been a complete tutorial on that company, stock, CEO, and the fallout to hapless shareholders.

Thank you for the compliment, but it was almost a blind luck guess, based mostly on my inherent prejudice against "Project Management". Still if you want to reward my account with 10 extra posts per day, I'll take em! LOL It's difficult some days being outnumbered 10:1 by the cult members. ;)

Once I began to think of LLEG as a "Project Management" firm in Feb 2011, all the pieces seemed to fit together nicely. It also resulted in an immediate 50% reduction of the shares I held. I escaped without any pain from LLEG. Where pain seems to be the blinding force post suspension for these stocks.

IMO KMAG might be a larger scam than LLEG for 2 reasons: For LLEG the CEO never actually made statements that were outright lies. They were very generalized, vanilla, and could be interpreted many ways. KMAG claiming it's a manufacturing company is over the cliff. The second is although the LLEG CEO had control over billions of shares (without telling the stockholders), it's unclear how much he dumped into the float. Good ole Bart seemed content to just draw his income from the two(?) main company issuances. All signs point to a scenario where the KMAG CEO may have dumped shares like wild in 2011, and probably 2012. Where after a so called stock "buy back" announcement there is increased share volume, and the PPS goes down. Decreasing the float decreases the PPS??? Then again the "buy back" was mythical IMO.

Someone could write a book on the Psychology of penny stock investing. Another instant best seller. :)