DISCLAIMER: Posts should be taken as opinion only and should not be considered as investment advice. Do your own DD before buying or selling any investment.
@Schito_74@lvginc_ Even with this delay, there is no good long term news to keep this from rising. I would expect 600-800M shares by end of this year. They are currently at 120B shares if comparing to pre RS conversion. $LVGI has been a joke for years. No good growth has occurred.
Another LOI? Seems like an LOI comes everytime the stock is on verge of collapse. Not sure if that is a coincidence or not. $LVGI. However still significant debt conversions. How much would this agreement add to convertible debt?
@Likko_G They have a set dilution at 0.0005 for 30 days. Why would you encourage anyone to buy above .0005? Beats me. This company will allow it to dilute to 0.0001s. @lvginc_ $LVGI
@kemptrade It could be headed to 0.0001 and then maybe no bid. They have at least $1M in debt to dilute. At 0.0005, that means 2B shares. At 0.0001, it will be 10B. I also expect the debt conversions so far have only been enough to pay for interest and not principal. $LVGI @lvginc_
@Likko_G Should have waited. Expecting that sub .0005s will be available soon with the amended note terms. $lvgi is headed to 0.0001 and no bid if this continues. Business seems lackluster at best. Without rs, gone is pennyland potential. @lvginc_
@lvginc_ Is this store even running anymore? Better question, is anyone running $LVGI at the moment? Or is it left for dead except for the debt conversions?
@lvginc_ Looks like this did not happen. Massive depreciation of the stock. Stock is back down to pre RS levels! $LVGI. Looks like the market considers this a junk stock. Sad that the company has not been able to provide any sustainable value for shareholders.
@lvginc_ Looks like any day trips could hit. Unfortunate that the price is almost back to pre split levels? What about all those tweets bashing other companies with bloated floats? Now $LVGI would have 49.8B shares if the RS had never happened. Shareholders are down 95% since the RS.
@OtcShelby The float was not even 70M in late August and look where it is now :). Unfortunately dilution is not expected to slow down. With dilution at 0.0018, bounce right now would seem limited at this level. But perhaps you are right $LVGI
@ScottHawley1973@GreenBaRvaz@lvginc_ If Rokin, Keto or Jasper had never been bought and borrowed 1M from leonite, shareholders would be way better off right now! Unfortunate how much the business choices they have made have had a tremendous negative impact to shareholders which most may never recooperate from. Sad!
@lvginc_ So for $LVGI to make $500k from this deal, Keto would need to post a $5M profit? This would require sales to be at least 20-30M annually? Seems unlikely to happen any time soon and this appeared to be a PR stunt to inflate the PPS compared to good business.