easier to post this than just admit you were mistaken again. There are SEC rules, not conference call rules old man. Participant mode, speaker mode. DUHHHHH
As for why 1 share traded, your good friend Jose lost 70% on VLTC in a week. He only had 1 share of LACO left after the reverse split so he sold it to try to pay back Mustafa who he bagged in a WYNN short after it dropped 20 points.
Explanation is Jose and you suck.... in the stock market too.
Lyle pays for the conference call, controls the switch board, and can talk about,
and invite conversation from anybody he chooses. NOW for the tough question.
At 11:30 on May 1. 2015 exactly 1 (one) share of LACO has traded. Up 3 cents.
Can anyone knowledgeable about the stock market explain this to me?
Toby, why do you insist on fighting me on things you know you are wrong on.
The reason why the operator says the callers are in a listen only mode is because they are NOT PARTICIPANTS.
Why don't you and your life partner go do what you do best, shop for antiques.
Callers do not just ask questions. Thus, we have another missed CNO
memo about "questions only". CNO, you need wider distribution on your
conference call regulations.
you are talking about asking questions as a caller? Why didn't you say so. THAT IS EVEN A MORE RIDICULOUS IDEA
Gee Whiz! The last conference call I listened to some 30 to 40 individuals who
were not on the payroll spoke, asked questions, made suggestions, criticized
management, etc. Guess they missed the CNO memo about "only payroll"..
Seriously, are you just clueless or an idiot? THE DEAL IS NOT DONE, THEY CAN"T BE THERE UNLESS THEY ARE ON THE PAYROLL.
90% of the people lose money in the market because they are ignorant.
The 10% Toby is not included in lose money due to greed, bad luck, or forces out of their control.
Seems perfect to introduce himself to the new majority stock ownership of GOLDEN
GAMING. The merger will happen. Lyle owns 28% of 64% and Mr. Sartini owns 36%
of the new GOLDEN GAMING. Do the arithmetic. There is no reason to be coy about
not happening and modern communications present no problem.
Toby, I think you're getting way ahead of yourself. LACO still has to report their results for the first quarter and future quarters until the merger is closed. The employees you mentioned are likely on some sort of retention agreement and still working out of the Minnesota office. There's probably some sort of rental agreement with the general office building buyer. As yet, nothing has really changed from business as usual. Legal and several other functions are probably outsourced and very few of the employees you mentioned are likely included as a key employee.
Controller, Data Processing Supervisor, data input employees, Personnel Manager, Day to day
Attorney, Marketing manager, Purchasing manager, Corporate Secretary and a few others.
No corporation can function with only a CEO and Chairman.
You think way too much. There were no key employees in the company, just the two. Nothing gets transferred until the deal closes.
Too far gone. Meaning almost impossible to reverse. No building soon. Key employees left
or told to leave. But the big elephant not in the room is the probability that computer data
is transferred or in process of transfer. If data is now going to Vegas for processing?
It was no double or nothing Toby but at least you are admitting I was right.
I don't know what you mean LACO is too far gone? LACO is priced where it should considering nobody knows Golden's plans. or whether they just were after LACO's cash and this was a cheap way to get it.
CNO, my MGT holding was called "double or nothing". Win some,
lose some. This one I lost but you were right about MGT. Regarding
LACO, the SMAY posting above that LACO is too far gone sounds
much more realistic.
But Jose and Toby said Ohio would be an IPO that would bring us to double digits.
Are you saying Jose and Toby have no clue?
Even the reverse split did not get us to Jose's double higits.