Absolutely! Buy all the LBIX you can get your hands on!
I'd buy, too, if I wasn't fully invested. I always buy stock in companies who do a private placement because they need an immediate infusion of cash to stave off a default on their bank covenants.
LBIX is broke. Don't you understand that? Can't you see what the market is trying to tell you? There's very little money in the bank, and what there is is borrowed. Everything management says about the future of the company is a big fat maybe. The only certainty is that the balance sheet is in very bad shape. It used to be that boring old bottling covered the nut. McRae sold it off and lost accounts. Now they have branded that aren't paying the bills. If they have to refinance again, LBIX's prices today will look expensive.
Management of LBIX has been running what I call a pink sheet company, not in the sense of falling below NAS standards, but in the sense that the top-tier execs, as often happens with companies on the pinks or the NAS BB, make certain to fail upward even as they run the company straight into the ground.
Why do you find it so hard to believe I'm here to give potential investors my perspective?
I don't care about you. I'm here so that people who think the company might be a bargain at these prices, and are considering buying on that basis, have my side of the business story. You post your side of the business story. Let them decide.