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Leading Brands Inc. Message Board

  • InvestorUSA InvestorUSA Apr 7, 2008 10:32 AM Flag

    Out-LQQK for LBIX

    In my opinion, the price of LBIX $hare$ are headed DOWN to le$$ than $0.50 before or right after the fiscal year audited financial statments are issued... this is based on my belief that a $eriou$ question of "GOing Concern" status has been raised by the auditor ... this condition has probably been further exacerbated by the current quarter's ca$h flow difficulties ... ALL, just my opinion !!!!

    iUSA

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    • opinions are like assholes everybody has one???

    • My opinion is that you're completely out to lunch and unable to separate your obvious hope, just because you sold below 1.00 and can't stand being wrong twice, from reality. You're greatly magnifying the importance of anecdotes in a few areas and completely ignoring the success in Canada and growing listings in the U.S IMHO. It's not too long ago that you posted glowingly. Of course, that was before you sold. This post goes beyond any other you made as rank speculation and I find it sad.

      With Lbix's market cap below 25M, it could easily get bought by, for example, a Cadbury who wants to further expand into Canada and could more cheaply distribute TB and the other brands in the U.S. Unlike you, I don't make reckless predictions. I speak of things that would make sense. Lbix could be bought so cheaply that its cash status wouldn't even seriously enter into the analysis by a potential buyer. I do think that that will likely happen (at 2-3), if Ralph doesn't soon see a path to profitability. If he does and shows some numbers, we could go much higher than that without a deal. That is my best guess. Anything is POSSIBLE, but your scenario is highly unlikely in my view.

    • IUSA. Who made that statement? What proof do you have? TJ

      • 1 Reply to tjreverberate
      • Apparently, you did NOT read WHAT I said, which was "In my opinion, the price of LBIX $hare$ are headed DOWN to le$$ than $0.50 before or right after the fiscal year audited financial statments are issued... this is based on my belief that a $eriou$ question of "GOing Concern" status has been raised by the auditor ... this condition has probably been further exacerbated by the current quarter's ca$h flow difficulties ... ALL, just my opinion !!!!"

        If I had the FACT$, I would have NOT repeatedly NOTED that the above is "ALL, just my opinion" ... there are several reasons WHY I believe that, which I've noted here over the past few days ...

        Just GO back & read my posts... & remember that it's simply my opinion ... WHAT is yours ?? ... we'll then see whose RIGHT when the auditor's opinion is provided as an integral part of the fiscal year's audited financial statements !!!!

        iUSA

 
LBIX
4.00-0.14(-3.38%)Aug 20 3:59 PMEDT

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