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  • jaydgee71 jaydgee71 Nov 30, 2010 4:30 PM Flag

    LFBG Potential

    Bottom line is this! no matter how much sucess the company may have in the near term, no significant share price increse will occur while having such an outrageous amount of authorized shares outstanding. Had this company have 10 million shares outstanding, this stock would not be trading here on the OTC that's for sure. Lower the A/S, float, all while solidifying the business structure, along with continued solid revenues and profits and this stock would raise plently of more eyebrows. Until then, penny land is all it will see for some time.

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    • Make absolutely no mistake about it, the only reason this stock is trading at the sub-penny levels, and on the OTC is due to its outrageous amount of A/S. Deal with it!! or the company can start performing some reverse stock splits to lower the A/S down substantially. If not, pennyland is where you will be for some time. The company does not have 2 million dollars to be buying such significant amount of its shares back at the moment.

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