Let's see, you spend the last five years complaining about "The Streetsweeper" and how they are criminals for writing an article about the questionable practices of management ... and now, here we are five years later, you yourself are questioning the practices of management and calling them criminals.
I don't know, but I find that to be strikingly ironic.
Rather than searching to pin blame, I think you just need to accept that LOCM has been a terrible investment over the years ... face it "The Streetsweeper" was right.
After the 50k+ postings you have made trying to convince folks to buy this #$%$ is the real crime here.
Although our financial statements have been prepared assuming we will continue as a going concern, our management and our independent registered public accounting firm, in its report accompanying our consolidated financial statements as of and for the year ended December 31, 2014, believe that our recurring net losses from operations and other factors have raised substantial doubt about our ability to continue as a going concern as of December 31, 2014.
Curious choice of words ... why did you leave out "wives"
Are you suggesting Lori Chavez is running the show (she's the only female on the executive team) and she has more than one husband, or are you suggesting all of the male executives are gay?
"Criminal Management"? This is new ... now you have everyone conspiring against you.
Your money is gone, you're not getting it back holding on to LOCM, and you have no one to blame but yourself ... live with it.
Well, it may just be, perhaps, that the whole naked short seller thing ... is simply a figment of your imagination, and that the financing deal is being viewed by rational investors as an act desperation.
The joke is on anyone who believes the company has a chance.
If this company has any intrinsic value, why has management given the company away and agreed to loan shark interest rates?
which I'm sure it was.
They must know bankruptcy looms large.
I'm thinking they will.
Hmmm ... you think they would buy shares with their own money if they were so sure.
My guess, management are too busy polishing up their resumes and clearing out their desks of any incriminating documents.
Just a guess mind you ... but they don't seem to be doing much else.