I told you this was coming years ago. Can't believe it took this long. Meanwhile, Local execs have been living good as shareholders go broke. Local has NEVER had a product! It's been a scam from day one, buying and reselling traffic isn't a profitable business when you're paying $400,000 salaries to misfits. You won't see this company in 2016. Still too soon to cover.
First of all It's amazing that you're still here. How much more obvious can it get that they dragged this out as long as possible to keep getting that big paycheck! Insiders never bought shares, just sold shares that were given to them. Flank you have been here 5 years +, lost at least $400,000 and still haven't figured it out yet? You're truly an imbecile. Thanks for you money though! PUTZ!
I like how all the cry babies are here now posting about lawsuits. The only thing you'll get out of your investment in Local is a valuable lesson. Don't buy garbage and ignore obvious red flags unless you're comfortable losing every penny of your lousy investment.
As for shorts, congrats! It's not going to be easy to find an ATM machine like LOCM again.