The Active Network, Inc. Message Board

financed with an increase in a/p and accrued expenses of $2.25 million - as I predicted.

Increase in accounts payable and accrued expenses = $2.25 million - what'd I tell you Flanky? Cash DECREASED $600k during the quarter. What'd I tell you Flanky?

Short sellers don't need luck with LOCM, they've got Heath.

Sure you did, how many shares did you buy and at what price? What's your total holdings in this POS and average price?

Come on, make up the rest of details.

their past practice suggests they'll file their 10-Q most likely on Tuesday. I'm guessing book value will come in at about $1.85 given the gain and the expectations for operating performance for the year

at least we know it won't be a management buyout, no way Heath would buy this POS stock with his own money.

moron

since adjusted net isn't GAAP, they can (and usually do) do anything they want and call it adjusted net, as long as its disclosed. Since they've historically backed out the mark to market on the warrant liability from their adjusted net I would expect them to back out the charge of paying off the warrant holders with shares.

Now a question for you, since the financing they ultimately consummated would not have resulted in much of a ratchet to the warrant strike price, and its likely they knew what kind of terms they were likely to get in the financing when they entered into the settlement, what was the benefit to LOCM shareholders in paying off those warrant holders?

there's the intellect of an LOCM long

did you buy more today? What's your position in LOCM?

16k shares is good accumulation? How do bagholders with 75k shares ever get liquidity with this kind of interest in this POS?

look at the upside, the stock isn't going down if it doesn't trade, that's a nice change for you.

How about stock prices flanky?

LOCM YELP
11/2012 2.57 18.91
12/2012 2.05 18.85
1/2013 1.78 21.24
2/2013 1.68 22.19
3/2013 1.70 23.71
4/2013 1.67 26.03

LOCM YELP
11/2012 2.57 18.91
12/2012 2.05 18.85
1/2013 1.78 21.24
2/2013 1.68 22.19
3/2013 1.70 23.71
4/2013 1.67 26.03

If LOCM had any IP that was valuable this might be relevant

write downs don't work that way Flank. They don't mark it to the lowest stock price of Groupon in the quarter, they project out possible cash flows from the business. Spreebird still isn't worth anything, doesn't matter that Groupon is up 2x over its low price.

Take an accounting class some day, it will pay for itself by the losses you'll avoid not understanding how these things work.

dreaming of getting back to even on these easy money shares?

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LOCM flashed a buy signal, very undervalued
by letstalkflnance • Apr 13, 2012 11:31 AM
I have 10000 shares @ average price of 2.60. Easy money

really? where's your 13G?