RE: RE: Sedar docs geezer,
In the nearly five years I've owned this stock it's gone from 70 million shares to now [fully diluted] about 800 million shares. All on OUR money - at least until recently. And Mark Brenner still has been unable to get any of the properties into a sustained production where Largo is making any money or to close that poxy loan. He keeps borrowing and borrowing against the "promise" of that loan being completed but we continue to pay a premium for those funds.
Along come the "big boys" and they invest. But look at what's happening - Mark still can't get that loan closed after almost six months, the warrants, shares and options for the "investors" [what are we?] has been reduced [less money coming into the company] and we still have virtually no revenue stream. The net effect is that the value of our shares is being diminished substantially both by the inflated number of shares issued/promised and the reduced price of those shares. In short, Mark Brenner is throwing us under the bus for his "investors". All of which is kept hidden since he no longer seems to make news releases. This sure seems like insider trading to me - but then this IS a Canadian company and the rules seem to be non-existant when it comes to protecting ALL shareholders. Not impressed - and getting tired of promises.