Lignol Energy Corporation V.LEC

one seller

[M101]

Just one seller for most of the volume in the last week or so, but it's well over 1% of the issued now and no sign of running out. Certainly not trying to drive the price down but it's an awful stock to try to raise cash from. I've doubled down, in for a penny in for a pounding.

[SlumdogMillionaire]

I agree M101. With any luck they will find a strategic partner to help with cash needs and won't even have to issue more shares. I also doubled down (tripled down actually) as I don't think decades of progress in a cutting edge industry is only worth a $4mil market cap.

[M101]

Bit of a relief that our anonymous seller isn't willing to keep dumping below .08, at least not with the recent general market bounce. A few more days of no trading and maybe the bids come back. There seems to be a lot going on at UBC in this field, at least on the tree biology side, someone is going to crack this nut.

[2guys]

If only sellers would stop selling, maybe LEC would have a chance. I've written off this play long ago when Lyall began selling, and found that they weren't the only lignin producer in the pond. How's about management cut their salaries and put the money into the technology? Maybe then they may stand a chance, but IMO unless they announce a strategic partner soon, this will make for

[M101]

The dates don't match up exactly but Disbrow is clearly part of the Anonymous selling. So what, Disbrow is a player https://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=PersonSummary&PO_ID=52684&HC_FLAG1=on and Lyall is a smart investor who played the trend reversal at twice the price we have today, while keeping most of his position. So neither of these sellers say

[SlumdogMillionaire]

I think/hope this company will get acquired. <$4 million market cap ridiculously undervalues this company on so many levels. From these levels there is no doubt in my mind that we have a huge winner here, we just need to be patient and wait for it's time in the sun.

[M101]

Yep. By taking the other side of Disbrow's trade I'm pretty sure I'm buying low. Because he either got the stock free or he's taking a convenient tax loss for something he never paid cash for. It's a game and guys like Disbrow write all the rules. If I make a profit down the road because I'm willing to hold then they get to say it's how trickle down economics works and