RE:Let me remind you of the fact. Nothing but the factsGood evening investors, here i am again, thought i'd visit LG and see whats up, seems like nothing has changed since i last wrote the post below - Facts and nothing but fact. Well lets add some more facts. Since i wrote the post below, the following has happened: 1. I pasted a tweet from John Mc on Jan 23 where he states that they have enough money and guess what they did today - another PP - more dilution. Now thats a fact. They lied. UNREAL John A. D. McMullen @Jadmcmullen Jan 23 More Since Jan 8 $LG.v has seen over 100m shs trade. Well above the number of warrants & shares issued by both capital raises by LGC in '17. LGC not forcing the warrants. Cash in bank exceeds demands of investments. Filing of fins on track & lots to come from #cannabis portfolio. 2. Another news release - Canna Lab - what did that do to the share price - FOCK ALL..... a quick dash to 59 cents and back to 47 cents today I have said it before and will say it again - i stated the facts in the post below last week and yet once again i have posted more facts today. THIS PIG KEEPS GETTING FATTER. The lies just keep getting worse. It is unfair how poor investors are suffering. This is devastating news today how they are doing a PP at 43.5 cents - Thats the true value of the company in their eyes - not over a buck like most here say.
OMshantiOM wrote: For the last few weeks, LG was pumped to $1.03. That pump coincided with the whole sector also moving up. Most junior plays Like LIB, MMJ, UMB, CHV ETC all went as high as a dollar. While most have them have recovered well, LG has kept going down. Lets look at the last few News Releases:
1. Creso JV - share price tanked as a result
2. Blockchain news - Once again, fluff news that did nothing
3. Much awaited AAA news - Price tanked
4. Green pharma share increase - no one know who or where Green pharma. Again share price tanked.
As you will see, all the news release above did nothing, and now all your hopes are resting on HOH which is no where near or close to what they have promised.
The share price tanked to 43 cents, yes thats right, 61 cents lower than the high of $1.03 2 weeks and bounced off the 50 day moving average and had a run to 65 cents on no news. Let me tell you that is nothing but a dead cat bounce. IT CLOSED YESTERDAY AT 64 CENTS AND OPENED AT 60 CENTS TODAY. Mark my words, LG will open in the 47 to 49 cent range tomorrow and be back down to the 40 cent range. This has only 1 way to go and thats down.
There you have it folks, nothing but the facts. The 4 points i stated above, no one can argue that the share price tanked after every news. With over 300 million shares and more coming as more loose paper comes available later on this year, this has only 1 way to go.