GREY:LBEFF - Post by User
Comment by
millrighton Mar 17, 2008 1:25am
138 Views
Post# 14730985
RE: Facts hurt hey Millright
RE: Facts hurt hey Millrightcadomin is the typical lying basher with ISM background. Now cadomin backtracks and pretends to know that the options the other site [A G O R A] were granted, mean that site has to pay LBE for the right to excercise these options. I guess the sponsors of this basher helped him out.
But here is the original comment made by cadomin:
"However to continue this bias and pumping excercise they also issued 250,000 share options that can be converted into shares at $2.30 each (press release of Oct.26/07). Therefore Liberty has a further Investor Relations expense of $575,000 ($2.30 X 250,000 options). Combined thats an added expense of over $600,000 that we should see on their year end statements."
This cadomin nitwit thinks that LBE receiving $575,000 if the other site exercise their option amounts to $600,000 added expense! Not so cadomin - it amounts to $575,000 added cash flow. The expense on granting options is calculated at the time of the grant - not if or when the options are exercised - and the expense is not based on the exercise price as cadomin seems to think. Not very bright, that cadomin!
But if he wants to explain things maybe he should explain his core length times true width theory. That one takes the cake for showing what a nitwit he is.
cadomin is just another LBE basher with ISM roots - originating about the same time that rocksolid was uncovered as a basher with access to ISM inside information. Suspious - not really, the word is obvious. Another lightweight basher - no shares in LBE, no money, and no intellect. The bottom feeders of the investment world - a Howe Street shill!