Victor2009's Desperate PleaVictor2009:
Your desperate plea that is short on LBE factual content and high on deflection is one that everyone now sees through. It is quite sad that your lack of objectivity results in the denial of the truth and personal attacks upon the messengers. The AG LBE board had an excellent post called "Q3 Results" and you should take time to read it; it is factual, objective and draws clear, concise conclusion. You dance around like a clown in a parade making people laugh leaving them thinking you are nuts. This is why is posted the Kesha Video "Blah Blah Blah", it best describes your antics here. However, from the AG LBE post, the following quotation based on the analysis of the latest set of Financial Statements:
"The accumulated losses over the last 5 years have grown to almost $90,000,000 with about $50,000,000 in debts still being owed."
Being said, this would amount to, at 8%, to approximately $4,000,000 per annum, or approximately $333,000 per month. Now that is a major bleed for a company this size and it goes on to say that more money will be needed to proceed with the Hart project. The point being, as is also stated in this post, is that it is up to the Chinese as how to proceed because they have controlling interest. It goes on to consider what other scenarios may play out as this company moves forward without Nash. You see Victor2009, it is your ignorance, arrogance, and lack of objectivity that has resulted in your failed investment. Staying the course will only result in much larger losses, but having already rode this thing down to 4 cents before probably means you are accustom to losing money.
Hurts, doesn't it, Victor2009!
How about some meaningful analysis and content as to how LBE will look like after Nash, it may restore some of your credibility but I doubt it.