SOROS INVESTMENT IS KEY TIP...Hello Everyone,
I see that the some of the demonic forces are out again trying to spread negativety with the objective of creating doubt.
The key tip that LFD is a solid investment relies on the FACT that SOROS pruchase $ 6 million in stock with warrants for another $ 6 million in September 2011.
Why is this important?
SOROS is a trader/investor whom expects strong returns for his money. Prior to investing a large sum of money in a penny stock SOROS would have conducted an exhaustive due diligence, which means that his people probably visited the locations themselves. SOROS spoke to insiders, to analysts, to goverment officials and has reviewed prior findings.
Who could have done a better due diligence than SOROS whom is independent and wants big returns for his risks.
SOROS is also your policeman whom will keep insiders and board on their toes.
SOROS is also connected to wealth, analysts, newspapers and other which will ensure good coverage.
SOROS is not gambling, he is investing. If a very successful billionaire believes after his exhaustive due diligence that LFD is worth a shot since there is strong possibility of strong returns, who am I to refute this analysis?
Follow the smart money and you will be wealthy.
Keep is simple. Lets just take into consideration the 1 well that flowed 4,800 barrels of oil per day. Putting this into production gives LFD $ 60 million in revenue. Since stock trades at about $ 40 million market cap, we could all be of the same opinion that LFD is undervalued as stocks trade at 3x to 6x sales.
My advice, LOAD UP, while others try to question SOROS due diligence.
JMHO