PROOF.....Hello Everyone,
Notice that I did most of the bashing today and for good reason.
Notice that good40 and hhoc actually came to the defense of LFD. Good40 assured investors whom buy at 25 cents will not lose and money and, hhoc states that drilling does not result in mud and wants to see the oil.
Notice how the tune has changed from one of bashing to now one of HOPE.
Notice how kurd30 has gone silent.
These people good40, kurd30 and hhoc, all work for the 4 underwriters. They pushed the stock price down so that these criminals could steal your shares. Now that theft has occurred, they are going to promote how good LFD is.
LFD has just become a SHOW ME STOCK. This happens when management cannot be trusted and has scr*ewed its shareholders.
And I must say that Ahmed does not look too bright. He bought 500,000 shares at 37 cents. I guess even he got the shaft.
What happend that a CEO would get burnt on a purchase, what changed?
Ahmed probably purchased hoping to ride on the VST find. LFD wanted to ride the VST find. Well, VST has most likely found MUD.
Since MUD has no value, management rushed out and prosituted the shareholders of LFD at any price.
Great for those criminals buying at 25 cents, how about those poor warrant holders at 75 cents, how about those whom purchased during their Trash campagain at 46 cents.
I have never seen such greedy management. Is Stan Bharti not a billionaire? What the heck is $ 15 million to him? He could have loaned it out at 30% interest for 6 months.
But hey, it is always better to abuse of others and use their trust and funds.
Listen up management: You have disgraced your shareholders, you have lost their trust, you are unworthy of investor funds until you prove yourself to be honorable. You are now like the rest of the scum out there, no better, not more trustworthy, just there.
When are you going to have the guts to tell investors what is happening on VST? It is obvious from the significant drop in the stock price that VST is in serious trouble. What happened to full disclosure or it disclosure only to the rich and connected.
Shame on management, shame on them.
PS: If you have funds, invest elsewhere, in firms where you can actually trust management to represent your interests and, not their pockets.
JMHO