Contact Regulators.....Hello Everyone,
I have serious concerns which lead me to believe that 5 firms engaged in "carpet bombing" of LFD stock when it was trading at 46 cents for the sole purpose of acquiring a financing at a much lower price of 25 cents.
Carpet bombing is where you dump a large number of shares at market. The dumping of these shares was done with NAKED SHARES.
I also believe that these same firms engaged in naked short selling roceeded to use the following paid bashers good40, kurd30, hhoc and others, to bash the stock down so that covering of these illegal positions could have been done at 25 cents.
This action is in itself a criminal activity, it is a felony and, if true, those responsible will do PRISON time.
It is about time that the regulators be made aware of this possible situation. There is a paper trail on the stock trades over the last 120 days. These criminals can be put in their place.
Be smart, advise management and write to regulators of venture exchange reporting this criminal activity.
Just my honest opinion.