Luxor Industrial Corp. V.LRL

RE:Investor Presentation

[mjh9413]

Thanks for link as I came back here today to see why price movement notably down. Well, I guess I would have sold too after reading 55MM shares issued (at Jun 30th it was 39MM and one saw reference to 44MM after the qtr with no explanantion, and now 55MM as if they are suddenly recognising shares issued in Feb???!!!) Note also 13MM dilutive outstandings (is thaT A TYPO??!!!) yet there were only about 5MM options and warrants at June 30th...and they said then none of these were dilutive ...but now it's 13MM...give me a break.  It is a real lack of transparency and explanation no matter what they say about their positive general business outlook.
So, if you think they might do 2c eps for Q3 what number of shares are you using? A full 2cents on even 44MM (not 39MM) shares drops to 1.29cents on 68MM shares fully diluted.
The one silver lining was the statement they already have $20MM of CONTRACTED MF business for 2017. 2016 is however likely to give us 4cents eps at best on all this new equity. given 2H will simply echo 1H in terms of gross.
PITY!!